Zerodha founders, BoAt’s Aman Gupta etc invest $150 million in Licious

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Zerodha founders, BoAt’s Aman Gupta etc invest $150 million in Licious
15 Mar 2022
6 min read

News Synopsis

On Tuesday, the Online meat and seafood delivery platform- Licious announced that it has $150 million. Singapore-based Amansa Capital, along with Kotak PE and Axis Growth Avenues AIF - I led the series F2 round. This funding round also saw the participation of Zerodha’s founders Nithin and Nikhil Kamath, BoAt’s cofounder Aman Gupta and True North’s partner Haresh Chawla. After the fundraising round, Vivek Gupta and Abhay Hanjura, cofounders of Licious, in their statement said: “This valuation is a direct outcome of the value that we have created for our stakeholders – investments made towards building the category have borne us rich dividends and have propelled growth for the company and its people. The growing interest of investors – from India and abroad alike is an added assurance that obsession with customers, quality, and service standards are the pillars of the best businesses.” Licious claims itself to be the most valued direct-to-consumer (D2C) startup in India. However, it did not reveal its valuation. Six months before, Licious acquired the status of Unicorn when its valuation reached one billion dollars. Licious specializes in chicken, goat, lamb, and pork meat, among others. It also offers fish and seafood products, along with exotic meat varieties like turkey, blue crab, and more.

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