Bertelsmann India Investments co-led the online meat and fish merchant's series C round, which included fellow CVC Sistema Asia.

Licious, the India-based operator of a meat and fish e-commerce platform, has received $25m in a round co-led by Bertelsmann India Investments, part of media group Bertelsmann, the Economic Times has reported.

The round was co-led by Singaporean government-backed Vertex Ventures and UCLA and included diversified conglomerate Sistema’s Asia Fund, Mayfield India, 3one4 Capital and InnoVen Capital.

Founded in 2015, Licious runs an online platform that sells fresh meat, fish, eggs, pickles and spreads, delivering them to a customer’s home.

Robert Lavine

Robert Lavine is special features editor for Global Venturing.