foodpanda records revenue of 62.16 Cr in FY 2016-17 [64% jump]

foodpanda has reported its latest revenue figures for FY 16-17.

Jumping up by 64% in revenues, foodpanda earned INR 62.16 crores in FY 16-17 compared to INR 37.81 crores in FY 15-16.

foodpanda India also registered  69% dip in losses at INR 44.81 crores from INR 142.64 crores in FY15-16.

foodpanda India today fulfills ~50% of the orders through their own delivery services and uses a 100% automation in the backend.

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