India, Feb. 13 -- D2C brand Yu Foods' operating revenue surged 103.9% to INR 15.7 Cr in the financial year 2023-24 (FY24) from INR 7.7 Cr in the previous fiscal year.

However, net loss rose 80.5% to INR 11.2 Cr from INR 6.2 Cr in FY23.

Founded in 2021 by Bharat Bhalla and Varun Kapur, Yu Foods offers breakfast, lunch and dinner meal bowls. It offers more than 25 instant food products, including noodles, pastas, desserts and halwa, among others. The startup initially launched instant cup noodles and pastas in its founding year and later forayed into ready-to-cook noodles, pastas, and beverages.

Besides its own website, the startup sells its products via ecommerce and quick commerce channels. Its products are also available in 7,500 reta...