Meat and fish brand Licious has gathered up another round following a hole of year and a half, raising $65 million from Multiples Alternate Asset Management, Brunei Investment Agency, Vertex Ventures and a couple of others.

The leading body of Licious has passed an extraordinary goal to apportion 100 value shares and 8,879 Series F inclination shares at an issue cost of Rs 5,22,719.05 per offer to raise Rs 469.34 crore or $65 million, administrative filings show.

Products Alternate Asset Management has contributed $32 million followed by Brunei Investment Agency and Vertex Ventures which put in $15 million and $10 million separately. Bertelsmann Netherland, 3one4 Capital and heavenly messengers including Akshay Ghulati and Narshing Dass Makkar have contributed the excess sum.

The administrative filings additionally show an optional exchange of offers from Mayfield India Ltd. also, Mayur Mukundbhai Desai to Multiples Private Equity Fund.

This takes the all out subsidizing in Licious to $160 million to date which incorporates $30 million in its Series E round drove by Singapore-based Vertex Growth Fund in December of 2019.

It’s significant that Licious was supposedly in converses with numerous investment firms to raise a new round at around $800 million valuation.

As indicated by Fintrackr’s evaluations, Licious has been esteemed at almost Rs 4,375 crore or $600 million during the Series F round. Post assignment, prime supporters Abhay Hanjura and Vivek Gupta’s aggregate shareholding has been weakened from 23.8% to 21.2%.

New financial backers Multiples Private Equity Fund and Brunei Investment Agency have obtained 10.55% and 2.51% stake separately. Existing financial backers Vertex and Bertelsmann control 11.31% and 8.1% stake individually while 3one4 Capital holds 8.97% stake.

Bengaluru-based Licious works in 16 urban communities, including Bengaluru, NCR, Mumbai, Hyderabad and Chandigarh. The six-year-old organization has fabricated a ranch to-fork model including taking care of the whole back-end store network. Early last year, it had likewise forayed into the prepared to-eat section.

FreshToHome, additionally Bengaluru-based, has arisen as the greatest contender to Licious. The organization had gathered up $121 million in its Series C round in October 2020. Zapfresh, BBDaily, MeatRoot and Easymeat likewise contend with Licious in this space.