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Bakingo raises Rs 100 crore (approx. $10.5 million) in its Series B round led by Faering Capital, aimed at general business growth and expansion.

PRIVATEAug 10, 2026•about 3 hours ago

Amount Raised

₹1 Billion

Round Type

Series B

Gurugram

Investors

Faering Capital

Description

Online bakery startup Bakingo has successfully raised Rs 100 crore in its Series B funding round. This investment comes from existing investor Faering Capital, who previously invested in 2023. The funds will be used for general business requirements and expansion. Following this round, Faering Capital's stake increases to 26.31% in Bakingo.

Company Information

Company

Bakingo

Location

Gurugram, Haryana, India

About

Our Work Delightful cakes are our love, and baking them is our work. We bring fresh, trendy, and decadent cakes and flavours to satiate every sweet tooth and deliver them on time. Our Aspirations The one who aspires can chase the dream and make it a reality. We aspire to become synonymous with cakes and desserts. When you think of cakes, Bakingo comes to your mind. We dream to rule the cake industry of India with our top-notch cakes and with your support, this will be a reality soon. Our Belief Meeting customers expectations with something refreshing always and delivering smiles in less than 1 hour is what we believe in. Our Delivery Centres We started our journey with one centre in Gurgaon, and today, with your love and support, we have 28 centres across India. You can find our delivery centres in Faridabad, Gurgaon, Bangalore, Hyderabad, Delhi and Noida.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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