Rivigo Reports Revenue of Rs 600 Crore in FY22, Losses Decrease by 44%

  • Rivigo’s B2B express business was taken over by Mahindra in a distress sale in September 2020.
  • Rivigo was struggling due to the impacts of the COVID-19 pandemic and its failed transition to an asset-light model.
  • Losses decreased by 44% compared to the previous year.
  • Rivigo’s woes were also noticeable from the erosion of over …


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