Licius’ Series G Investment Round

IndusLaw advised Licious) and its Promoters on the deal, while Trilegal advised Avendus Funds, IIFL was represented by JMP Law, Multiples was represented by Cyril Amarchand Mangaldas, and Temasek was represented by J. Sagar Associates.

Delightful Gourmet Private Limited (Licious) raised $52 million in a new financing round and become the first direct-to-consumer startup to attain the unicorn status in the world’s second-largest internet market.

Licious is a Bangalore-based startup that sells fresh meat and seafood online.

The IndusLaw team was led by Senior Partner Kartik Ganapathy (Picture), Partner Anindya Ghosh, as well as Principal Associate Ashwin Krishnan Associates Jaidrath Zaveri and Mahima Gherani.

Avendus Funds were represented by Trilegal team, with Gautam Singh, Mitali Halbe, Nandita Bhakta.

JMP Law advised IIFL with a team led by Vishnu Jerome, Sameer Sibal, Rishabh Amber Gupta, Akshay Dixit, Gayathri Kamath, Banashree Hazarika.

Multiples was represented by Cyril Amarchand Mangaldas with a team led by Ravindra Bhandkavi, Aditi Manchanda, Megha Diddi.

The J. Sagar Associates team advising Temasek included Vikram Raghani, Apurva Jayant, Nikhil Variyar.

Avendus Capital Pvt Ltd team advised Investment Banker with Varun Gupta, Simranjit Kaur, Avantika Tikmany, Akshat Kabra.

Involved fees earner: Ravindra Bhandkavi – Cyril Amarchand Mangaldas; Aditi Manchanda – Cyril Amarchand Mangaldas; Megha Diddi – IndusLaw; Kartik Ganapathy – IndusLaw; Mahima Gherani – IndusLaw; Anindya Ghosh – IndusLaw; Ashwin Krishnan – IndusLaw; Jaidrath Zaveri – IndusLaw; Apurva Jayant – J. Sagar Associates (JSA); Vikram Raghani – J. Sagar Associates (JSA); Nikhil Variyar – J. Sagar Associates (JSA); Akshay Dixit – Jerome Merchant and Partners; Rishabh Gupta – Jerome Merchant and Partners; Banashree Hazarika – Jerome Merchant and Partners; Vishnu Jerome – Jerome Merchant and Partners; Gayathri Kamath – Jerome Merchant and Partners; Sameer Sibal – Jerome Merchant and Partners; Nandita Bhakta – Trilegal; Mitali Halbe – Trilegal; Gautam Singh – Trilegal;

Law Firms: Cyril Amarchand Mangaldas; IndusLaw; J. Sagar Associates (JSA); Jerome Merchant and Partners; Trilegal;

Clients: Avendus Funds; Delightful Gourmet Private Limited; IIFL Securities Ltd; Multiples Private Equity Fund; Temasek;