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Announced

Completed

IIFL led a $52m Series G funding round in Licious.

Financials

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Transaction Value£39m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Acquisition

Friendly

Minority

Private Equity

Domestic

Food Products

meat

India

Single Bidder

Private

Completed

Synopsis

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IIFL Asset Management, an asset management firm, led a $52m Series G funding round in Licious, an e-commerce platform. “Vivek and Abhay have demonstrated high levels of customer-centricity and an unparalleled focus on supply chain necessary for a perishable product. Licious’ focus on product quality, freshness, and innovation has created a strong brand, making them the undisputed category leader. We are excited to partner with them in this journey of creating India’s most-loved meat and seafood brand,” Chetan Naik, IIFL AM Fund Manager.

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