Licious not planning IPO before 2025-26: Co-founder Vivek Gupta

Online meat delivery unicorn Licious' Co-founder Vivek Gupta said that the company is not planning an initial public offering (IPO) before 2025-26 despite expecting its revenue to cross the ₹1,500 crore mark in 12 months. "We need to be EBITDA profitable and I will not take this company public before we start generating cash profit," Gupta added.