Private Equity Angel Investments
Meat delivery unicorn Licious raises Rs.9-Cr from Gruhas Proptech, others
Bengaluru-based online meat ordering company Licious has raised INR 9.14 crore in a Series F1A round. Gruhas Proptech, backed by Zerodha promoter Nithin Kamath and Puzzolana Group, has invested INR 3.47 crore. Haresh Chawla of True North private equity has invested INR 2 crore while Aman Gupta, co-founder of boAT, has put in INR 1.05 crore and others, INR 2.63 crore.
Licious recently turned unicorn after raising USD 52 million from IIFL and Avendus in a round at a valuation of over USD 1 Billion. The company will use the raised funds for growth, expansion, and marketing. Currently, Licious offers services in 17 cities.
From the Venture Intelligence PE-VC Deal Database: Between Dec-15 and Oct-21, Licious raised $337-M from IIFL, Avendus, 3ONE4 Capital, Bertelsmann India Investments, Multiples PE, Vertex, Temasek, Sistema Asia Fund, InnoVen Capital, Neoplux, Mayfield and others.