Bakingo

D2C (Online Bakery)Gurugram, India

Bakingo (FA Gifts Pvt Ltd) is a Gurugram-based online bakery brand founded in 2016 by Himanshu Chawla, Shrey Sehgal and Suman Patra. It makes and delivers cakes and desserts for occasions through a network of over 100 owned kitchens across more than 30 cities, selling via its website, sister platform FlowerAura and quick-commerce channels.

1StartupFox story

2016Founded

D2C(Online Bakery)Sector

Aug 2026Latest coverage

Funding

Bakingo has raised $27M across 2 disclosed rounds.

$27MRaised

$11MLatest round

$173MValuation

2Events

Chart appears once 1 more funding round is recorded — below that a chart shows less than the table does.

Aug 2026Round$11MFaering Capital $173M

Nov 2023Round$16MFaering Capital $75M

Valuation journey

Price marks from disclosed rounds, last reported at $173M (unconfirmed).

◉ Disclosed at round◌ Reported, unconfirmed

Round · $11MAug 2026reported

$173M

Step-up2.3× vs Nov 2023

Tap any mark to see that valuation

Financials

Revenue and profit after tax as filed with the Registrar of Companies.

FY25Revenuefiled

₹300 Cr

PAT₹17 Cr loss

Growth+89% YoY

Basisstandalone

SourceRoC filing ↗

FY26 not yet filed.

Tap any bar to see that year

₹ figures as filed, not restated

Leadership

HCHimanshu ChawlaCo-founder SSShrey SehgalCo-founder SPSuman PatraCo-founder

The Bakingo journey

2016 · founded

Bakingo founded in Gurugram by Himanshu Chawla, Shrey Sehgal and Suman Patra as an online bakery, an expansion of their gifting platform FlowerAura. ↗

Nov 2023 · funding

Round — $16M at $75M, led by Faering Capital.

Nov 2023 · milestone

Raised its first external funding, a $16M (~₹130 crore) Series A from Faering Capital, after seven years bootstrapped. ↗

Aug 2026 · funding

Round — $11M at $173M, led by Faering Capital.

Aug 2026 · milestone

Raised a ₹100 crore ($10.5M) Series B from Faering Capital at a reported ₹1,643 crore valuation, 2.6X its previous round. ↗

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Latest on Bakingo

Funding

Bakingo Raises ₹100 Crore in Series B Round From Faering Capital at 2.6X Higher Valuation

10 AUG 2026 · 5 MIN READ

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Frequently Asked

What is Bakingo?

Who founded Bakingo?

Bakingo is associated with Himanshu Chawla, Shrey Sehgal, Suman Patra.

How much funding has Bakingo raised?

Bakingo has raised $27M across 2 disclosed rounds. The most recent was a $11M round in Aug 2026.

Who are Bakingo's investors?

Disclosed investors in Bakingo include Faering Capital.

What is Bakingo's valuation?

Bakingo was last reported at $173M, at the time of its round in Aug 2026.

Is Bakingo profitable?

Per its FY25 standalone filing, Bakingo reported ₹300 Cr in revenue, with a ₹17 Cr loss.

What is the latest news on Bakingo?

The most recent StartupFox coverage is “Bakingo Raises ₹100 Crore in Series B Round From Faering Capital at 2.6X Higher Valuation” (10 August 2026). All stories are listed on this page.