The poultry business is not for the chicken-livered. Sometimes, the fears surrounding it are based on rumours, at other times, they’re real. Like in January 2015 when Taiwan culled over 1.2 lakh chickens. The island nation, gripped by bird flu, was working on a war footing to contain the outbreak. By April, the fear had spread to India, when Telangana decided to slaughter 1.45 lakh birds.
Three months later, in Bengaluru, some 600 km from Telangana, Abhay Hanjura and Vivek Gupta chose to go against the grain. They quit their jobs—Hanjura with Futurisk Insurance Broking Company and Gupta with venture capital firm Helion—to start meat venture Licious.
By March 2020, it seemed as if the chickens had come home to roost. This time, though, the fear around the fowl was driven by fake news. A WhatsApp message, which linked the spread of the coronavirus to eating chicken, was taking a toll on the fourth biggest chicken producer of the world. “For anything terrible happening across the world, the first casualty is the poor chicken,” laments Varun Sadana, chief operating officer and co-founder of Licious.
Towards the end of the month, India went under lockdown, and reports of a few food delivery riders turning corona positive in top cities started trending. Prospects of doom and gloom for the poultry industry and for Licious, which had laboured to clock ₹180 crore in revenue in fiscal 2020, looked real. Sadana feared the worst.
Esta historia es de la edición October 23, 2020 de Forbes India.
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Esta historia es de la edición October 23, 2020 de Forbes India.
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