Foodtech Unicorn Rebel Foods’ Loss Surges 55% To INR 564 Cr In FY22, Revenue Jumps To INR 857 Cr

Quick Summary:

A rise in employee benefit expenses is a clear indication that the startup has increased its employee headcount.

In FY22, the startup saw its expenses climb by 85.7% to INR 1,428.9 Cr in FY22 from INR 769.3 Cr in FY21.

Employee benefit expense grew to INR 301.5 Cr in FY22, a 54.5% jump from INR 195 Cr in FY21.

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Article Details

Author / Journalist: Debarghya Sil

Category: Startups

Markets: IndiaQatar

Topics: B2C Exclusive News Others

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-23 @ 14:18:56 (2 months ago)

News Timezone: GMT +5:00

Ranking: #597 (out of 3166 stories this day)

News Source URL: inc42.com

Language: English

Article Length: 543 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © Inc42

News ID: 1888869

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