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FA Gifts raises Rs 100 crore from Faering Capital Funds for expansion plans. The investment includes 7,436 Series B shares to support the growth of FlowerAura and Bakingo.
PRIVATEAug 12, 2026•about 3 hours ago
Amount Raised
₹1 Billion
Round Type
Series B
GurgaonE CommerceRetailInvestors
Faering Capital Growth Fund IiiFaering Capital International Growth Fund Iii
Description
FA Gifts Private Limited has raised nearly Rs 100 crore from funds managed by Faering Capital. The investment involved the allotment of 7,436 Series B compulsory convertible preference shares. Faering Capital International Growth Fund III and Faering Capital Growth Fund III received shares to support the company's expansion efforts. This follows a previous investment in Bakingo in November 2023.
Funding Insights
Based on industry dataTimeline 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