Bengaluru-based meat delivery startup Licious reported a 44% decrease in loss to INR 293.77 Cr in FY24.
The startup's revenue dropped 8.4% to INR 685.05 Cr in FY24 compared to the previous fiscal year.
Licious attributed the decline in revenue to the closure of sales from platforms Dunzo and Swiggy Meatstore.
The company aims to achieve EBITDA breakeven or profitability in the current financial year through offline expansion and a shift to a full-stack D2C model.