
Licious
Founded Year
2015Stage
Series F - III | AliveTotal Raised
$488MLast Raised
$150M | 3 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-14 points in the past 30 days
About Licious
Licious is a consumer food company that specializes in the delivery of fresh meat and seafood products. The company offers a range of natural and healthy meat products, including chicken, mutton, and seafood, which are handpicked and maintained at specific temperatures to ensure freshness from procurement to delivery. Licious primarily serves the direct-to-consumer market with a focus on quality, hygiene, and convenience. It was founded in 2015 and is based in Bengaluru, India.
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Licious's Product Videos


Licious's Products & Differentiators
fresh meat
fresh meat
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Expert Collections containing Licious
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Licious is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,270 items
Food & Beverage
2,802 items
Startups in the food & beverage space, including alternative proteins, vertically-farmed produce, functional beverages and more.
Food & Meal Delivery
1,596 items
Startups and tech companies offering online grocery, food, beverage, and meal delivery services.
Latest Licious News
Mar 16, 2025
Gaurav Laghate 4 min read17 Mar 2025, 05:00 AM IST Harsh Pamnani, senior director & marketing head at T-Hub Summary Branding is crucial for startup success, says Harsh Pamnani of T-Hub. He highlights branding errors like poor storytelling and premature expansion. Effective marketing strategies include focusing on local markets, building trust, and leveraging digital platforms to connect with consumers, he says Gift this article Subscribe to enjoy similar stories. Subscribe now Branding is often an afterthought for startups, yet it can define their long-term success. Harsh Pamnani, author of From Unknown to Unforgettable and senior director & marketing head at T-Hub, has spent years studying how Indian startups carve out unique identities in competitive markets. In this conversation with Mint, he shares insights on branding mistakes, cost-effective marketing strategies, and AI’s growing role in startup marketing. Edited excerpts. What are the most common branding mistakes startups make? Many founders struggle to articulate why they started their business. Like those on Shark Tank, the most compelling startup pitches start with a strong narrative—why and how the company was founded and the problem it solves. This emotional connection is key for both investors and customers. Another mistake is expanding too soon. Startups should focus on product-market fit before diversifying. Epigamia, for example, started with Greek yogurt before expanding into other dairy products. Copying established brands is another misstep. Lenskart differentiated itself through an enhanced online shopping experience and a home trial service, making it stand out from traditional retailers. How should early-stage startups market with limited budgets? Narrowing focus is crucial. Licious initially concentrated on Bengaluru’s Whitefield area, running hyper-local tasting events to generate strong word-of-mouth. Providing an exceptional product and experience encourages organic referrals—Ola grew by incentivising existing users to refer new customers rather than relying on deep discounts. Balancing brand-building with sales-driven campaigns is also key. FirstCry engages parents through content and community-building while running targeted promotions to drive sales. Sampling, when done strategically, is another effective tactic—Epigamia placed its yogurt at health-focused events, ensuring the right audience engagement. Strong unit economics should guide pricing. A loyal customer base willing to pay a fair price helps reduce acquisition costs. Startups that rely too much on discounts weaken profitability, while those that build brand trust can command premium pricing. Is storytelling still the most effective way for startups to build their brand identity? Yes. Startups lack the recognition established brands enjoy, so storytelling helps them build trust and differentiation. Ritesh Agarwal often spoke about his struggles to find budget-friendly accommodations, which led him to start OYO. The founder’s journey can be a powerful brand-building tool. Still, compelling stories don’t always have to be personal—they can also be philosophical or cultural as long as they resonate. What marketing strategies work best for startups in India? Emphasising value and affordability is key in India’s price-sensitive market. BoAt built a strong brand by offering quality, stylish, and durable products at competitive prices. Purpose-driven branding also works. Consumers today prefer brands that align with social and environmental causes. Mamaearth built credibility by launching toxin-free baby care products and promoting sustainability through tree-planting and recycling initiatives. Understanding India’s diverse consumer base is another success factor. Stage OTT targeted dialect-based audiences, carving out a loyal user base in an otherwise crowded streaming market. What major marketing trends are shaping Indian startups today? Digital-first marketing is dominating. Startups like BoAt and Mamaearth leverage Instagram and influencer collaborations to connect with younger, digitally-savvy audiences. Purpose-driven marketing is also growing. Millennials and Gen Z consumers expect brands to align with social causes. Zerodha’s Rainmatter initiative supports climate-focused startups, positioning the brand as socially responsible. Personalisation is another rising trend. Swiggy uses AI to recommend meals based on past orders, enhancing customer experience and engagement. What are the biggest customer acquisition challenges for startups? Brand awareness is a major hurdle, and creative distribution strategies can help. Paper Boat, for instance, lacked the retail presence of competitors like Tropicana, so it used Indigo Airlines as a key distribution channel. High customer acquisition costs (CAC) also pose challenges. Razorpay built credibility early by being part of Y Combinator and MasterCard’s Start Path programme, which helped it gain trust with banks and businesses. How much does investor funding shape a startup’s marketing strategy? Funding allows startups to invest in advertising, influencer partnerships, and customer acquisition. However, branding often shifts to appeal to investors, emphasizing market size, differentiation, and revenue potential. The challenge is to balance this without losing authenticity—investors see through exaggerated claims, and a weak foundation can hurt credibility. What are the three key marketing lessons for startup founders? Price wars are unwinnable—there will always be someone cheaper. Instead, focus on creating brand desirability. A brand isn’t built in isolation. Strong associations with trusted partners, investors, and media add credibility. Advertising can bring customers once, but repeat purchases come from a great product experience. How are AI and automation changing startup marketing? AI is transforming marketing by automating customer interactions through chatbots and virtual assistants. It’s also streamlining content creation, optimizing ad targeting, and enhancing customer insights. Predictive analytics lets brands anticipate demand patterns and customer behaviour, improving campaign effectiveness. AI-driven automation tools help startups execute email marketing, social media scheduling, and sentiment analysis at scale. How do startups navigate corporate partnerships while maintaining their brand identity? Corporate collaborations offer access to larger markets and established credibility. Startups must ensure their messaging remains distinct while aligning with the corporate brand’s audience. Joint marketing efforts should integrate seamlessly but allow the startup’s unique identity to shine. Which marketing channels should Indian startups focus on in 2025? Go where your customers are. As consumer behaviour shifts, marketing must follow. Instead of competing on overcrowded platforms, brands should explore niche channels—Paper Boat’s Indigo Airlines partnership and FirstCry’s focus on maternity hospitals are prime examples. Are there any underrated marketing tactics that startups should explore? Trust-building is essential. Instead of trying to sell high-priced products immediately, start with a low-cost entry product that customers can try risk-free. Once trust is established, it becomes easier to introduce premium offerings over time. Gift this article
Licious Frequently Asked Questions (FAQ)
When was Licious founded?
Licious was founded in 2015.
Where is Licious's headquarters?
Licious's headquarters is located at House of Licious, Zed Pearl, No 12, Bengaluru.
What is Licious's latest funding round?
Licious's latest funding round is Series F - III.
How much did Licious raise?
Licious raised a total of $488M.
Who are the investors of Licious?
Investors of Licious include Kotak Private Equity, Amansa Capital, Axis Asset Management, Haresh Chawla, Nithin Kamath and 23 more.
Who are Licious's competitors?
Competitors of Licious include Meatigo, Captain Fresh, Bonsaro, Jumbotail, Zappfresh and 7 more.
What products does Licious offer?
Licious's products include fresh meat.
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Compare Licious to Competitors

Zappfresh provides various meat products, maintaining a cool chain system from procurement to delivery. Zappfresh primarily serves the consumer food market with a focus on traditional wet markets and frozen meat options. It was founded in 2015 and is based in Gurugram, India.

Freshtohome focuses on delivering fresh meat and seafood without the use of chemicals. It offers a variety of products, including antibiotic-free chicken, fresh seafood, and Halal-certified mutton. Its service caters to the convenience of home delivery, providing a range of ready-to-cook items, marinated meats, and meal combos. Freshtohome was formerly known as SeaToHome. It was founded in 2015 and is based in Bengaluru, India.

BigBasket is an online supermarket that focuses on grocery delivery services. The company offers a wide range of products, including fresh produce, dairy, meat, household essentials, and branded food items, catering to the daily needs of customers. BigBasket serves a broad consumer base with services such as scheduled slotted deliveries and an expedited delivery option called bbnow for immediate needs. It was founded in 2011 and is based in Bangalore, India. BigBasket operates as a subsidiary of Tata Group.

Satvacart is a company that provides online grocery shopping services with home delivery. It offers a range of supermarket products including fresh fruits, vegetables, dairy, bakery items, spices, staples, personal care, and home care supplies. Satvacart serves customers looking for options in their grocery shopping. It was founded in 2014 and is based in Gurgaon, India.

Zepto operates as an e-commerce platform that provides grocery delivery services. The company offers products including fresh fruits and vegetables, cooking essentials, dairy, health-and-hygiene products, and more, delivered to customers' homes. Zepto serves the online grocery shopping segment, focusing on customer needs from food to personal care and electronics. Zepto was formerly known as KiranaKart. It was founded in 2021 and is based in East Mumbai, India.
Captain Fresh provides seafood marketplace and supply chain within the food industry. The company leverages data and analytics to provide a platform for e-auctions, community connect, advanced digital factory management, custom solutions, and a multi-channel demand generation engine. Captain Fresh's main offerings include optimizing fishing ventures, providing a marketplace for seafood, and equipping stakeholders with valuable insights and technology solutions to enhance efficiency and productivity across the seafood value chain. Captain Fresh was formerly known as Infifresh Foods. It was founded in 2019 and is based in Bengaluru, India.
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