IPO-bound Indian online grocer Grofers net loss widens in FY20

IPO-bound Indian online grocer Grofers net loss widens in FY20

Grofers. Photo: Ramesh Pathania/Mint

Online grocer Grofers’ net loss swelled 42% to 637.4 crore in 2019-20 from 448 crore the previous year, even as its revenue more than doubled to 176.7 crore. In 2018-19, Grofers had reported revenue of 83.6 crore.

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