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Meat startup Licious eyes IPO in 24 months, 500 stores in 5 years
Licious, India’s fresh meat and seafood delivery startup, is embarking on an ambitious omnichannel strategy. It aims to establish 500 stores nationwide within the next five years. This move is driven by the company’s goal to attract new customers through its offline presence and subsequently encourage them to engage in online transactions as well.
According to sources, this expansion initiative is a pivotal step towards achieving profitability and positioning Licious for an initial public offering (IPO) within the next 24 months. Backed by Temasek, a prominent investor, Licious has secured funding of approximately $100 million to fuel this nationwide expansion. The company is targeting a pre-IPO funding round around 2026.
Read the original article here: https://www.business-standard.com/companies/start-ups/meat-startup-licious-eyes-ipo-in-24-months-500-stores-in-5-years-124050100902_1.html
First-ever Seychelles Coral Festival draws attention to importance of protection
The Seychelles Parks and Garden Authority (SPGA) recently organised the first-ever Seychelles Coral Festival, educating the public about coral reefs and highlighting ongoing conservation projects to protect these vital marine ecosystems. According to Shazelle Julie, SPGA’s assistant park officer, the festival was a joint initiative with Absa Bank Seychelles. The bank is set to adopt the Port Launay Marine Park, emphasizing the importance of preserving coral reefs.
Read the original article here: https://www.msn.com/en-xl/africa/other/first-ever-seychelles-coral-festival-draws-attention-to-importance-of-protection/ar-AA1nRcQY
New Global Youth Development Index Report reveals improved state of young people
The 2023 Global Youth Development Index Report, a collaboration between the Commonwealth Secretariat and the Institute for Economics and Peace, has been unveiled. Celebrating the 75th anniversary of the modern Commonwealth, this report assesses youth well-being and empowerment across 183 countries. Key highlights for the Commonwealth nations include Singapore leading globally in youth development, with Malta, Cyprus, New Zealand, and Brunei following closely. Notable advancements within the Commonwealth are underscored in this report. It offers valuable insights to shape policies that empower youth across member states.
Read the original article here: https://thecommonwealth.org/news/new-global-youth-development-index-report-reveals-improved-state-young-people
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