Grofers lost â¹20 for every â¹1 made in revenue in 2016-17
Gurugram-based grocery delivery startup Grofers lost â¹20 for every â¹1 made in revenue in the financial year 2016-17, according to filings. The company's revenue stood at â¹13.2 crore while the losses were reported to be â¹268.3 crore for the same period. Also, total expenditure for 2016-17 was â¹302.2 crore, up from â¹239 crore registered in 2015-16.