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Licious draws funding interest at post-money valuation of $800 million
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Synopsis
Private equity investors Multiples PE, Premji Invest and Goldman Sachs are looking to invest a combined $150-200 million in Licious at a post-money valuation of $800 million.
ETtech
Founded in 2015 by Vivek Gupta and Abhay Hanjura, Licious has entered the ready-to-eat market after establishing a presence in the fresh meat and seafood segments. (Illustration: Rahul Awasthi/ETtech)
Mumbai: Private equity investors Multiples Alternate Asset Management, Premji Invest and Goldman Sachs are looking to together invest $150-200 million (Rs 1,125-1,500 crore) in meat and seafood brand Licious, people close to the development said.