Bakingo has raised ₹100 crore (~$10.5 million) in a Series B round entirely from existing investor Faering Capital, with no new investor joining; Faering now holds 26.31 percent.
By Entrackr's analysis of the RoC filing, the round values Bakingo at ₹1,643 crore ($173 million), about 2.6 times the ₹627 crore of its previous round; the valuation is derived, not company-disclo…
It is the second round for the Gurugram bakery, which bootstrapped for seven years before its first ₹130 crore ($16M) raise from Faering in November 2023.
FY25 standalone revenue was ₹300 crore with a ₹16.5 crore net loss; revenue has grown steadily since FY23 but losses have widened roughly twentyfold over two years of expansion.
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