Licious has raised $52 million from IIFL Asset Management Ltd’s private equity fund at a billion-dollar valuation, making the online fish and meat store the 29th Indian startup to enter the unicorn club this year
Licious draws funding interest at post-money valuation of $800 million
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Private equity investors Multiples PE, Premji Invest and Goldman Sachs are looking to invest a combined $150-200 million in Licious at a post-money valuation of $800 million.
ETtech
Founded in 2015 by Vivek Gupta and Abhay Hanjura, Licious has entered the ready-to-eat market after establishing a presence in the fresh meat and seafood segments. (Illustration: Rahul Awasthi/ETtech)
Mumbai: Private equity investors Multiples Alternate Asset Management, Premji Invest and Goldman Sachs are looking to together invest $150-200 million (Rs 1,125-1,500 crore) in meat and seafood brand Licious, people close to the development said.
Licious eyes $80 million in funding at $800 million valuation
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TPG, General Atlantic, PremjiInvest and Multiples Alternate Asset Management are in talks to invest in the Vertex and 3one4 Capital-backed company.
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Mumbai: Gourmet meat startup Licious is eyeing $80 million in capital at a valuation of $800 million, sources close to the development said, in a round that will see new as well as existing investors participate.
TPG, General Atlantic, PremjiInvest and Multiples Alternate Asset Management are in talks to invest in the Vertex and 3one4 Capital-backed company, the sources said.
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