CleanupBot II: Removed empty portal template using script

2023-08-14T09:47:14Z

Removed empty portal template using script

← Older revision		Revision as of 15:17, 14 August 2023
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	==External links==		==External links==
	* {{Official website\|https://www.licious.in/}}		* {{Official website\|https://www.licious.in/}}
	~~{{Portal bar\|Companies\|Food}}~~

	[[Category:Seafood companies of India]]		[[Category:Seafood companies of India]]

183.82.1.176 at 08:53, 24 June 2021

2021-06-24T08:53:09Z

New page

{{UDP|date=November 2020}}
{{short description|Indian meat and seafood company}}
{{Use dmy dates|date=January 2020|cs1-dates=l}}
{{Orphan|date=January 2020}}
{{Infobox company
| name = Licious
| logo = Licious-Logo.png
| type = [[Privately held company]]
| foundation = 2015
| founders = {{Unbulleted list|Abhay Hanjura|Vivek Gupta}}
| location_city = [[Bengaluru]]
| location_country = [[India]]
| location = 
| origins =
| key_people = 
| area_served = [[India]]
| industry = [[Meat packing industry|Meat packing]]
| products = [[Meat]], [[seafood]], ready-to-cook and ready-to-eat meals
| services =
| revenue =
| operating_income =
| net_income =
| num_employees = 3500+
| parent = Delightful Gourmet Pvt. Ltd.
| divisions =
| subsid =
| owner =
| company_slogan =
| homepage = {{URL|https://www.licious.in}}
| dissolved =
| footnotes =
}}

'''Licious''' is headquartered in [[Bengaluru]], [[Karnataka]], India.<ref>{{cite news|last1=Sharma|first1=Mamta|title=Meaty opportunity: How startups are helping you buy fresh meat online|url=https://economictimes.indiatimes.com/small-biz/startups/meaty-opportunity-how-startups-are-helping-you-buy-fresh-meat-online/articleshow/52288071.cms|publisher=[[The Economic Times]]|date=16 May 2016}}</ref> The company operates on a [[Farm-to-table|farm-to-fork]] model, owning the entire back-end supply chain and cold chain.<ref>{{cite news|last1=Gupta|first1=Soumya|title=Licious:The Company Plans to Take its Value Offerings to NCR by Q4 2020 (Jan - March)|url=http://bwdisrupt.businessworld.in/article/Licious-The-Company-Plans-to-Take-its-Value-Offerings-to-NCR-by-Q4-2020-Jan-March-/11-11-2020-108083/|publisher=[[BusinessWorld]]|date=11 November 2020}}</ref><ref name="economictimes1"/><ref name="livemint"/> It operates across Bengaluru,<ref name="techcircle"/> [[Hyderabad]], [[Delhi]], [[Gurugram]], [[Faridabad]], [[Noida]],<ref name="inc42">{{cite news|last1=Mukherjee|first1=Sukanya|title=Armed With Over 300K Customers, Here's How Licious Is Gobbling Up The Indian Gourmet Meat Market|url=https://inc42.com/startups/licious-gourmet-meat-startup/|publisher=Inc42|date= 3 April 2020}}</ref> [[Mumbai]], [[Pune]],<ref>{{Cite news|url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/online-meat-service-brand-licious-expands-to-mumbai-and-pune-markets/articleshow/69042710.cms?from=mdr|title=Online meat service brand Licious expands to Mumbai and Pune markets|last=Balram|first=Smita|date=26 April 2020|work=The Economic Times|access-date=26 June 2020}}</ref> [[Chennai]], [[Chandigarh]], Jaipur,<ref>{{Citation|title=Jaipur|date=2021-01-17|url=https://en.wikipedia.org/w/index.php?title=Jaipur&oldid=1000962457|work=Wikipedia|language=en|access-date=2021-01-18}}</ref> Coimbatore,<ref>{{Citation|title=Coimbatore|date=2021-01-15|url=https://en.wikipedia.org/w/index.php?title=Coimbatore&oldid=1000593066|work=Wikipedia|language=en|access-date=2021-01-18}}</ref> Kochi,<ref>{{Citation|title=Kochi|date=2020-12-31|url=https://en.wikipedia.org/w/index.php?title=Kochi&oldid=997388410|work=Wikipedia|language=en|access-date=2021-01-18}}</ref> [[Visakhapatnam]], [[Vijayawada]], [[Pondicherry]] and [[Kolkata]].

The Company has 5 processing centers, one of each in Hyderabad, Mumbai, Gurugram and 2 in Bangalore.<ref name="thehindu">{{cite news|last1=Borah|first1=Prabalika|title=Meat on wheels
|url=https://www.thehindu.com/life-and-style/food/meat-on-wheels/article19967427.ece|publisher=[[The Hindu]]|date=2 November 2017}}</ref>
Licious is recognised with the FSSC22000 [[United Kingdom Accreditation Service|UKAS certification]] for food safety.<ref name="thehindubusinessline1" />

In 2019, Licious began to sell meat offline with two Experience Centres – one in Gurugram's Galleria Market and the other at Bangalore's Ascendas Park Square Mall.<ref>{{Cite web|url=https://www.thehindubusinessline.com/companies/online-meat-seafood-brand-licious-goes-offline-too/article27583882.ece|title=Online meat, seafood brand Licious goes offline, too|last=Bureau|first=Our|website=@businessline|language=en|access-date=26 June 2019}}</ref>

==History==
Licious, owned by Delightful Gourmet Pvt Ltd., was founded in July 2015 by Abhay Hanjura and Vivek Gupta and officially launched in October of the same year.<ref name="techcircle"/>
Abhay Hanjura and Vivek Gupta had previously worked for Futurisk Insurance and [[Helion Venture Partners|Helion Ventures]], respectively. Hanjura has a [[biotechnology]] degree and is an [[Insurance Institute of India|Indian Institute of Insurance]] alumnus. Vivek is a rank-holding commerce graduate and [[chartered accountant]].<ref name="The Hindu"/><ref name="economictimes"/>


Licious operates five processing centres, whose locations are in Bengaluru (2), Mumbai(1), Hyderabad (1) and [[Gurugram|Gurugram (1)]], and more than 90 delivery centres across all markets. The company owns and operates the entire back-end [[supply chain]], and controls a stringent [[cold chain]] to maintain the quality and freshness of its products.<ref name="livemint"/><ref name="thehindu"/><ref>{{cite news|last1=Bagade|first1=Hrithik Kiran|title=Licious: A startup food for thought with a meaty serving|url=https://www.deccanherald.com/content/582167/licious-startup-food-thought-meaty.html|publisher=[[Deccan Herald]]|date=21 November 2016}}</ref>

==Funding==
Licious received a [[Seed money|seed investment]] of [[Indian rupee sign|₹]]6.9 [[crore]] ($1 million) from [[T.V. Mohandas Pai]], Manipal Global Education Services and entrepreneur Kanwaljit Singh.<ref name="techcircle">{{cite news|last1=Toms|first1=Manu|title=Meat ordering startup Licious raises Series A funding|url=https://techcircle.vccircle.com/2016/04/21/exclusive-meat-ordering-startup-licious-raises-series-a-funding|publisher=[[VCCircle]]|date=21 April 2016}}</ref><ref name="The Hindu">{{cite news|last1=Peerzada|first1=Abrar|title=Mohandas Pai invests in meat-delivery start-up Licious |url=https://www.thehindu.com/business/Industry/mohandas-pai-invests-in-meatdelivery-startup-licious/article7678300.ec|publisher=[[The Hindu]]|date=22 September 2015}}</ref><ref>{{cite news|last1=Advani|first1=Sonali|title=Begaluru based Licious partners with hyper local delivery startup Grofers, will deliver meat in 90 minutes|url=https://economictimes.indiatimes.com/small-biz/startups/begaluru-based-licious-partners-with-hyper-local-delivery-startup-grofers-will-deliver-meat-in-90-minutes/articleshow/49253700.cms|publisher=[[The Economic Times]]|date=7 October 2015}}</ref><ref name="Entrepreneur">{{cite news|last1=Jain|first1=Samiksha|title=How 6-month old startup Licious induced TV Mohandas Pai to invest in them|url=https://www.entrepreneur.com/article/251690|publisher=[[Entrepreneur (magazine)|Entrepreneur]]|date=14 October 2015}}</ref><ref>{{cite news|last1=Das|first1=Avik|title=I Declined a CEO position to start my own firm|url=https://timesofindia.indiatimes.com/city/bengaluru/I-declined-a-CEO-position-to-start-my-own-firm/articleshow/49758483.cms|publisher=[[Times Of India]]|date=12 November 2015}}</ref>

In 2016, the company raised a [[Series A round]] of funding of about ₹21 crore ($3 million) from [[Mayfield Fund|Mayfield Capital]] and 3one4 Capital.<ref name="economictimes">{{cite news|last1=Maheshwari|first1=Richa|title=Meat delivery service Licious parent raises $3M from Mayfield India|url=https://tech.economictimes.indiatimes.com/news/startups/licious-parent-raises-3-million-funding-mayfield-india/51937068|publisher=[[The Economic Times]]|date=22 April 2016}}</ref>

In the first quarter of 2017, Licious received a [[Series B round]] of investment with ₹69 crore ($10 million) from existing and new investors, including Mayfield India, 3one4 Capital, Sistema Asia Fund and Neoplux Technology fund.<ref name="economictimes1">{{cite news|last1=Shashwati|first1=Shankar|title=Online meat service startup Licious gets $10 million in funding|url=https://economictimes.indiatimes.com/small-biz/money/online-meat-service-startup-licious-gets-10-million-in-funding/articleshow/57885607.cms|publisher=[[The Economic Times]]|date=29 March 2017}}</ref><ref name="inc42"/><ref>{{cite news|title=Licious raises ₹65 cr from Mayfield India, other investors|url=https://www.thehindubusinessline.com/info-tech/licious-raises-65-cr-from-mayfield-india-other-investors/article9606521.ece|publisher=[[Business Line]]|date=29 March 2017}}</ref>

In September 2018, Licious raised ₹174 crore ($25 million) in a [[Series C round]] of investment. The round was led by Bertelsmann India Investments and Vertex Ventures Southeast Asia & India (part of the [[Vertex Venture Holdings|Vertex Holdings]] network of funds). The [[University of California, Los Angeles]] (UCLA), also invested in the company along with existing investors Mayfield India, 3one4 Capital, Sistema Asia Fund and InnoVen Capital.<ref name="livemint">{{cite news|last1=Govind|first1=Deepti|title=Licious raises $25 million from Bertelsmann, Vertex, UCLA, others|url=https://www.livemint.com/Companies/oHssZ5KFwvwjBdvPx9dLaO/Meat-startup-Licious-raises-25-million-from-Bertelsmann-In.html|publisher=[[Mint (newspaper)|Mint]]|date=26 September 2018}}</ref>

In December 2018, Licious raised another ₹174 crore ($25 million) in a [[Series D round]] of investment. The round was led by Japan's publicly listed conglomerate Nichirei Group. Existing investors 3one4 Capital, Bertelsmann India Investment, Vertex Ventures Southeast Asia and India, UCLA and Sistema Asia Fund were other contributors.<ref>{{cite news|title=Licious raises $25 million from investors led by Japan's Nichirei Corp|url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/licious-raises-25-million-from-investors-led-by-japans-nichirei-corp/articleshow/67024259.cms|publisher=[[The Economic Times]]|date=10 December 2018}}</ref><ref>{{cite news|last1=Patwa|first1=Prasannata |title=Licious raises $25 million in funding round led by Nichirei Corp|url=https://www.livemint.com/Companies/8flPXmA7yujxgXv4ypaOnO/Licious-raises-25-million-in-funding-round-led-by-Japans-N.html|publisher=[[Mint (newspaper)|Mint]]|date=11 December 2018}}</ref>

In December 2019, Licious raised $30 million in its [[Series E round]],<ref>{{Cite news|url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/licious-closes-30-million-funding-round-led-by-vertex-growth-fund/articleshow/72764449.cms|title=Licious closes $30 million funding round led by Vertex Growth Fund|last=Gooptu|first=Biswarup|date=16 December 2019|work=The Economic Times|access-date=17 December 2019}}</ref> led by Singapore-based Vertex Growth Fund. Several existing investors returned, including 3one4 Capital, Bertelsmann India Investments, Nichirei Corp, Vertex Ventures Southeast Asia and India, and Sistema Asia Fund.

==Awards and recognition==
'''2016:'''
* CB Insights: top 12 emerging startups<ref>{{cite news|title=12 Startups To Watch In India|url=https://www.cbinsights.com/research/india-hot-startups-to-watch/|publisher=Cbinsights|date=28 June 2016}}</ref>
'''2017:'''
* SuperStartups Asia 2017<ref>{{cite news|last1=Gupta|first1=Soumya|title=SuperStartUps India Announce their First Ever Awards|url=http://bwdisrupt.businessworld.in/article/SuperStartUps-India-Announce-their-First-Ever-Awards-/12-04-2017-116194/|publisher=[[BusinessWorld]]|date=12 April 2017}}</ref>
'''2018:'''
* BW Disrupt 40 under 40<ref>{{cite news|title=Staying Ahead Of The Curve|url=http://www.businessworld.in/article/Staying-Ahead-Of-The-Curve/22-10-2018-162659/|publisher=[[GQ (Indian edition)]]|date=5 December 2018}}</ref><ref>{{cite news|last1=Sangwan|first1= Sujata |title=Meet 40 Young Business Leaders Selected by BW Businessworld for Its 2nd Edition of 40 Under 40 Awards and Summit|url=http://bwdisrupt.businessworld.in/article/Meet-40-Young-Business-Leaders-Selected-by-BW-Businessworld-for-Its-2nd-Edition-of-40-Under-40-Awards-and-Summit/28-09-2018-161053/|publisher=[[BusinessWorld]]|date=5 December 2018}}</ref>
* [[GQ (Indian edition)|GQ India]]: 50 Most Influential Indians<ref>{{cite news|title=GQ's 50 Most Influential Young Indians of 2018|url=https://www.gqindia.com/content/gq-most-influential-young-indians-2018/|publisher=[[GQ (Indian edition)]]|date=8 January 2019}}</ref>
* FSSC22000 UKAS certification<ref name="thehindubusinessline1">{{cite news|last1=Chengappa|first1=Sangeetha|title=Meat start-up Licious gets top food-safety mark|url=https://www.thehindubusinessline.com/companies/meat-start-up-licious-gets-no20180518allan-f-a-lasradochennai0worlds-notop-food-safety-no20180518allan-f-a-lasradochennai0certification-in-the-world-nono20180518allan-f-a-lasradochennai0-fssc22000nomark/article23930153.ece|publisher=[[Business Line]]|date=18 May 2018}}</ref>
* INC42: Most Innovative Startups<ref>{{cite news|title=42Next By Inc42 — Meet India's 42 Most Innovative Startups|url=https://inc42.com/features/inc42-unveils-42next-the-42-most-innovative-startups-in-india/|publisher=Inc42|date=20 November 2018}}</ref>

'''2019:'''

*Entrepreneur Magazine: 35 Under 35<ref>{{Cite web|url=https://www.entrepreneur.com/slideshow/327768|title=Entrepreneur Reveals its 35 Under 35 Class of 2019|last=Sabharwal|first=Punita|date=9 February 2019|website=Entrepreneur|language=en|access-date=26 June 2019}}</ref>
*Fortune 40 Under 40: class of 2019]<ref>{{Cite web|url=https://www.fortuneindia.com/40under40/vivek-gupta-abhay-hanjura?year=2019|title=Vivek Gupta, Abhay Hanjura - India’s Young & Brightest Entrepreneurs in 40 Under 40 2019 - Fortune India|website=www.fortuneindia.com|language=en|access-date=26 June 2019}}</ref>
*BW: 35 Under 35, class of 2019<ref>{{Cite web|url=http://businessworld.in/article/Prominent-Change-Makers-Under-The-Age-Of-40-Honoured/24-10-2019-178088|title=Prominent Change Makers Under The Age Of 40 Honoured|last=Bureau|first=BW Online|website=BW Businessworld|language=en|access-date=6 December 2019}}</ref>
*CII_ Outstanding Performance in Food Safety Award in the category of Small & Medium Manufacturing Food Businesses –Rising Star - Meat & Poultry 2019
*Frost & Sullivan Innovation Award- Licious Spreads 2019
*Economic Times- Most Promising Business Leaders of Asia 2019<ref>{{Cite web|title=Most Promising Business Leaders of Asia 2019 – 4th Asian Business Leaders Conclave|url=http://www.et-edge.com/conferences/ablc/most-promising-business-leaders-of-asia-2019/|access-date=2020-08-14|language=en-US}}</ref>
'''2020:'''
*Entrepreneur Magazine- Food & Beverage Start-up of the Year 2020<ref>{{Cite web|last=Staff|first=Entrepreneur|date=2020-08-05|title=Entrepreneur Awards 2020: And the Winner Is...|url=https://www.entrepreneur.com/article/354287|access-date=2020-08-14|website=Entrepreneur|language=en}}</ref>

==See also==
* [[List of seafood companies]]
* [[American Seafoods]]
* [[Bumble Bee Foods]]
* [[Pescafresh]]

==References==
{{Reflist}}

==External links==
* {{Official website|https://www.licious.in/}}
{{Portal bar|Companies|Food}}

[[Category:Seafood companies of India]]
[[Category:Meat companies of India]]
[[Category:Companies based in Bangalore]]
[[Category:Indian companies established in 2015]]
[[Category:2015 establishments in Karnataka]]
[[Category:Food product brands]]
[[Category:Brand name meats]]

Licious - Revision history

CleanupBot II: Removed empty portal template using script

183.82.1.176 at 08:53, 24 June 2021