Funding · Commerce & Consumer Brands
Lickicious raises ₹19 crore to scale annual revenue
By Startup Enthusiast ·
- Date
- Company
- Lickicious
- What it does
- Digital-first pet food brand
- Kind
- Funding
- Amount
- ₹19 crore
- Stage
- growth
- Based in
- Mumbai
- Founded
- 2024
What they do
Lickicious is a digital-first pet food and nutrition brand that offers food, treats, and supplements for dogs and cats in India
What happened
The company has secured ₹19 crore in growth capital through equity and institutional debt in a round led by Prath Ventures
Why it matters
The fresh capital will be used to build a 60,000 sq. ft. manufacturing facility and expand categories to target ₹100 crore in annual revenue
The details
- Pet food and nutrition brand Lickicious has raised ₹19 crore in growth capital through a mix of equity and institutional debt.
- The funding round was led by institutional investor Prath Ventures.
- Early backers of the company include the founders of Atomberg and several senior industry chief executive officers.
- The startup is developing a 60,000 sq. ft. manufacturing and distribution footprint to increase production capacity and control product quality.
- Lickicious plans to deploy the capital across capacity, capability, and category expansion as it moves toward an omnichannel model.
- The company has set a target to reach ₹100 crore in annual revenue over the next few years as part of its goal to become a top pet food brand in India.
The bigger picture
- India's pet food market is shifting from a distribution-led model to a product- and trust-led market.
- The company aims to build better products, stronger manufacturing, and a larger brand presence to capture growing demand from Indian pet parents.
About the business
- Lickicious operates as a digital-first pet nutrition brand offering dry food, fresh food, treats, and supplements for dogs and cats.
- Key product lines include everyday dry dog food, puppy food, nutritional treats, and wellness syrups for skin, coat, liver, and joints.
- The company sells its products directly through its online platform and via major e-commerce and quick-commerce partners such as Amazon, Flipkart, Zepto, and Supertail.
- It emphasizes transparent nutrition, real animal protein as the primary ingredient, and palatability in its formulations.
What happens next
- Develop a 60,000 sq. ft. manufacturing and distribution facility.
- Expand product portfolio across formats, species, and sales channels.
The deal
- Type
- funding
Investors
- Prath Ventures (lead) — Institutional venture capital firm that led the funding round.
Founders
- Shashwat Sahai, Co-founder
- Chandan Jha, Co-founder
About Lickicious
- Product
- Pet food and nutrition products for dogs and cats
- Customers
- Pet owners seeking quality nutrition for dogs and cats
- How it makes money
- Direct-to-consumer digital-first model with manufacturing and distribution capabilities
- What sets it apart
- In-house manufacturing control with quality assurance and omnichannel expansion
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