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Licious opens its first-ever ESOP buyback option worth Rs 30 crore

The programme is designed to enable wealth creation opportunities for over 600 employees

Licious, Licious founders, Abhay Hanjura, Vivek Gupta
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Abhay Hanjura and Vivek Gupta, co-founders of Licious

Peerzada Abrar Bengaluru
Licious, India’s largest tech-first full-stacked D2C (direct to consumer) fresh meat and seafood brand has opened its maiden Employee Stock Ownership Plan (ESOP) monetization option for its employees. For the first time ever, Licious said the blue-collared workforce along with other eligible employees, will be able to monetise their ESOPs.

The buyback option worth Rs 30 crore is said to benefit close to 600 employees, providing meaningful and real-time wealth creation opportunities.

Abhay Hanjura and Vivek Gupta, co-founders of Licious said over the last 6 years, Licious has been responsible for resurrecting the animal protein category and creating one of