Sources: 
India's startup ecosystem is witnessing unprecedented growth in 2025, with Licious emerging as a key player in the online meat and seafood delivery sector.
Licious recently achieved a
$1.5 billion valuation after a fresh funding round, marking its entry into unicorn status. The company is now targeting a
$2 billion IPO, aiming to standardize the fragmented meat retail market in India and provide quick, affordable delivery solutions to millions of consumers.
This milestone reflects the broader surge in India's startup scene, which includes notable unicorns like Zepto, valued at $5 billion for its rapid 10-minute delivery model, and Physics Wallah, an edtech giant now worth $3.7 billion.
Licious's growth underscores the increasing investor confidence in niche sectors within India’s booming startup landscape. By focusing on quality and convenience, Licious is transforming traditional meat retail, a sector historically fragmented and underserved.
"Licious is eyeing an IPO with a target of achieving $2 billion in valuation, while standardizing India’s fragmented meat retail space and offering a quick and affordable solution to millions," the company stated.
As India continues to foster innovation across industries, startups like Licious are setting new benchmarks, contributing to a dynamic ecosystem that is reshaping business and consumer experiences nationwide.
Other startups such as Netradyne, specializing in AI-powered fleet safety, and Zepto, leading quick commerce, highlight the diversity and strength of India’s startup surge in 2025.
This momentum signals a promising future for Indian startups, with Licious poised to capitalize on its strong market position and investor backing to make a significant impact through its upcoming IPO.
Sources: 
Licious, the online meat and seafood delivery startup, has reached a $1.5 billion valuation following a fresh funding round. The company aims for a $2 billion IPO, seeking to standardize India’s fragmented meat retail market amid the country’s booming startup ecosystem in 2025.