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Rajaram, S&R, Indus assist in $25m investment in meat start-up Licious with Veritas

Delightful Gourmet, which operates Licious, a food brand in the meat and seafood category, has raised $25m of Series C funding from German media conglomerate’s investment arm Bertelsmann India Investments and Vertex Ventures Southeast Asia and India, along with UCLA and existing investors Mayfield India, 3one4 Capital, Sistema Asia Fund and InnoVen Capital, according to reports.

S&R Associates represented Bertelsmann India Investments, led by partner Rachael Israel.

Update 30 October 2018: Rajaram Legal advised Licious led by partner Priyadarshani Sherchan.

Update 22 May 2019: IndusLaw advised Vertex Ventures.

Veritas Legal advised the existing investors, Mayfield India II Ltd, Sistema Asia Fund Pte Ltd, 3One4 Capital Trust, Neoplux Technology Valuation Investment Fund and Dr Mayur Mukundbhai Desai led by a team of partner Nandish Vyas, senior associate Somrita Chatterji, associate Tanay Chopra.

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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