{"id":476,"date":"2026-03-26T03:40:35","date_gmt":"2026-03-25T18:40:35","guid":{"rendered":"https:\/\/india-marketing.jp\/india-company\/licious\/"},"modified":"2026-09-20T03:28:33","modified_gmt":"2026-09-19T18:28:33","slug":"licious","status":"publish","type":"india-company","link":"https:\/\/india-marketing.jp\/en\/india-company\/licious\/","title":{"rendered":"Licious | D2C fresh meat and seafood (FY2025 revenue \u20b9844.6 crore)"},"content":{"rendered":"<div class=\"disclaimer-asof\" style=\"border:1px solid #e0e0e0;background:#fafafa;padding:16px 18px;margin:0 0 28px;font-size:.92em;line-height:1.8;border-radius:4px;\">\nThis article is based on what we could verify <strong>As of September 19, 2026<\/strong> This page is based on the disclosures and news reports from each company that we were able to confirm as of that date. Amounts in the text follow the notation commonly used in India, with \u20b91 crore = 10 million rupees, and yen figures are approximations calculated at a little over 1.7 yen to the rupee. Store counts, funding raised, and results at Indian companies change over short periods, so when making a business decision, please check the latest information in primary sources such as each company's own announcements.\n<\/div>\n\n\n<p>Licious is a D2C brand that sources chicken, mutton, and seafood itself and delivers them over its own network. Fresh meat in India is still dominated by independent butchers, and bringing temperature control and packaging into that market is what won it support.<\/p>\n<h2>Company profile<\/h2>\n<table>\n<tr>\n<th>Item<\/th>\n<th>Details<\/th>\n<\/tr>\n<tr>\n<td>Legal name<\/td>\n<td>Delightful Gourmet Private Limited (brand name Licious)<\/td>\n<\/tr>\n<tr>\n<td>Year founded<\/td>\n<td>2015<\/td>\n<\/tr>\n<tr>\n<td>Headquarters<\/td>\n<td>Bengaluru (Karnataka)<\/td>\n<\/tr>\n<tr>\n<td>Co-founders<\/td>\n<td>Abhay Hanjura, Vivek Gupta (Varun Sadana was also a founding member but stepped down in 2021)<\/td>\n<\/tr>\n<tr>\n<td>Revenue (operating revenue)<\/td>\n<td>\u20b9795 crore (FY2025 = fiscal year ending March 2025; up 16% from \u20b9685 crore the previous year). On a total income basis, \u20b9844.6 crore<\/td>\n<\/tr>\n<tr>\n<td>Employees<\/td>\n<td>About 2,200<\/td>\n<\/tr>\n<tr>\n<td>Total funding raised<\/td>\n<td>About 554.22 million dollars (11 rounds)<\/td>\n<\/tr>\n<tr>\n<td>Listing<\/td>\n<td>Unlisted<\/td>\n<\/tr>\n<tr>\n<td>Official website<\/td>\n<td><a href=\"https:\/\/www.licious.in\/\" target=\"_blank\" rel=\"noopener\">licious.in<\/a><\/td>\n<\/tr>\n<\/table>\n<h2>Business and strengths<\/h2>\n<p>It is an integrated model that keeps sourcing, processing, storage, and delivery in house, with a setup that never breaks the cold chain before the product reaches the customer. Variation in quality easily makes buyers hesitate over fresh meat, and removing that hesitation became the foundation of the brand.<\/p>\n<p>In addition to cuts of chicken, mutton, and seafood, it has widened its range to prepped Ready-to-Cook items, spices, and snacks.<\/p>\n<h2>Recent developments<\/h2>\n<p>Operating revenue for FY2025 (fiscal year ending March 2025) was \u20b9795 crore, up 16% from \u20b9685 crore the previous year. In FY2024, revenue had fallen from the year before as the company reviewed its business, so growth has not been a straight line. Cumulative funding has reached about 554.22 million dollars, but the most recent round stopped in March 2022.<\/p>\n<h2>Points for Japanese companies<\/h2>\n<p>It offers a basis for thinking about how much logistics you need to own yourself when selling chilled and frozen food in India. Unlike countries where outsourcing is enough, the choice of third-party logistics able to hold a temperature range is limited, so Licious decided to carry it in house.<\/p>\n<h2>Reference Information<\/h2>\n<ul><li><a href=\"https:\/\/inc42.com\/company\/licious\/\" target=\"_blank\" rel=\"noopener\">Inc42 \u2013 Licious (funding and results)<\/a><\/li><li><a href=\"https:\/\/www.licious.in\/\" target=\"_blank\" rel=\"noopener\">Licious official website<\/a><\/li><\/ul>\n<h2>Related Articles<\/h2>\n<ul><li><a href=\"https:\/\/india-marketing.jp\/en\/business\/india-comprehensive\/\">Pros and Cons of Entering the Indian Market<\/a><\/li><li><a href=\"https:\/\/india-marketing.jp\/en\/business\/startup\/\">Unicorn Companies Born in India<\/a><\/li><li><a href=\"https:\/\/india-marketing.jp\/en\/business\/middle-class\/\">Consumption Trends of India's Middle Class<\/a><\/li><\/ul>\n\n<div class=\"p-blogParts post_content\" data-partsid=\"1001\">\n<div class=\"swell-block-fullWide pc-py-60 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\u306b\u540c\u610f\u3057\u305f\u3082\u306e\u3068\u3057\u307e\u3059<\/span>\n\t\t<\/p>\n\t<\/div>\n\t<p><input class=\"wpcf7-form-control wpcf7-submit has-spinner cf7-mini__submit\" type=\"submit\" value=\"\u9001\u4fe1\" \/>\n\t<\/p>\n<\/div><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n<\/div>\n<\/p>\n<\/div><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>\u9d8f\u8089\u30fb\u30de\u30c8\u30f3\u30fb\u9b5a\u4ecb\u3092\u81ea\u793e\u306e\u7269\u6d41\u3067\u5c4a\u3051\u308bD2C\u30d6\u30e9\u30f3\u30c9\u3002FY2025\u306e\u55b6\u696d\u53ce\u76ca\u306f\u20b9795 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