Slice posts 200% jump in FY23 operating revenue, losses go up 60%

Among its major cost items, Slice reported a massive jump in employee costs as the startup expanded its strength significantly in the last fiscal. Its employee costs for FY23 shot up to Rs 287 crore from around Rs 99 crore. Its overall expenses went up to Rs 1,272 crore from Rs 542 crore a year earlier.