Operating income growth of 21% and cost reductions supported the loss reduction.
Revenue fell, and net loss fell 42% to $42.3 million.
Curefoods operates more than 200 cloud kitchens and offline stores in 15 cities in India.
The used car marketplace also announced strategic investment from Woori Venture Partners.
Despite this, IndiQube's operating income grew 44% in fiscal 2024, reaching $101.8 million.
The decrease intensified as a result of semiconductor-related supplies consisting of TSMC.
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