Licious hits $1.5 billion valuation, eyes $2 billion IPO in India’s booming startup scene

Licious, a leading online meat delivery startup, has surged to a $1.5 billion valuation in 2025 following fresh funding, positioning itself for a $2 billion IPO. This milestone highlights the rapid growth and investor confidence in India’s evolving quick commerce and food tech sectors.

Sources:
Trade Brains
Updated 1h ago
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Sources: Trade Brains
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: Trade Brains
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.
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The Headline

India's 2025 Unicorns Surge with Licious IPO Plans

2025 has been a breakout year for India’s startup scene, with billion-dollar disruptors shaping the future of business.
Industry Analyst
Indian Startup Ecosystem
Trade Brains
Key Facts
  • Netradyne became 2025's first Indian startup unicorn with a $1.34 billion valuation, driven by its AI-powered telematics for fleet safety used globally.Trade Brains
  • Zepto, launched in 2021, aggressively scaled to a $5 billion valuation with its 10-minute delivery model and tech-first logistics approach.Trade Brains
  • Physics Wallah transformed from a YouTube channel in 2016 to an edtech powerhouse, raising $210 million in 2025 and boosting its valuation from $2.8 billion to $3.7 billion in just 6 months.Trade Brains
  • Licious reached a $1.5 billion valuation in 2025 after fresh funding and is targeting a $2 billion IPO, aiming to standardize India’s fragmented meat retail space.Trade Brains
Background Context

Physics Wallah's Growth from YouTube to Edtech Giant

Key Facts
  • Physics Wallah began as a YouTube channel in 2016 and launched its app in 2020, marking its evolution into a major edtech player.Trade Brains
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