Argus, SAM lead on Kotak Pre-IPO Opportunities Fund ₹220 crore investment in Licious

Kotak Pre-IPO Opportunities Fund has invested approximately ₹220 crore in Licious (Delightful Gourmet Private Limited).

It has also invested in varied businesses on the verge of an IPO, including Pharmeasy (API Holdings Limited), Dailyhunt (Ver Se Innovation Private Limited), MPL (M-League Pte Limited); and Swiggy (Bundl Technologies Private Limited).

Argus Partners advised the Kotak Pre-IPO Opportunities Fund on the investment in Licious.

The team consisted of Vinod Joseph (Partner), Protiti Basu (Associate) and Anurag Shankar Prasad (Associate).

Shardul Amarchand Mangaldas & Co represented Licious. The team was led by Partner Rishi Jain.

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