Abhay Hanjura, a young entrepreneur from a middle-class background, defied societal expectations to establish one of the most successful gourmet meat brands in India – “Licious.”
What started as a modest business with a turnover of Rs 3 crore in 2015-16 has grown exponentially, with the brand recording an impressive turnover of Rs 1000 crore in 2020-21.
As the company set its sights on touching Rs 2000 crore in 2022-23, Abhay’s success story inspires many aspiring entrepreneurs.
Despite facing criticism for entering the meat industry, Abhay and his co-founder, Vivek, remained steadfast in their vision of providing quality, safe and hygienic meat to meat lovers. Abhay says, “We never considered meat an inferior business or anything like that.”
Abhay Hanjura Biography
- Abhay Hanjura, the co-founder of “Licious,” was born in Jammu. He is a Kashmiri Pandit who moved to Bengaluru to pursue his graduation in Biotechnology. With a passion for entrepreneurship and an appetite for success, he completed a business management course and built a successful career in the insurance risk management and BFSI domain.
- Despite having a comfortable life and a promising career, Abhay always had an entrepreneurial itch. As an ardent meat lover, he saw a gap in the market for high-quality, hygienic meat that catered to the discerning tastes of consumers like himself. While at Futurisk Insurance Broking in Chennai, he met Vivek Gupta, who shared his passion for entrepreneurship and was eager to join him in this venture.
- Together, Abhay and Vivek quit their high-paying corporate jobs to start Licious, a gourmet meat brand that has seen unprecedented success. Their company has gone from strength to strength, with an annual turnover of Rs 3 crore in 2015-16 to a staggering Rs 1000 crore in 2020-21. They aim to touch a massive Rs 2000 crore in the upcoming year.
- For Abhay, the driving force behind Licious has always been to provide quality, safe, and hygienic meat to meat lovers like himself. He and Vivek have defied convention and proven that success can be achieved through hard work, dedication, and a steadfast vision. After the latest round of funding, Licious has attained the status of a unicorn and is valued at more than USD 1 billion.
- Abhay’s entrepreneurial journey has been challenging. Abhay had to navigate familial expectations and societal norms to pursue his dreams in a society where some businesses are considered ‘less suitable’ for young men like himself and Vivek. He recalls how his parents were startled when he shared his idea of starting a meat business, as Kashmiri Pandits generally do not pursue entrepreneurship. However, he remained steadfast in his vision and has proven that success can be achieved through hard work and a willingness to take risks.
- Abhay Hanjura inspires aspiring entrepreneurs who wish to discover a niche in unconventional industries. His story shows that one can achieve success beyond their wildest dreams with passion, dedication, and a steadfast vision.
| Name | Abhay Hanjura |
| D.O.B | Updating Soon |
| Birth Place | Kashmir, India |
| Age | 36 to 38 years old |
| Height | Update Soon |
| Education | BSC in Biotechnology and Genetics, BBM ( HR Marketing & Finance) |
| Father | Updating Soon |
| Mother | Updating Soon |
Abhay Hanjura Family
Abhay’s family background and upbringing have significantly shaped his life and entrepreneurial journey. His parents, who were also Kashmiri Pandits from Jammu, played a pivotal role in his life and supported his dreams and aspirations.
However, we need more information about Abhay’s parents and family. We understand the importance of this information and are working on updating it on our website as soon as possible.
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Abhay Hanjura Education
Abhay’s education has played a crucial role in his success as an entrepreneur. He started his primary schooling at Army School Ratnuchak and later attended Mahaveer Jain School in Jammu for his high school education. He went to Shree Bhagwan Mahaveer Jain College in Jammu.
After completing his schooling, Abhay moved to Bengaluru to pursue his graduation in biotechnology with a specialization in genetics in 2004. He then pursued a business management course to enhance his skills and knowledge further.
Abhay’s strong educational background and experience in the insurance risk management and BFSI domain enabled him to build a successful career before venturing into entrepreneurship with Licious, a gourmet meat brand.
Today, Licious has become one of the fastest-growing companies in the food industry, with a valuation of over USD 1 billion. Abhay’s journey is a testament to the power of education and hard work in achieving one’s goals and dreams.
Abhay Hanjura Net Worth
Abhay Hanjura, the co-founder of Licious, has seen immense success since the launch of his gourmet meat brand in 2015. Licious has become one of the fastest-growing companies in the food industry, with a reported revenue of Rs 646.5 crore in FY21. This exponential growth has contributed to Abhay Hanjura’s net worth, which is estimated to be millions of dollars.
In FY21, Abhay Hanjura received a remuneration of ₹1.3 crores as co-founder and CEO of Licious. Abhay Hanjura’s net worth will likely rise as the company grows and expands its operations.
However, Abhay’s success goes beyond just his net worth. He has created a brand beloved by meat lovers across India, generating employment opportunities for thousands. The impact of his entrepreneurial spirit and success is felt not just by him but also by those around him.
Abhay Hanjura Age
Abhay Hanjura’s date of birth is not publicly available, but based on our research, he is estimated to be between 36 to 38 years old.
While we can only confirm his exact age with further information, it is clear that Abhay Hanjura has achieved incredible success at a relatively young age.
Abhay Hanjura Qualification
1.Qualification:
Abhay Hanjura is a successful entrepreneur and founder of Licious, a famous gourmet meat brand in India. He has a diverse educational background, completing a BSc in Biotechnology and a BBA in HR Marketing & Finance.
Abhay Hanjura’s educational background in biotechnology has undoubtedly provided him with valuable insights into the food industry, particularly regarding food safety and hygiene. His knowledge in this area has allowed him to build a brand known for its exceptional quality and high standards.
His business management education has also equipped him with the skills to launch and grow a successful business. His scientific knowledge and business acumen have been critical to Licious’s success.
2.Work Experience:
Abhay Hanjura has a rich and diverse work experience spanning over a decade. He started his career as a Campus Ambassador at Infosys BPO in 2006 and worked there until 2007. He then joined Google as a Trainee and worked there until 2008, gaining valuable experience in the tech industry.
He quickly rose the ranks to become the Business Head and Practice Head for Liability & Casualty. After that, he moved on to work as a Management Trainee at Bajaj Allianz and gained expertise in the insurance industry. He then joined India Insure Risk Management Services as Deputy Manager and Assistant Manager.
In 2015, Abhay and his partner Vivek Gupta founded Licious, a pioneering e-commerce platform for meat, fish, and other food products. As a co-founder and CEO of Licious, Abhay has played a critical role in building and scaling the company, becoming a leading player in the Indian food industry.
Over the years, Abhay has taken on various leadership roles at Licious, including Senior Vice President and Head of Business Intelligence. Under his leadership, Licious has expanded its product portfolio, increased its customer base, and become one of the fastest-growing startups in India.
Abhay Hanjura Twitter
As evidenced by his Twitter bio, Abhay is a curious entrepreneur driven to solve complex, unsolved problems and passionate about building India’s most loved consumer brand.
Through his unwavering dedication and pursuit of his passions, Abhay has achieved incredible success in his career, including founding and growing Licious into a unicorn valued at over $1 billion.
Licious Net Worth
Licious, the Indian meat and seafood e-commerce platform founded by Abhay Hanjura and Vivek Gupta in 2015, has experienced phenomenal growth. The company has raised over $200 million in funding from investors, including Temasek Holdings, 8VC, and Vertex Ventures. Licious has also expanded its product offerings, including ready-to-eat meals, spreads, and marinades.
According to a report by Venture Intelligence, Licious had a net worth of approximately $800 million as of February 2021. In 2021 Licious attained the status of a unicorn and were valued at more than USD 1 billion. From the latest sources, Licious is valued at $2+ billion approximately as of March 2022.