New Delhi, Dec. 12 -- Bengaluru: Curefoods, which houses brands such as Eatfit, Frozen Bottle and Cake Zone, has projected Rs.900 crore in revenue for the current financial year - which would be a nearly 50% increase from last year - and said it is only a quarter away from breaking even on Ebitda as it prepares to go public in the next 12 to 18 months.
In FY24, Curefoods reported revenue of Rs.635.09 crore, up from Rs.411.5 crore a year earlier. Its losses narrowed to Rs.172.6 crore from a loss of Rs.342.7 crore in FY23.
"As we are a very asset-heavy business with five to six mega central kitchens and about 500 offline locations, we have been solely focused on improving profitability, opening more stores and maximising our utilisation o...
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