Growth capital · Foodtech
Lickicious raises ₹19 crore in equity and institutional debt
Prath Ventures led the mixed financing for manufacturing, product and distribution expansion.
Lickicious raised ₹19 crore, or INR190 million, in growth capital through a mix of equity and institutional debt led by Prath Ventures.
The company will expand manufacturing, develop products and categories and widen sales channels. It is planning a 60,000-square-foot manufacturing and distribution footprint and targets ₹100 crore in annual revenue.
Use of funds
Build manufacturing and distribution capacity
Invest in product research, quality and supply chain
Expand products, formats, species and sales channels
Funding history
Growth capital · This round₹190M