Bengaluru-based online meat brand Licious raises $10 mn in fresh funding

Firm currently processes 50,000 orders a month in Bengaluru alone, with a base of 30,000 users

Bengaluru-based online meat brand Licious has raised $10 million in fresh funding led by Mayfield India as it looks to expand its service outside of its home market starting with Hyderabad and Delhi-NCR.

The round also saw participation from Mohandas Pai's 3one4 Capital, Sistema Asia Fund and Neoplux Technology Fund. Licious will use the capital to grow its technology apart from enabling the company to setup meat processing facilities and supply chain at all its new locations.

"The money we've raised now will primarily go into expansion in new cities and building better technology in the back end which includes state of