Licious raises $30mn from Vertex Growth Fund. HungerBox raises $12mn from Paytm and others.
Deal of the Day: Online fresh meat brand Licious has raised $30mn in Series E funding round led by Singapore-based Vertex Growth Fund. Existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, and Sistema Asia Fund also participated in the round.
The proceeds from the funding round will be used to expand presence in a greater number of Indian cities, augmenting capabilities in existing markets, strengthening omni-channel presence, and powering new product launches, especially in the ready-to-eat category. Yourstory
Funding for Food: Food tech startup HungerBox has raised $12mn in latest funding round led by Paytm and NPTK.
The Series C funding round also saw participation from existing investors Sabre Partners and Neoplux.
HungerBox offers management services to companies and institutions to improve and run their in-house cafeterias and canteens. HungerBox also enables its clients to connect with food partners through an app and get real-time updates of their order. VCCircle
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