The startup makes almost 10 Mn monthly deliveries to more than 5 Lakh subscribers spread across 15 cities in India
Even though Country Delight’s revenue from operations rose 1.6X YoY to INR 542.6 Cr in FY22, its net loss jumped 6.5X YoY to INR 186.4 Cr during the period under review due to a sharp rise in expenses
According to Gade, the core mission of the startup is to provide superior-quality products to customers, cultivate customer loyalty, and add value to people’s lives
At a time when an increasing number of Indian startups are trying to be in the black, the cofounder of Country Delight, Chakradhar Gade, has said that the dairytech startup is also not far from reaching the profitability milestone.
“We are currently an almost $200 Mn revenue company, and the business is growing at 5-7% month-on-month. We are on the clear path to profitability in the next 8-10 months,” Gade said while speaking at the fourth edition of Inc42’s D2C summit.