Licious

Licious closes FY26 with a revenue of Rs 1,166 crore, net loss remains flat

The Bengaluru-based firm is now targeting Rs 1,800 crore in revenue for FY27, driven by repeat consumption and expansion across micro markets in key cities.

Temasek-backed meat seller Licious seeks $2 billion IPO valuation

Delightful Gourmet Pvt., which operates Licious, is opening more brick-and-mortar stores, speeding up deliveries to take on quick commerce rivals

Licious reports 8% drop in revenue to Rs 685 crore in FY24 amid third-party channel closures; losses cut by 44%

Licious said the company’s focus has shifted to owned channels, as a result of which revenue was dragged down from modern trade and local stores.

Licious to acquire My Chicken and More for Rs 200 crore and deepen offline play

As part of the acquisition, Licious will have an additional 22 physical stores which will give it an edge over industry peers like Zepto, Tata BigBasket and help it compete closely with legacy players like Venkys, Nandus and others.

Is Zepto’s meat brand Relish on track to become a Rs 500 crore business? What the numbers say

Relish’s monthly sales were in the Rs 12-15 crore range from April to September which translates to an annualised revenue run rate (ARR) of Rs 144-180 crore, in contrast to Zepto’s recent comments on the vertical being a Rs 500 crore business, per internal documents accessed by Moneycontrol.

Blending bricks and clicks: How Licious, GIVA, Curefoods went omnichannel

Founders of top new age brands at the Moneycontrol Startup Conclave noted that while online presence is crucial for discovery and initial engagement, the physical experience is essential for building trust and scaling in certain categories.

Licious hits $100 million in annual revenue run rate

For its next phase of growth, Licious will focus on the ready-to-eat category and open more offline stores. It plans to open 40 stores by the end of the current fiscal.

Meat bet: Zepto wants to eat Licious’ lunch, but can it taste success?

Started less than six months back, Relish is already clocking Rs 150 crore in annual recurring revenue. The brand can be a Rs 1,000-crore business in 18-24 months, according to the company.

Temasek-backed Licious lays off 80 employees as part of operational reset

The development comes months after Moneycontrol reported that the Bengaluru-based unicorn had seen its revenues stagnate while its monthly cash burn remained unchanged.

Licious ended FY23 with a flat revenue of Rs 746 crore

To be sure, most of Licious’ costs were either higher or were largely unchanged on a year-on-year (YoY) basis.

Flat revenues and cash burn unchanged: What internal documents reveal about Licious' business

While Licious’ monthly cash burn dropped in some months, it has also seen a spike in the other, remaining largely in the Rs 22-26 crore range so far in FY24.