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.

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

Delightful Gourmet Pvt, the parent company of Licious, is expanding its physical store network and improving delivery times to compete with quick-commerce rivals.

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

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,