When was Licious founded?

Licious was founded in 2015 and became a unicorn in 2021.

Where is Licious located?

Licious is headquartered in Bengaluru, India. It is registered at Maruti Infotech Center No. 11/1, 12/1, Tower A, Ground Floor, Amarjyothi Layout, Intermediate Ring Road, Domlur, Bangalore, Bangalore North, Karnataka, India, 560071.

Which legal entities is Licious associated with?

Licious is associated with DELIGHTFUL GOURMET PRIVATE LIMITED and 1 other.

How many employees does Licious have?

As of May 31, 2026, the latest employee count at Licious is 2828.

Is Licious a funded company?

Licious is a funded company, having raised a total of $490M across 13 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Seed round.

How much is Licious worth?

The latest valuation of Licious is ₹12,100Cr as of Sep 21, 2023.

When was the latest funding round of Licious?

Licious' latest funding was a $912K Series G round on Sep 21, 2023, with participation from 1 investor.

What is the annual revenue of Licious?

Annual revenue of Licious is more than ₹1,000 Cr as on Mar 31, 2026

Is Licious a Online Grocery company?

The primary sectors of Licious are Online Grocery and Food & Beverage Products.

Where does Licious rank among its competitors?

Licious ranks 1st amongst 115 active competitors, of which 12 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was TenderCuts, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of Licious?

Licious' top competitors include TenderCuts, FreshToHome and ZappFresh. Among them, TenderCuts secured the most recent funding round in April, 2026.

Licious - 2026 Company Profile, Team, Funding, Competitors & Financials

Licious is a series G company based in Bengaluru (India), founded in 2015 by Varun Sadana, Abhay Kumar Hanjura, Joe Manavalan and Vivek Gupta. It operates as a Retailer of fresh meat products available for online consumer purchase. Licious has raised $490M in funding from investors like Mayfield, Avendus and Temasek, with a current valuation of ₹12,100Cr. The company has 115 active competitors, including 12 funded and 4 that have exited. Its top competitors include companies like TenderCuts, FreshToHome and ZappFresh.

Sectors and market segments that Licious operate in

Licious serves in the Food and Agriculture Tech, Food and Agriculture, Consumer Goods market segments.The primary business model of Licious are:

Company Details

Retailer of fresh meat products available for online consumer purchase. This business facilitates the digital procurement of various raw meat items. Customers select products through an online interface for delivery. The operation focuses on the distribution of perishable food goods directly to households.

Website: www.licious.in/
Social
Email ID: *****@licious.com
Phone Number: +91 **********
Part Of
Registered Address: Maruti Infotech Center No. 11/1, 12/1, Tower A, Ground Floor, Amarjyothi Layout, Intermediate Ring Road, Domlur, Bangalore, Bangalore North, Karnataka, India, 560071

Key Metrics

Founded Year

2015

Location

Bengaluru, India

Stage

Series G

Total Funding

$490M in 13 rounds

Latest Funding Round

Series G, Sep 21, 2023, $912K

Post Money Valuation

₹12,100Cr as on Sep 21, 2023

Investors

Mayfield & 68 more

Ranked

1^st among 115 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

2,828 as on May 31, 2026

Investment & Acquisitions

My Chicken and More & 1 more

Similar Companies

TenderCuts & 15 more

View Licious' full profile

Licious is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VIABL SMART VENTURES LLP CIN: AAZ-8911 , India, Active	Dec 15, 2021	0 - ₹10 Cr (As on Mar 31, 2025)	-
DELIGHTFUL GOURMET PRIVATE LIMITED CIN: U74900KA2015PTC080321 , India, Active	May 13, 2015	₹1,000+ Cr (As on Mar 31, 2026)	2828 (As on May 31, 2026)

Licious has raised a total funding of $490M over 13 rounds. Its latest funding round was a Series G round on Sep 21, 2023 for $912K. 1 investor participated in its latest round. Licious has 39 institutional investors and 30 angel investors.

Here is the list of recent funding rounds of Licious:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 21, 2023	$912K	Series G	$1.47B	-	Innoven Capital	-
Mar 14, 2022	$150M	Series G	-	-	Amansa Capital, Axis Growth Avenues AIF–I, Kotak Investment Advisors	Temasek, Multiples Alternate Asset Management, 3one4 Capital, Vertex Growth, 360 One, Sameer Mehta, Haresh Chawla, Nikhil Kamath, Aman Gupta, Ministry of Finance and Economy of Brunei, Axis Growth, Ammar Teknik, Rahul Jain, Nithin Kamath, True North, Kotak Mahindra Bank
Feb 23, 2022	$1.23M	Series G	$1.23B	-	Gruhas	Aman Gupta, Haresh Chawla, Sameer Mehta, Ashish Aggarwal, Narshing Das Makkar, Gaurav Khare

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View details of Licious's funding rounds and investors

The founders of Licious are Varun Sadana, Abhay Kumar Hanjura, Joe Manavalan and Vivek Gupta. Saif Shaikh is the CEO of Licious.

Here are the details of Licious' key team members:

Varun Sadana: Former Co-Founder of Licious and founder of 1 other company. They are also an angel investor in 5 startups and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Abhay Kumar Hanjura: Co-Founder of Licious and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Joe Manavalan: Former Co-Founder of Licious.
Vivek Gupta: Co-Founder of Licious.
Contact Info: 1 email address and 1 phone number
Saif Shaikh: CEO of Licious.

Licious' Board of Directors

Licious's board has 10 active members. Dhruv Kapoor, Abhay Kumar Hanjura, Sridhar Sankararaman ., Vishesh Shrivastav, Nikhil Khattau Nirvan, Benedict Jerome Mathias, Ved Prakash Kalanoria, Kanwaljit Singh, Mohnish Jayesh Dave and Vivek Gupta are part of team.

Here is the list of Licious' board of directors:

Name	Type	Representing	Status	Duration
Abhay Kumar Hanjura	Team	-	Current	11y 2m
Vivek Gupta	Team	-	Current	11y 2m
Sridhar Sankararaman .	Investor	-	Current	5y 1m
Vishesh Shrivastav	Investor	Temasek	Current	4y 11m
Nikhil Khattau Nirvan	Investor	-	Current	7y 9m
Benedict Jerome Mathias	Investor	-	Current	7y 7m
Kanwaljit Singh	Investor	Fireside Ventures	Current	10y 0m
Mohnish Jayesh Dave	Investor	-	Current	0y 8m
Dhruv Kapoor	Investor	Sistema Asia Capital	Past	0y 7m
Ved Prakash Kalanoria	Investor	-	Past	4y 11m

View details of Licious's Founder profiles and Board Members

Licious' employee count trend

Licious has 2,828 employees as of May 26. The total employee count is 48.0% more than what it was in May 25. Here is Licious's employee count trend over the years:

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Top competitors of Licious include TenderCuts, FreshToHome and ZappFresh. Here is the list of Top 10 competitors of Licious, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Licious 2015, Bengaluru (India), Series G	Retailer of fresh meat products available for online consumer purchase	$490M	Multiples Alternate Asset Management, Amansa Capital ... & 67 others	84/100
2nd	TenderCuts 2016, Chennai (India), Acquired	Order fresh chicken, mutton, and fish online with speedy delivery	$38.1M	Paragon Partners, Stride Ventures & 38 others	74/100
3rd	FreshToHome 2015, Bengaluru (India), Series D	Online retailer of fresh fish, poultry, mutton, and ready-to-cook items	$320M	Raed Ventures, Oasis Investment Holding & 98 others	74/100
4th	ZappFresh 2015, Gurugram (India), Public	Platform offering fresh meat, chicken, seafood, and ready-to-eat non-vegetarian products	$14.5M	A R Chadha & Co, SIDBI Venture Capital & 41 others	72/100
5th	Fipola 2016, Chennai (India), Series A	Processor and retailer of meat products	$12M	A.R.Foundation, Aria Investments & 26 others	52/100
6th	Good To Go 2015, Delhi (India), Seed	Provider of online fresh meat and seafood delivery	$2.48M	Kam Hospitality, Sanjiv Sarita Consulting ... & 35 others	50/100
7th	Meatigo 2016, Gurugram (India), Acquired	Online platform offering gourmet meat delivery services	-	-	49/100
8th	Nandus 2002, Bengaluru (India), Unfunded	Online platform for home delivery of fresh and healthy meat, fish, and seafood products	-	-	48/100
9th	TWM 2021, Delhi (India), Unfunded	Platform offering wholesale meat delivery services	-	-	45/100
10th	Delybazar 2015, Kolkata (India), Seed	App-based retailer offering multi-category groceries	$300K	Brandshoots Ventures & 2 others	44/100

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Founders own 17.37%, Funds (largest shareholder) own 74.06%, Enterprises own 5.43% and Angels own 0.58%. The net worth of Licious's founders is INR 2,110Cr as of Sep 21, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	17.37%	2,110Cr	8011082	7531186	9515108	4657881
Abhay Kumar Hanjura	8731829	6879343	8782375	3167434	3195886	8322947
Fund	74.06%	8,990Cr	8108971	1044416	7329499	4895490
Temasek	2713375	6587950	3688894	8360121	4722093	2538228
Vertex Growth	4903610	5959086	3541631	1466387	3877493	4621801
Multiples Alternate Asset Management	9691785	4026452	4534919	3335050	7951566	9522309
Mayfield	857551	173491	615605	884924	295868	629196
Bertelsmann Investments	324870	617135	177604	612538	413209	677162
Sistema	183318	526445	829565	275964	895851	650047
Amansa Capital	966	812	594	791	854	208
3one4 Capital	615	264	525	139	900	824
Kotak Mahindra Bank	29	71	38	33	54	39
Avendus	8	6	4	1	3	4
Axis Growth	8	2	6	7	5	2
Fireside Ventures	0	0	0	0	0	0
Tholons	0	0	0	0	0	0
Innoven Capital	0	0	0	0	0	0
Gruhas	0	0	0	0	0	0
QED Innovation Labs	0	0	0	0	0	0
xto10x	0	0	0	0	0	0
Transaction Square	0	0	0	0	0	0
Enterprise	5.43%	660Cr	70824	70531	90948	84878
Angel	0.58%	70.7Cr	0	0	0	0
Narshing Dass Makkar	0	0	0	0	0	0
Sameer Brij Verma	0	0	0	0	0	0
Akshay Ghulati	0	0	0	0	0	0
Haresh Chawla	0	0	0	0	0	0
Pankaj Ramkrishna Naik	0	0	0	0	0	0
Sudhir Sitapati	0	0	0	0	0	0
Avdesh Mittal	0	0	0	0	0	0
Aman Gupta	0	0	0	0	0	0
Sameer Mehta	0	0	0	0	0	0
Ashish Aggarwal	0	0	0	0	0	0
Kamalakshaiah S	0	0	0	0	0	0
G Vinod	0	0	0	0	0	0
Anupama Das	0	0	0	0	0	0
Sekhar Chennupati	0	0	0	0	0	0
Siddarth Pai	0	0	0	0	0	0
Kaushal Agarwal	0	0	0	0	0	0
Mayur Mukundbhai Desai	0	0	0	0	0	0
Other People	0.00%	35.5L	0	0	0	0
ESOP Pool	2.55%	310Cr	14	70	76	29
Total	100.00%	12,100Cr	3784203	2413918	9544994	6678906