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Licious hits $100 million in annual revenue run rate

For its next phase of growth, Licious will focus on the ready-to-eat category and open more offline stores. It plans to open 40 stores by the end of the current fiscal. ....

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Tiger Global-backed Captain Fresh raises $13 mn in fresh funding round

Capitan Fresh will use the funds for capital expenditure and expansion of the business. The fundraise appears to be part of an ongoing round, and it is likely that the startup will raise more money. ....

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Licious ended FY23 with a flat revenue of Rs 746 crore

To be sure, most of Licious’ costs were either higher or were largely unchanged on a year-on-year (YoY) basis. ....

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Flat revenues and cash burn unchanged: What internal documents reveal about Licious' business

While Licious’ monthly cash burn dropped in some months, it has also seen a spike in the other, remaining largely in the Rs 22-26 crore range so far in FY24. ....

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