Temasek and Multiples PE led a $192m Series F funding round in Licious.

Temasek and Multiples Private Equity, two investment firms, led a $192m Series F funding round in Licious, a Bengaluru-based meat and seafood brand. The round had participation from investors Brunei Investment Agency, 3one4 Capital, Bertelsmann India Investments, Vertex Growth Fund and Vertex Ventures. “Abhay and Vivek have revolutionized the purchase of poultry, seafood and meat in the country, delighting customers with their promise of quality, freshness and timely delivery. Their obsession with customers and quality gives them an eternal edge to create Licious as a category leader and as one of India’s most admired consumer brands. We are proud to be a partner in this journey," Sridhar Sankararaman, Multiples Private Equity Managing Director.