# Licious funding: rounds and investors

> Licious has raised $90M across 4 rounds since 2017. Investors include 3one4 Capital, Bertelsmann India Investments and Sistema Asia Capital.

Source: https://millionrounds.com/company/licious (Millionrounds; every figure on the page links to its filing or article)

India · [Series E startup](https://millionrounds.com/companies)

# Who invested in *Licious*

4 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Foodtech Internet

Valuation: $1.0B, Mar 2026

Funding summary Updated 26 Oct 2026

**$90M** raised across 4 rounds since 2017, from 4 sources

**$10M** Series B **$25M** Round **$25M** Series D **$30M** Series E

- **Latest round:** Series E, $30M Dec 2019
- **Step-up i:** 1.2×
- **Investors:** 10 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019

**$10M** Series B

**$25M** Round

**$25M** Series D

**$30M** Series E

- **First round:** Series B, $10M
- **Biggest round:** $30M
- **Usual gap between rounds:** 12 months

## The rounds

- **Dec 2019** Series E **$30M** *1 new* *3 returning* [3one4 Capital](https://millionrounds.com/fund/3one4-capital) [Bertelsmann India Investments](https://millionrounds.com/fund/bertelsmann-india-investments) [Vertex Growth Fund](https://millionrounds.com/fund/vertex-growth-fund) [Sistema Asia Capital](https://millionrounds.com/fund/sistema-asia-capital) Reported by TechCrunch
- **Dec 2018** Series D **$25M** *2 new* *2 returning* [Vertex](https://millionrounds.com/fund/vertex) [Bertelsmann India Investments](https://millionrounds.com/fund/bertelsmann-india-investments) [Sistema Asia Capital](https://millionrounds.com/fund/sistema-asia-capital) Nichirei Corporation/ 3one4 Reported by VCCircle
- **Sept 2018** Round **$25M** *5 new* *1 returning* [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) [3one4 Capital](https://millionrounds.com/fund/3one4-capital) [Bertelsmann India Investments](https://millionrounds.com/fund/bertelsmann-india-investments) [Innoven](https://millionrounds.com/fund/innoven) [Sistema Asia Capital](https://millionrounds.com/fund/sistema-asia-capital) UCLA/ Mayfield India Reported by YourStory
- **Mar 2017** Series B **$10M** *2 new* [3one4 Capital](https://millionrounds.com/fund/3one4-capital) Lead [Mayfield India](https://millionrounds.com/fund/mayfield-india) Reported by Livemint

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2017 **Round** 2018 **Series D** 2018 **Series E** 2019 [3one4 Capital](https://millionrounds.com/fund/3one4-capital) L [Bertelsmann India Investments](https://millionrounds.com/fund/bertelsmann-india-investments) [Sistema Asia Capital](https://millionrounds.com/fund/sistema-asia-capital) [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) [Vertex](https://millionrounds.com/fund/vertex) [Innoven](https://millionrounds.com/fund/innoven) [Vertex Growth Fund](https://millionrounds.com/fund/vertex-growth-fund) [Mayfield India](https://millionrounds.com/fund/mayfield-india) Nichirei Corporation/ 3one4 UCLA/ Mayfield India

## Everyone who backed them

[3one4 Capital](https://millionrounds.com/fund/3one4-capital) VC firm **3** rounds, led 1

[Bertelsmann India Investments](https://millionrounds.com/fund/bertelsmann-india-investments) Corporate VC **3** rounds

[Sistema Asia Capital](https://millionrounds.com/fund/sistema-asia-capital) VC firm **3** rounds

[Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) VC firm **1** round

[Vertex](https://millionrounds.com/fund/vertex) Hedge fund **1** round

[Innoven](https://millionrounds.com/fund/innoven) Company **1** round

[Vertex Growth Fund](https://millionrounds.com/fund/vertex-growth-fund) VC firm **1** round

[Mayfield India](https://millionrounds.com/fund/mayfield-india) VC firm **1** round

Nichirei Corporation/ 3one4 no record of our own yet **1** round

UCLA/ Mayfield India no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=licious).

## Also claim to have backed them

This firm lists Licious as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Desai Ventures](https://millionrounds.com/fund/desai-ventures) Family office Per its own site

## Quick answers about Licious

### Who invested in Licious?

Licious's investors include 3one4 Capital, Bertelsmann India Investments, Sistema Asia Capital, Vertex Ventures China and Vertex, and 5 more on record.

### How much has Licious raised?

Licious has raised $90M across 4 rounds since 2017.

### When did Licious last raise?

Licious's most recent round was a Series E of $30M in Dec 2019.

### What was Licious's biggest round?

Its most recent round, $30M in Dec 2019, is also its largest on record.

### Who backed Licious first?

Licious's first round on record, in Mar 2017, was backed by 3one4 Capital and Mayfield India.

### What stage is Licious at?

Licious's latest named round is a Series E, in Dec 2019.

### Where is Licious based?

Licious is based in India.

### Who led Licious's rounds?

3one4 Capital led the Series B in 2017.

## Companies like Licious

In the same sector, and raised in the last eighteen months.

[**FirstClub** $78M · Jun 2026](https://millionrounds.com/company/firstclub)[**Thimblerr** $2.8M · Jan 2026](https://millionrounds.com/company/thimblerr)[**Servify** $20M · Jan 2026](https://millionrounds.com/company/servify)[**Square Yards** $73M · Nov 2025](https://millionrounds.com/company/square-yards)[**Rebel Foods** $175M · Sept 2025](https://millionrounds.com/company/rebel-foods)[**Acko** $77M · Jul 2025](https://millionrounds.com/company/acko)

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