Limeroad, online retail platform reports 79 % jump since last financial year

A.M. Marketplaces Private Limited, (known as Limeroad) an online retail platform, reported its revenues for the financial year 2017-18 as INR 160 Cr, a 79 % jump since the last financial year.

According to financial data accessed by a business intelligence platform, Tofler the company further reported a net loss of INR 59 cr during the same fiscal. This is a 36 % decrease from the last financial year. The company's total expenses for the fiscal were reported as INR 220 Cr.