Indian online meat and seafood retailer Licious is looking to debut on the bourses in the next 12-18 months and is targeting a valuation of $2 billion, a source familiar with the matter told Reuters on Tuesday.

Temasek Holdings-backed online meat and seafood retailer Licious is planning to go public in 2026. It is targeting a valuation of over $2 billion for its listing. The company is currently working on strategies to become profitable ahead of its IPO.

Online meat and seafood seller Licious is reportedly seeking to become profitable as it prepares to list in 2026

For this, Licious is opening more brick-and-mortar stores and speeding up deliveries to try taking on quick commerce rivals.

Licious, backed by Temasek Holdings, is preparing for a 2026 IPO, aiming for profitability before listing. The meat and seafood startup plans to expand offline stores and speed up deliveries. | One of India's leading Digital News Agency offering Breaking News round the clock.

Licious, a Temasek Holdings Pte-backed online seller of meat and seafood in India, is seeking to become profitable as it prepares to list in 2026, adding to a slew of consumer-facing firms eyeing the country’s public markets.

Licious, backed by Temasek Holdings Pte, aims to become profitable by 2026 as it gears up for a potential IPO valuing over $2 billion. The firm is expanding into brick-and-mortar stores, enhancing delivery speed,