Rebel Foods, India’s pioneering cloud kitchen platform, reported a strong improvement in its fiscal year financials, with its revenue rising nearly 19% and losses falling over 40%. The growth indeed suggests how well Rebel Foods has strategized to successfully navigate the competitive foodtech landscape.
Food sold was the mainstay of the company, which contributed a huge portion to its total revenue stream. With the focused approach towards efficient operations and innovative product offerings, Rebel Foods has been able to increase market share and thereby drive revenue growth.
Despite increased expenses, Rebel Foods maintained a decent financial balance. Cost control and optimization of operations have become very critical for improvement in the bottom line of the company.
