Licious confirms $30 Mn Funding from Vertex Growth Fund

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Licious is a company providing meat and seafood with its headquarters in Bengaluru, Karnataka with founders Vivek Gupta and Abhay Hanjura making a corporate style trade, currently having a turnover of Rs.15 crore in just two years of operations. Recently, Licious has confirmed $30 Million in funding from vertex growth.

 

Licious claims to improve the meat and seafood market

The company claims that it will enhance the Indian meat and seafood market for more profit and consumer trust. Improving quality is a strategy to have maximum benefit in a future year and more business internationally. 

 

How the company plans to use the $30 million funding

With this round of funding, the company plans to expand its operations all over the country. The existing cities include Delhi, Pune, Mumbai, Chennai, and Hyderabad. 

The company also claims that this round of funding will help them in the launch of various new products and adding more ready to eat products to their list. The company claims that they will have the benefits of expanding the business with a raise in the capital and will be able to provide good quality products to the customers to maintain their goodwill. 

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Nupur Baluja is a content writer with a mass communication and journalism degree in speciation of AD and PR. Other interest in photography and PR, a Netflix watcher and a novel reader

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