Online fresh meat and seafood provider Licious has raised USD 25 million (EUR 22 million) in funding in order to continue its rapid growth.
Bengaluru, India-based Licious, which has more than 300,000 customers across the country, also raised USD 25 million in September, according to Fortune India.
The new Series-D funding will help Licious expand to Mumbai and Pune, boost its product portfolio, and strengthen its supply chain, the company said in a statement. The supplier already services Delhi-NCR (National Capital Region), Bengaluru, and Hyderabad.
Seafood offerings on the site include a variety of prawns, Atlantic salmon steaks, barracuda steaks, butterfish, mackerel, and mackerel.
The funding was led by Japanese conglomerate Nichirei and existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, UCLA, and Sistema Asia Fund.
Licious operates its own cold chain to maintain the quality and freshness of products from the time of procurement, processing, and storage to the time it reaches the end customer, Fortune India reported.
