About Bakingo
Bakingo is a company based in Gurugram (India) founded in 2016 by Suman Patra, Himanshu Chawla, and Shrey Sehgal.. Bakingo has raised $16 million across 1 funding round from investors including Faering Capital. The company has 525 employees as of January 10, 2025. Bakingo operates in a competitive market with competitors including 99 Pancakes, Creme Castle, Mimansa Industries, Hira Sweets and Ribbons and Balloons, among others.
- Headquarter Gurugram, India
- Employees 525 as on 10 Jan, 2025
- Founders Suman Patra, Himanshu Chawla, Shrey Sehgal
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Sectors
RetailConsumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Bake Wish Private Limited
- Date of Incorporation 05 Oct, 2016
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$18.64 M (USD)68.59as on Mar 31, 2024
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Net Profit
$-435.75 K (USD)-321.89as on Mar 31, 2024
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EBITDA
$-81.78 K (USD)-127.37as on Mar 31, 2024
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Total Equity Funding
$16 M (USD)
in 1 rounds
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Latest Funding Round
$16 M (USD), Private Equity Round
Nov 10, 2023
- Investors
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Employee Count
525
as on Jan 10, 2025
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Funding Insights of Bakingo
Bakingo has successfully raised a total of $16M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $16 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $16.0M
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First Round
First Round
(10 Nov 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Private Equity Round - Bakingo | Valuation | Faering Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bakingo
Bakingo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Faering Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm managing investments in Indian sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bakingo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bakingo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bakingo Comparisons
Competitors of Bakingo
Bakingo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 99 Pancakes, Creme Castle, Mimansa Industries, Hira Sweets and Ribbons and Balloons, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Limited service food chain serving pancakes
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| domain | founded_year | HQ Location |
Creme Castle is recognized as a leading custom cake bakery in Delhi NCR.
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| domain | founded_year | HQ Location |
Chain of bakery cafe offering cakes and pastries
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| domain | founded_year | HQ Location |
Provides Indian sweets, restaurant services, bakery items, and gift hampers in Delhi.
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| domain | founded_year | HQ Location |
Operates a chain of bakery cafes offering a variety of cakes and pastries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bakingo
Frequently Asked Questions about Bakingo
When was Bakingo founded?
Bakingo was founded in 2016 and raised its 1st funding round 7 years after it was founded.
Where is Bakingo located?
Bakingo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Bakingo a funded company?
Bakingo is a funded company, having raised a total of $16M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $16M, raised on Nov 10, 2023.
How many employees does Bakingo have?
As of Jan 10, 2025, the latest employee count at Bakingo is 525.
What is the annual revenue of Bakingo?
Annual revenue of Bakingo is $18.64M as on Mar 31, 2024.
What does Bakingo do?
Bakingo was established in 2016 in Gurugram, India, as an online bakery. A variety of cakes and pastries is provided, including photo cakes, party cakes, and themed options. Flavors such as chocolate, butterscotch, vanilla, and others are available. Products are supplied for occasions like birthdays, anniversaries, and events, with operations centered in the Indian market.
Who are the top competitors of Bakingo?
Bakingo's top competitors include 99 Pancakes, Mimansa Industries and Ribbons and Balloons.
Who are Bakingo's investors?
Bakingo has 1 investor. Key investors include Faering Capital.
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