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Zappfresh in talks for majority stake in GM FoodsZappfresh is in discussions to acquire a majority stake in GM Foods. This move aims to expand Zappfresh's product offerings. The company is...- Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.
- Licious’ FY26 revenues grow 47% to Rs 1,166 croreMeat and seafood retailer Licious reported a 47% rise in revenues, at Rs 1,166 crore, for the financial year ended March 31, 2026, up from ...
- Licious April-December revenue surges 47% YoY, operating losses stay flatOperating losses for the same period remained relatively flat at Rs 100-110 crore, people aware of the company’s financials said. For the f...
- Licious FY25 revenue grows 16%; Ebitda loss narrowsMeat and seafood retailer Licious reported a 16% revenue increase to Rs 795 crore in FY25, driven by its omnichannel strategy. The company ...
- Temasek-backed Licious sets sights on $2 billion IPO in IndiaLicious, backed by Temasek Holdings Pte, aims to become profitable by 2026 as it gears up for a potential IPO valuing over $2 billion. The ...
- Licious narrows FY24 net loss by 44%, revenue down 8% to Rs 685 croreBengaluru-based Licious attributed the revenue drop to the closure of distribution channels, especially Dunzo, along with a reduction in ex...
- Licious acquires My Chicken and More to boost offline presenceThe acquisition will bolster its omnichannel presence and tap into new users, boosting Licious' online business. With My Chicken and More's...
- Licious turning omnichannel with five stores in Bengaluru by JuneLicious founders plan 500 stores in 5 years with 6% operating profit margin. Targeting profitability by FY25, focusing on offline strategy....
- Licious lays off 80 employees as part of 'operational reset'The impacted employees are being offered two months’ salaries as compensation, along with the variable payment for FY24, it added in a stat...
- Licious sees losses narrow 38%, revenues advance 9.5%Licious’s total expenses for FY23 stood at Rs 1,309.3 crore, up from the Rs 1,191.5 crore it had spent the previous year. Cost of materials...
- Licious expects Rs 1,500 cr revenue in 12 months, IPO not before 2025-26: Co-founder Vivek GuptaThe company, which serves 28 Indian cities, including Bangalore, Hyderabad, Delhi-NCR, Chandigarh, Mumbai, Pune, Chennai and Kolkata, throu...
- Licious enters plant-based meat business with new brand UncraveCofounder Abhay Hanjura said that Licious will offer Uncrave to its core meat-consuming customers as an alternative for occassions when the...
- Licious appoints Prashant Verma as chief revenue officerIn his previous stint, Verma led marketing and growth at Grofers, where he drove e-commerce adoption and the brand’s 20x growth over four y...
- Meat startup Licious turns unicorn after $52-million fundingThe round values the company post-money at $1.05 billion, making it the latest entrant to the coveted unicorn club, or those startups with ...
- Licious raises $192 million led by Temasek, MultiplesThe capital raising makes Licious one of the biggest in the category with a valuation of around $650-700 million
- Licious launches first employee stock plan for over 800 staffThe Licious ESOP is aimed at wealth creation for all employees and recognises them for their hard work and commitment, the company says. Th...
- Licious brings on board redBus founding member Bhaskar Konduru as CTOKonduru comes with a deep understanding of the Indian startup space, given his decade-long work at redBus as a founding member, followed by...
- Licious raises $25 million in fresh funding roundThe latest capital infusion comes about three months after the company raised an identical amount in a round led by Bertelsmann and Vertex ...
- Bertelsmann India, Vertex Ventures & others lead $25 million investment round in meat brand LiciousThe funds will be used to expand to new cities, fostering the value-added product category, and strengthening the supply chain.
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