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Licious eyes IPO in 24 months, 500 stores in five years

The fresh meat and seafood delivery startup Licious plans to set up 500 stores nationwide within the next five years as part of an omnichannel strategy. The aim is to attract new users in the offline channel and encourage them to transact online as well. The move would also help the company in its efforts to achieve profitability and go for an initial public offering (IPO) in the next 24 months, according to the sources.

Licious hits $100 million in annual revenue run rate

For its next phase of growth, Licious will focus on the ready-to-eat category and open more offline stores. It plans to open 40 stores by the end of the current fiscal.

Shiprocket closes $185 million funding led by Zomato, Temasek and Lightrock : Tech News

Shiprocket closes $185 million funding led by Zomato, Temasek and Lightrock Shiprocket, a logistics aggregator, has raised $185 million (Rs 1,380 crore) in a Series E funding round co-led by , Singapore's sovereign wealth fund Temasek and Lightrock India, a senior company executive told ET. The company did not share the expected valuation after the

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