Cloud kitchen startup Curefoods reports fourfold jump in FY23 revenue, loss widens

Cloud kitchen startup Curefoods reported a more than fourfold increase in operating revenue to Rs 382 crore for the financial year ended March 31, 2023, even as loss widened nearly five times to Rs 342 crore.

The firm, which runs popular brands like EatFit, CakeZone, Nomad Pizza, Sharief Bhai Biryani and Frozen Bottle, had posted a loss of Rs 72 crore on revenue of Rs 89 crore in FY22, according to company filings sourced through business intelligence platform Tofler.