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TEMASEK INVESTMENT IN LICIOUS
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...
Eggoz raises $20 million funding led by Gaja CapitalEggoz, an egg brand, secured $20 million in funding led by Gaja Capital, with participation from existing investors. The company plans to u...
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 ...
Temasek’s Vertex Ventures to lead $50-60 million funding in SpotDraftFounded in 2017 and headquartered in Bengaluru, SpotDraft offers an AI-powered contract automation platform that assists businesses in draf...
RBI scanner on gold loan startups; setback for P2P lending firmsHappy Wednesday! After the central bank's action on IIFL Finance, concerns have been raised over gold loan evaluation by fintechs and their...
Vertex Ventures makes final close of Fund V at $541 millionThe firm, backed by Temasek, said the latest fund is 80% larger than Fund IV, which it closed at $305 million in 2019.
Singapore's Temasek may slow India play to ride out stormTemasek, which deployed over $1 billion in the country last year and counts new-age businesses, said returns for the latest fiscal year are...
ETtech Deals Digest: Licious, Multiplier, Ekincare raise fundsDirect-to-consumer fresh meat and sea food brand Licious, business-to-business (B2B) enterprise employment platform Multiplier, and Health ...
Licious raises $150 million in funding led by Singapore based Amansa CapitalThe company will use the funding to fuel its inorganic growth ambitions, expand globally and add more Tier II and Tier III cities in India ...
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 ...
InnoVen Capital raises Rs 740 crore towards first close of new fundThe anchor investor for the Rs 1,000-crore fund is Innoven Capital Pte Ltd, a joint venture of Seviora (Temasek) and United Overseas Bank. ...
Which way is Singapore investment giant Temasek headed in India?“We are getting more comfortable with deployment of capital here. We have a positive bias towards India, and consider it as a favorable inv...
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
ETtech Deals Digest: Veg, Non-VegIn this week’s ETtech Deals Digest: Online meat vendor Licious raises $19 million in a Series F round; Green grocer Fraazo receives $15 mil...
PlaySimple makes it rainFrom PlaySimple's acquisition to Licious's new fundraise and Robinhood's IPO, here's a quick look at the top tech news today.
Licious closes $30 million funding round led by Vertex Growth FundThe announcement comes a week after ET, citing sources, had reported that the four-year-old company, founded by Abhay Hanjura and Vivek Gup...
Licious in advanced stages to close $25-30 million funding roundThe latest round, which is expected to close over the next few days, will value the firm at $250-300 million, a significant uptick from the...
Vertex Ventures makes first close of Southeast Asia and India-focused Fund-IV at $230 millionThe Temasek-backed SE Asia and India-focused fund is targeting a hard cap of $280 million for its latest fund.
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.