logo
Amid Seasonal Fishing Bans, Licious Keeps Seafood Flowing with Robust Coast-to-Coast Supply Chain

Amid Seasonal Fishing Bans, Licious Keeps Seafood Flowing with Robust Coast-to-Coast Supply Chain

Hans India03-06-2025
Bengaluru: As seasonal fishing bans have come into effect on India's coasts, D2C meat and seafood brand Licious rerouted procurement from multiple active coasts to maintain seafood availability across urban markets amid supply drops and price spikes in multiple states.
The 61-day bans in place from April 15 to June 14 on the East Coast and from June 1 to July 31 on the West Coast enable marine ecosystems to regenerate in peak breeding season. This has led to supply visibly reducing with wet markets & traditional vendors. This has led to price rises of 40% to 80% in markets with consumers purchasing for household consumption across Odisha, Andhra Pradesh, Tamil Nadu, and other areas.
Licious' supply chain strategy combines daily-demand forecasting, regional rerouting, and one of India's first and most advanced 0-4 degrees centigrade cold chains, enabling continued availability when others scale down.
'Our goal isn't to bypass the system, but to work within it. We choose to source same day catch from small boats and follow all government regulations when it comes to mechanised trawling while meeting customer demand across 20+ cities. During the ban, we leverage our in-house planning and demand forecasting mechanisms for an agile supply chain. In practice, that means moving fish from Kochi to Delhi overnight or rerouting via Tuticorin when East Coast hubs are restricted,' said Abhay Hanjura and Vivek Gupta, Founders - Licious.
Licious sources from multiple landing sites across Kerala, Andhra Pradesh, Tamil Nadu, West Bengal, Karnataka, Gujarat, Maharashtra, Odisha, and Goa - reducing overfishing and ensuring availability with 150+ cuts of fish and seafood. The company moves its inventory using a combination of truck, rail, and air transport, supported by a national cold chain infrastructure maintained at 0-4°C to keep products fresh and not frozen.
Unlike the broader market, which sees product shortages in this period, Licious' graded and quality-assured range assures availability of 94 fish species. This includes favourites like Seer, Pomfret, Anchovies, Mackerals, and Pink Perch among others. Underlying the Licious supply chain is a demand model built on hyperlocal insights too; e.g., Vishu in Kerala drives demand for specific regional catches, while Bengali-dominated neighborhoods see spikes in freshwater fish consumption around Poila Boishakh.
India's fish and seafood industry remains largely unorganised, with supply chains vulnerable to seasonality, policy driven restrictions, and logistical complications. With marine fish shelf life being extremely short, forecasting errors lead to waste, and that is what the Licious network is designed to prevent. Our operations during the fishing ban also point to an alternative approach that is both compliance-first and demand-led.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

ET Soonicorns Summit 2025: Licious founders on building India's first scaled meat brand
ET Soonicorns Summit 2025: Licious founders on building India's first scaled meat brand

Time of India

time4 days ago

  • Time of India

ET Soonicorns Summit 2025: Licious founders on building India's first scaled meat brand

Academy Empower your mind, elevate your skills The ET Soonicorns Summit 2025 returns to Bengaluru on 22 August, featuring a fireside chat with the founders who have significantly shaped a category long considered difficult to organise. In a session titled 'The Mindset of Market Makers: Lessons from Building India's First Scaled Meat Brand,' disruptors Abhay Hanjura and Vivek Gupta will reveal how they built Licious, India's first direct-to-consumer (D2C) unicorn, by tackling one of the country's most fragmented and challenging generations, buying meat in India was associated with compromised hygiene, inconsistent quality, and a fundamental lack of trust. The experience was confined to local wet markets and neighbourhood butcher shops, where freshness was often subjective and formal quality assurance standards were limited. The concept of meat and seafood as a premium, branded product seemed alien to a market driven by proximity and founded in 2015 by Abhay Hanjura and Vivek Gupta, dived into this complex dynamics. The company proposition challenged convention: offering Indian consumers a trustworthy, hygienic, and convenient way to buy high-quality meat and seafood, delivered to their meat market is a colossal opportunity, valued at over USD 55 billion, but with over 90% of it remaining in the unorganised sector. According to a 2023 Economic Times report , independent ecommerce analyst and Datum Intelligence advisor Satish Meena estimated the size of India's online meat and seafood market at around ₹2,500–3,000 crore. This represented less than 1% of the country's total meat and seafood sector, which continues to be largely fragmentation created a notable gap in quality, safety, and consumer experience—one that Licious set out to address. The company's journey from a disruptive idea to a market leader offers a playbook on how to build a brand by solving deep-seated consumer problems through operational and technological commodity to brand: How do you build trust and brand loyalty for a product that has always been treated as an unbranded commodity?The cold chain moat: Was the decision to build a complex, temperature-controlled supply chain from the ground up the key to their defensibility?The science of freshness: How does technology, from predictive analytics for demand to over 150 quality checks, transform the business of fresh protein?Expanding the kitchen share: How did Licious move beyond fresh cuts to ready-to-cook and ready-to-eat categories to increase customer loyalty and order value?The omnichannel play: In a D2C-first world, what is the strategy behind expanding into physical retail stores, and how does it complement the digital experience?Abhay Hanjura and Vivek Gupta have built a company that has influenced consumer behaviour in India's meat and seafood segment. Licious's success is a testament to solving a core problem, not with superficial features, but by re-engineering the entire value the heart of Licious's defensibility is its farm-to-fork model, which includes a meticulously managed cold chain that ensures products are maintained between 0-4°C from sourcing to processing and last-mile delivery. This prioritising of quality and freshness has built immense trust with consumers, reflected in repeat purchase rates. Their journey with Licious offers crucial lessons on building a moat through operational rigor, deep-seated in technology and an unwavering focus on the founders' vision extended beyond delivering fresh meat, aiming to elevate what was once a purely transactional purchase into a more premium experience. By introducing vacuum-sealed packaging, precise cuts, and removing the odour and inconvenience associated with traditional butcher shops, Licious made buying meat a clean, modern, and reliable activity. The expansion into ready-to-cook meals, marinades, and even plant-based alternatives under the brand 'Uncrave' showcases their ability to evolve with consumer needs and capture a larger share of the Indian Indian startups navigate an increasingly competitive landscape, the ability to identify a broken consumer experience and rebuild it from the ground up will be the ultimate differentiator. Licious's journey suggests that market leadership requires more than disruption—it demands the sustained effort of building a trustworthy and dependable Hanjura and Gupta take the ET Soonicorns Summit 2025 stage, they will discuss how a sustained focus on the consumer and operational excellence can help develop and expand a market category. The company's significant reduction in losses in FY24, alongside its strategic expansion into omnichannel retail, underscores its sustainable growth model. Licious's story is a masterclass in how addressing a core consumer problem can lead to building a large-scale business ET Soonicorns Summit 2025, India's largest congregation of soonicorns, returns for its fourth edition to Bengaluru on August 22, bringing together unicorn and soonicorn founders, investors, policymakers, and AI leaders for a day of sharp dialogue, bold ambition, and hard questions. With the theme 'From Research Labs to Revenue Models: The Billion-Dollar Blueprint for Scaling Indian AI Startups,' this year's edition is poised to redefine what scale means in the Indian context.360 ONE is the Presenting Partner of the ET Soonicorns Summit 2025, with Raymond as the Wardrobe Partner and Shiv Nadar University as the Ecosystem Partner.

Panasonic launches LUMIX S1II and S1IIE full-frame mirrorless cameras in India: Price, specs and features
Panasonic launches LUMIX S1II and S1IIE full-frame mirrorless cameras in India: Price, specs and features

Mint

time6 days ago

  • Mint

Panasonic launches LUMIX S1II and S1IIE full-frame mirrorless cameras in India: Price, specs and features

Panasonic Life Solutions India has introduced the LUMIX S1II and LUMIX S1IIE, the latest additions to its full-frame mirrorless LUMIX S Series aimed at professional photographers, filmmakers, and content creators. The company says both models offer exceptional image quality, dynamic colour reproduction, and advanced video capabilities tailored for hybrid content creation. The LUMIX S1II is priced at ₹ 3,29,990, while the LUMIX S1IIE comes in at ₹ 2,69,990. Both will be available via authorised dealers and Panasonic's D2C platform. The LUMIX S1II features a newly developed 24.1MP full-frame partially stacked CMOS sensor paired with Panasonic's next-gen Venus Engine for faster processing and improved image quality. It supports 5.8K 60p, 5.1K 60p, and 4K 120p video recording, as well as up to 15 stops of dynamic range in V-Log for cinematic colour grading. Designed for high-speed action, the camera enables blackout-free burst shooting at 70fps (SH/SH PRE mode), the fastest in the LUMIX lineup. It also offers Open Gate 5.1K 60p recording, giving flexibility for reframing and vertical content. Future firmware updates will add multiple frame marker displays for multi-platform productions. The LUMIX S1IIE, inspired by the LUMIX S5II, packs a 24.2MP sensor with 6K 30p open gate recording and a cinematic 2.4:1 aspect ratio at up to 60p without cropping. It delivers over 14 stops of dynamic range in V-Log, supports blackout-free burst shooting up to 30fps electronically, and 10fps mechanically. Both cameras feature AI-powered Phase Hybrid Autofocus for precise subject tracking, including eyes, faces, and fast-moving subjects, along with 8.0-stop in-body stabilisation. They also offer blackout-free shooting, Apple ProRes RAW HQ support, and seamless integration with Capture One, and LUMIX Flow. Fumiyasu Fujimori, MD of Panasonic Marketing India, said India's creators are 'full-fledged producers of high-quality content' who need tools beyond smartphones. The new LUMIX models are positioned to serve the expanding professional and semi-professional content creation segment across weddings, fashion, documentaries, and commercial work. With high-end video formats, robust autofocus, and workflow-friendly features, the LUMIX S1II and S1IIE are Panasonic's push to cater to India's booming digital storytelling industry.

From Bhubaneswar to Bharat: How hitch Is Empowering Small-Town India Through Digital Payments
From Bhubaneswar to Bharat: How hitch Is Empowering Small-Town India Through Digital Payments

Business Standard

time02-08-2025

  • Business Standard

From Bhubaneswar to Bharat: How hitch Is Empowering Small-Town India Through Digital Payments

New Delhi [India], July 31: In the vibrant city of Bhubaneswar, a dynamic fintech revolution is reshaping how India manages financial transactions. At the forefront is hitch, a platform launched in 2022 by 19-year-old visionary K. Sambid Kumar. Operating under Kottakota Business Development Pvt Ltd, hitch is transforming the financial landscape by offering seamless, rewarding, and secure solutions across all market segments—urban, semi-urban, and rural. Starting from Tier 2 cities and now competing with well-funded players, hitch prioritizes customer trust and convenience, ensuring financial services are accessible and beneficial to all. Navigating India's Diverse Payment Landscape India's digital payment ecosystem is booming, driven by widespread smartphone adoption and initiatives like the Bharat Bill Payment System (BBPS). However, challenges like limited banking access and varying levels of financial literacy persist across markets. hitch addresses these with a user-friendly app that simplifies bill payments, FASTag recharges, and rent processing via credit cards using Instant Money Transfer (IMPS). By integrating with BBPS, hitch ensures utility bills, insurance premiums, and other payments are accessible with a tap, delivering convenience and trust to users nationwide, from bustling cities to remote towns. Rewarding Transactions with Added Benefits hitch stands out by making every transaction rewarding. 'Tired of paying bills without perks? hitch is here to change the game!' declares their website, offering guaranteed cashback on every payment and a D2C prepaid card with exclusive benefits for end users. From mobile recharges in metro cities to rent payments in smaller towns, hitch's instant cashback, referral rewards, and prepaid card benefits turn routine transactions into opportunities for savings. Till date hitch has processed over 30,000 crores, reflecting its widespread appeal across India's diverse markets. Building Customer Trust and Convenience Financial inclusion hinges on trust and ease of use, and hitch excels in both. With robust encryption and partnerships with regulated fintech giants like M2P Fintech, Bajaj Finance, and Axis Bank, hitch ensures secure transactions that inspire confidence. Its intuitive design and ease of operations make it a preferred choice, offering services at lower costs compared to other players pan-India. A Bhubaneswar resident shares, 'hitch has revolutionized how I manage my finances! From rent to maintenance, it's seamless and trustworthy.' Another user, a busy professional, adds, 'I can bank confidently anytime, anywhere, with unmatched convenience.' An All-in-One Solution for Every Indian hitch's streamlined platform is a game-changer, consolidating bill payments, FASTag recharges, and rent processing into a clean, user-friendly interface. This simplicity is crucial across markets, where digital literacy varies. Whether it's a shopkeeper in Sambalpur or a professional in Gurugram, users can manage payments effortlessly without navigating complex banking portals. The app's instant rent processing via credit card, powered by IMPS, eliminates delays, offering unmatched convenience for tenants and landlords alike. The D2C prepaid card further enhances user benefits, making financial management rewarding and accessible. Amplifying Impact Through Community Engagement hitch's referral program drives growth by leveraging community trust, a key factor across urban and rural markets. By incentivizing users to invite friends, hitch creates a ripple effect, bringing more people into the digital payment ecosystem. A user in Rourkela or Delhi might refer hitch to a neighbor or colleague, earning rewards when they pay their electricity bill or recharge their prepaid card. This peer-to-peer model accelerates financial inclusion and fosters community empowerment, making digital payments a shared, rewarding journey. A Visionary Leader Competing with Giants Founded by K. Sambid Kumar, hitch embodies the ambition of a new India. Starting in Tier 2 cities, it now competes with heavily funded players, proving that innovation can thrive anywhere. The company's mission—'to empower users by providing innovative, secure data validation and financial services'—resonates across all markets. As one user notes, 'Earlier, I had to wait hours for funds to transfer. With hitch, it's a matter of seconds. A must-have on the phone!' The platform's ease of operations and cost-effective services set it apart in the competitive fintech landscape. Powering an Inclusive Digital Future As India aims for a Rs. 5 lakh crore economy, platforms like hitch are vital for inclusive growth. By offering secure, rewarding, and convenient financial services, including the innovative D2C prepaid card, hitch empowers millions across urban, semi-urban, and rural India to participate confidently in the digital economy. From Bhubaneswar to every corner of Bharat, hitch is proving that the future of finance is universal, accessible, and built on trust.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store