Zetwerk reports operating loss of ₹42 cr in FY22, revenue up 6 times

Business-to-business (B2B) unicorn startup Zetwerk reported an annual operating loss of ₹42 crore in FY22 as against a loss of ₹43 crore in the previous year. This was led by a rise in non-cash employee stock option plan expenses. The 2018-founded startup's operating revenue grew six times to ₹4,961 crore in FY22 as against ₹835 crore in the previous year.