Wednesday, November 6, 2024

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Curefoods records fourfold increase in operating revenue, reaching INR 382 Crore in FY23, but faces widening losses

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Cloud kitchen startup Curefoods reported a fourfold increase in operating revenue, reaching INR 382 crore for the fiscal year ending on March 31, 2023. However, the loss widened nearly five times to INR 342 crore.The company,...

Curefoods sets sights on EBITDA profitability within two quarters, plans aggressive expansion and revenue surge

News
Cloud kitchen operator Curefoods is set to achieve EBITDA-level profitability in the next two quarters, according to Ankit Nagori, the Founder and CEO of the company.“We aim to get to INR 1,000-crore revenue run rate in...

Flipkart Co-Founder Binny Bansal may invest $25-30 million more in Ankit Nagori’s Curefoods

News
Flipkart Co-Founder Binny Bansal is reportedly contemplating an investment of $25-30 million into Curefoods, a startup led by his former colleague Ankit Nagori. Curefoods...

Curefoods expands portfolio with strategic investment in Millet Express, strengthening presence in cloud kitchen industry

News
Curefoods, a startup specializing in cloud kitchens, has recently announced a strategic investment in Millet Express, a millet-focused startup based in Hyderabad.Established in 2020,...

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