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In FY24, the company posted a revenue of Rs 1485.4 crore, up from Rs 1,258.7 crore in FY23.
Its losses reduced from Rs 656.5 crore in FY23 to Rs 378.2 crore in FY24.Rebel Foods operates brands including Faasos, Behrouz Biryani, Oven Story Pizza, Lunchbox, The Good Bowl, Sweet Truth, Wendy’s, and more in more than 70 cities in India and is expanding into international markets such as the UAE and the UK.The deal represents KKR’s latest investment through its Asia Next Generation Technology strategy, which targets high-growth companies in consumer technology, software, and fintech across the Asia Pacific region.Micromax and Phison have formed a joint venture, MiPhi, to produce storage chips in India.
learn AI in stock market 2024 ✌️【Portfolio】✌️₹500 is your gateway to financial freedom. Invest smart, earn big!The majority-owned company aims to reduce GPU costs by one-tenth and provide custom-designed NAND storage for AI, enterprise, and automotive industries.
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