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

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.

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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