Licious founders push IPO to 2027-28, call unicorn tag ‘a digression’

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Abhay Hanjura and Vivek Gupta, cofounders of meat and seafood home-delivery platform Licious, said they are in no rush to go public, setting a tentative IPO timeline of 2027-28.

“We are in the business for the long run. The IPO is not the end for us,” Hanjura said in a fireside chat with ETtech editor Samidha Sharma at the ET Soonicorns Summit 2025 on Friday.

Gupta added the company expects to achieve profitability in six to eight months and is growing at 40% year-on-year.

In FY24, losses narrowed 44% to Rs 294 crore, though revenue slipped 8% to Rs…



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Licious founders push IPO to 2027-28, call unicorn tag ‘a digression’



Abhay Hanjura and Vivek Gupta, cofounders of meat and seafood home-delivery platform Licious, said they are in no rush to go public, setting a tentative IPO timeline of 2027-28.

“We are in the business for the long run. The IPO is not the end for us,” Hanjura said in a fireside chat with ETtech editor Samidha Sharma at the ET Soonicorns Summit 2025 on Friday.

Gupta added the company expects to achieve profitability in six to eight months and is growing at 40% year-on-year.

In FY24, losses narrowed 44% to Rs 294 crore, though revenue slipped 8% to Rs…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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