- Armed With Over 300K Customers, Here’s How Licious Is Gobbling Up The Indian Gourmet Meat Market “If you don’t eat yer meat, you can’t have any pudding. How can you have any pudding if you don’t eat yer meat?,” Pink Floyd famously sang in ‘Another Brick in the Wall’ Part II (1979). Since the dawn of time, there has been much exhilaration surrounding the consumption of meat. No wonder, India is […]
- VC Firm 3one4 Capital Announces Second Fund With An Initial Corpus Of $39 Mn Early stage VC firm 3one4 Capital has announced the launch of its Fund II with an initial corpus of $39 Mn (INR 250 Cr). The fund had an initial target corpus of $23.5 Mn (INR 150 Cr) that was fully subscribed within a quarter of the fundraise, which was initiated in 2017. Now with an […]
- After Sistema Asia Fund, Russian Conglomerate Eyes Setting Up Indian Subsidiary To Engage With Startups Russian conglomerate, Sistema JSFC is looking to increase its engagement with the Indian startup ecosystem. The company is reportedly in the process of establishing an Indian subsidiary to facilitate, long-term engagement with Indian startups after launching the Asia Fund last year. As per a person in the know, the Indian subsidiary will offer hands-on business […]
- Funding Galore: Startup Fundings Of The Week [27 March – 1 April] This week 18 startups raised about $84 Mn in funding altogether and 3 acquisitions took place. Startup Fundings Of The Week BigBasket: Bengaluru-based online grocer BigBasket raised about $6.9 Mn (INR 45 Cr) venture debt from Trifecta Capital. The funds will be used to meet the CapEx requirements of the company, including setting up new […]
- Fresh Meat Delivery Platform Licious Gobbles $10 Mn From Mayfield India, Others Bengaluru-based gourmet meat delivery, Licious, has secured $10 Mn in a Series B round led by Mayfield India, 3one4 Capital, Sistema Asia Fund, and Neoplux Technology Fund. With this investment, Sistema Asia, a Russia-based venture fund will make their first consumer investment in India along with South Korea’s, Neoplux Technology Fund. The raised funds will help […]
- Meat Delivery Platform Licious Raises $3 Mn Series A From Mayfield Bangalore-based Delightful Gourmet Pvt Ltd, which runs Licious, an online meat delivery service, has raised $3 Mn Series A investment from Mayfield India Management. The funds will be utilised for further expansion of the services to other cities including Delhi-NCR over the next six months. Also, there are plans to team up with experienced chefs from […]