Bakingo Secures $16 Million in First Growth Capital Round Led by Faering Capital

Gurugram-based online cake delivery startup, Bakingo, has successfully raised $16 million in its inaugural round of growth capital, led by private equity firm Faering Capital. The funding injection is earmarked for strengthening Bakingo’s distribution network, with plans to double the number of dark kitchens from 75 to 150 and expand its presence to 10 new...

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