India, Jan. 30 -- Storia Foods and Beverages saw its operating revenue jump 51.30% to INR 169.42 Cr in the financial year ended March 2024 from INR 112.01 Cr in the previous fiscal year.

Despite this, the F&B startup's net loss rose 19.50% to INR 32.84 Cr in FY24 from INR 27.47 Cr in the previous fiscal year due to higher cash burn.

Founded by Vishal Shah in 2016, Storia offers a variety of beverages, including juices, shakes, coconut water, and more. The startup, which claims to offer juices with zero added sugar, sells its products on various marketplaces like Amazon, Zepto, among others, as well as offline stores.

In 2021, it raised $6 Mn in its Series A funding round from Sixth Sense Ventures. Back then, it said it would use the ca...