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Licious Says FY24 Loss Down 44% YoY To INR 294 Cr

  • 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.

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