Gurugram-based Wingreens Farms has shifted focus to offline channels to improve unit economics. Its FY23 expenses grew faster than revenue, primarily due to higher cost of goods sold and marketing costs. Wingreens Farms is in the process of raising $10 million at a valuation of $205 million. The company aims to consolidate acquisitions and achieve profitability on the Ebitda level.
Gurugram-based Wingreens Farms has shifted focus to offline channels to improve unit economics. Its FY23 expenses grew faster than revenue, primarily due to higher cost of goods sold and marketing costs. Wingreens Farms is in the process of raising $10 million at a valuation of $205 million. The company aims to consolidate acquisitions and achieve profitability on the Ebitda level.