Delightful Gourmet Private Limited (Licious)
Consumer Retail · D2C FMCG (Meat & Seafood)
Awaiting a verified source quote. No third-party quote is on record for this company yet, so there is no indicative price to show — and we would rather leave it blank than print a number we cannot stand behind. Our team can confirm the current dealable level directly.
Indicative private-market reference — not an exchange quote. Not investment advice.
- Implied valuation
- Not available
- Revenue growth
- Not disclosed
- EBITDA margin
- Not disclosed
- Prospera Score
- Not yet scored
What the market says, and what we know.
Two separate things, deliberately shown side by side: a sourced private-market price reference, and the depth of research that actually stands behind this company today.
No third-party quote has been sourced for this company yet, so there is no market reference to show. Ask us to check the current level and we will come back with what the market is actually doing.
- Research Universe — availableCatalogued as a strategically relevant private-market company.
- Basic Research — availableBusiness and ownership facts verified against primary sources — 2 sourced records on file.
- Deep Research — not availableNot started. No financials, no implied valuation and no Prospera Score exist for this company.
- Prospera Recommendation — not availableNo Prospera view has been published. Presence in the universe is not a recommendation.
Indicative Private-Market Price History
Real, dated third-party observations only — plotted where they exist, never interpolated, extended or carried forward. This is a record of private-market sightings, not a live exchange chart.
Price history not available. No dated third-party quotes have been sourced for this company yet.
The business, in plain English.
Assembled only from records that exist for this company. Anything not disclosed says so.
- Founded
- 2015
- Headquarters
- Bengaluru, Karnataka
- Sector
- Consumer Retail · D2C FMCG (Meat & Seafood)
- Promoters
- Abhay Hanjura, Vivek Gupta
What it does
Licious is India's largest direct-to-consumer fresh meat and seafood brand, selling chicken, mutton, fish and ready-to-cook products through its own app, website and retail outlets on a farm-to-fork cold-chain model. It was founded in Bengaluru in 2015 by Abhay Hanjura and Vivek Gupta and is backed by Temasek among other investors. FY25 revenue rose about 13% to Rs. 844.6 crore. The company had targeted a 2026 IPO at a valuation above $2 billion but has since deferred those plans to 2027-28 to prioritise profitability.
Source: Inc42Why it matters
Competes with other D2C meat brands such as Freshtohome and Zappfresh, and increasingly with quick-commerce platforms entering the fresh-meat category.
Source: Not attributedOwnership structure
Founder-led with Temasek as a lead institutional investor; last valued near $1.5 billion
Promoters & principal holders: Abhay Hanjura, Vivek Gupta
Private-market context
Unlisted; IPO deferred from 2026 to 2027-28
What to understand before investing
- Unlisted shares can be difficult to sell. There may be no continuous market and no guaranteed buyer at the price you see.
- Any price shown here is an indicative private-market reference, not an exchange quote and not an executable price.
- An expected IPO may be delayed, repriced or never happen at all.
- A good company can still be a poor investment at the wrong valuation.
Research is not yet complete for this company.
We would rather say that plainly than publish a page that looks finished.
No financials, no implied valuation and no peer comparison have been researched for this company yet.
No Prospera Private Market Score and no Prospera view exist. Being in our universe is not a recommendation, and we will not manufacture one to fill this space.
What you can rely on above is what has actually been verified: the company's identity and business facts, any sourced price observations on record, and any risks that have been documented. If you want us to prioritise deeper work here, ask — that is genuinely how the queue gets set.
What could go wrong.
Documented, per-company risks — grouped by the categories the research itself recorded. There is no risk score here, because we do not compute one.
IPO
1 recorded riskThe company has already pushed back its IPO timeline once, from an initial 2026 target to 2027-28, as founders prioritise reaching sustainable profitability before listing.
Source: Ground News / TechStoryWhat's happened, and why it matters.
Dated, sourced events only — recorded as they were reported, in reverse order of significance to a private-market holder.
- IPO Development18 Feb 2025
Licious targets $2 billion IPO in 2026
Signaled the company's original public-listing ambitions before the timeline was pushed back.
Source: Business Standard
Everything traceable.
Every figure on this page comes from one of the records below. Where a source published a link, it is here.
| Field | Source | As of |
|---|---|---|
| Competitive Position | Not attributed | Not disclosed |
| Business Description | Inc42 | Not disclosed |
Interested in Delightful Gourmet Private Limited (Licious)?
Every option below opens a conversation with a person at Prospera. Nothing here places, reserves or executes an order.
We will come back with the current dealable level, the available lot size and what the process actually involves. Indicative prices shown on this page are private-market references, not executable quotes.