Bakingo revenue, valuation and funding
Bakingo reported revenue of ₹405.8 crore in FY26 (the year to March 2026), against ₹300.3 crore in FY25, with a net loss of ₹36.9 crore, per filings and statements as reported. Its last disclosed valuation was ₹1,643 crore (Jul 2026), per filings and statements as reported.
| Revenue (FY26) | ₹405.8 crore |
|---|---|
| Revenue (FY25) | ₹300.3 crore |
| Revenue (FY24) | ₹208.7 crore |
| Revenue (FY23) | ₹145.7 crore |
| Net loss (FY26) | ₹36.9 crore |
| Net loss (FY25) | ₹16.5 crore |
| Net loss (FY24) | ₹5.3 crore |
| Valuation (Jul 2026) | ₹1,643 crore |
Figures from filings and statements as reported; the table below carries each year with its source.
Bakingo key facts
- What it doesOnline bakery brand Story
- Founded2016 Profile
- HeadquartersGurugram
- Last round₹100 crore ($10.5 million), Series B, Jul 2026 Profile
- StatusPrivate
Bakingo revenue and profit by year
| Year | Revenue | Profit or loss | Expenses | Note | Source |
|---|---|---|---|---|---|
| FY26 | ₹405.8 crore | ₹36.9 crore loss | ₹450.5 crore | From FA Gifts Pvt Ltd filings, as Entrackr reports Bakingo's results, consolidated. Revenue is revenue from operations; total income ₹413.65 crore | Entrackr, FY26 results |
| FY25 | ₹300.3 crore | ₹16.5 crore loss | ₹324.7 crore | Revenue from operations. Entrackr cites the standalone statements for the loss; its FY26 report shows the same revenue and expenses as the comparison year. | Entrackr, FY26 resultsEntrackr, Series B |
| FY24 | ₹208.7 crore | ₹5.3 crore loss | ₹213.8 crore | Consolidated, as Entrackr reports. Revenue from operations. | Entrackr, FY24 results |
| FY23 | ₹145.7 crore | ₹146.3 crore | Consolidated, as Entrackr reports. Revenue from operations; the loss for the year is not stated. | Entrackr, FY24 results |
As reported for each financial year; where sources disagree the figure is left out rather than picked.
Funding rounds
| When | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Nov 2023 | Series A (first outside round) | $16 million (about ₹130 crore) | Faering Capital | Faering Capital, press releaseVCCircle, Faering investmentThe Economic Times, Faering and FA GiftsEntrackr, Series B |
| Jul 2026 | Series B | ₹100 crore ($10.5 million) | Faering Capital (existing investor), through two of its funds | Entrackr, Series BYourStory, Series B |
Timeline
- 2010
- 2010 The founders start the gifting platform Flower Aura, as the Economic Times reports The Economic Times, Faering and FA Gifts
- 2016
- 2016 Himanshu Chawla, Shrey Sehgal and Suman Patra found Bakingo Faering Capital, press releaseVCCircle, Faering investmentThe Economic Times, Faering and FA Gifts
- 2023
- Nov 2023 Faering Capital invests $16 million, Bakingo's first outside funding Faering Capital, press releaseVCCircle, Faering investmentThe Economic Times, Faering and FA Gifts
- 2025
- Jan 2025 Entrackr reports FY24 revenue of ₹208.7 crore, up 43%, with a loss of ₹5.3 crore Entrackr, FY24 results
- 2026
- Jul 2026 Series B of about ₹100 crore from two Faering Capital funds is allotted on 30 July and reported on 10 August Entrackr, Series BYourStory, Series B
- Nov 2026 Entrackr reports FY26 revenue of ₹405.8 crore, up 35%, and a net loss of ₹36.9 crore Entrackr, FY26 results
The short version
- Bakingo is an online-first bakery brand that sells cakes and desserts, made in more than 100 kitchens across over 30 cities. Entrackr, Series BEntrackr, FY26 results
- Himanshu Chawla, Shrey Sehgal and Suman Patra founded Bakingo in 2016; the same three had earlier started the gifting platform Flower Aura. Faering Capital, press releaseVCCircle, Faering investmentThe Economic Times, Faering and FA Gifts
- Its parent company is FA Gifts Pvt Ltd, per Entrackr, and the Economic Times describes FA Gifts as the group that owns Bakingo and Flower Aura. Entrackr, Series BThe Economic Times, Faering and FA Gifts
- Revenue from operations was ₹405.8 crore in FY26, up 35% from ₹300.3 crore, and the net loss was ₹36.9 crore, more than double the year before. Entrackr, FY26 results
- The net loss was ₹5.3 crore in FY24, ₹16.5 crore in FY25 and ₹36.9 crore in FY26, while revenue rose from ₹208.7 crore to ₹405.8 crore. Entrackr, FY24 resultsEntrackr, Series BEntrackr, FY26 results
- Raw materials were the biggest cost in FY26 at ₹194.45 crore, up 40% and over 43% of total spending. Entrackr, FY26 results
- Faering Capital put in $16 million in November 2023, Bakingo's first outside funding, and about ₹100 crore ($10.5 million) in a Series B allotted on 30 July 2026. Faering Capital, press releaseVCCircle, Faering investmentEntrackr, Series BYourStory, Series B
- Entrackr's analysis of the Series B filing puts the valuation at about ₹1,643 crore ($173 million), up 2.6 times from the Series A, and says Faering Capital now holds 26.31%. Entrackr, Series B
Products
- Cakes and desserts: Cheesecakes, gourmet cakes, jar cakes and customised cakes for occasions, with more than 400 designs. Entrackr, Series B
- Kitchens and delivery: Over 100 kitchens serve more than 30 cities. Entrackr, Series BEntrackr, FY26 results
People
- Himanshu Chawla: Co-founder and director. Also a co-founder of the gifting platform Flower Aura. The Economic Times, Faering and FA GiftsVCCircle, Faering investment
- Shrey Sehgal: Co-founder of Bakingo, and also of Flower Aura. Faering Capital, press releaseVCCircle, Faering investment
- Suman Patra: Co-founder of Bakingo, and also of Flower Aura. Faering Capital, press releaseVCCircle, Faering investment
Questions people ask about Bakingo
What is Bakingo's revenue?
Bakingo's revenue from operations was ₹405.8 crore in FY26, up 35% from ₹300.3 crore in FY25, per Entrackr's reading of its consolidated filings. FY24 revenue was ₹208.7 crore and FY23 was ₹145.7 crore, so FY26 revenue is about 2.8 times the FY23 figure. Entrackr, FY26 resultsEntrackr, FY24 results
Is Bakingo profitable?
No. Bakingo's net loss widened to ₹36.9 crore in FY26, more than double the ₹16.5 crore loss in FY25, as costs grew faster than revenue. It lost ₹5.3 crore in FY24. Raw materials were its biggest cost at ₹194.45 crore in FY26, over 43% of total spending. Entrackr, FY26 resultsEntrackr, Series BEntrackr, FY24 results
What is Bakingo's valuation?
Entrackr's analysis of a regulatory filing puts Bakingo's valuation at about ₹1,643 crore ($173 million) after its Series B in July 2026, up 2.6 times from about ₹627 crore at the Series A in November 2023. Faering Capital, which put in about ₹100 crore in the Series B, holds 26.31%. Entrackr, Series B
Who owns Bakingo?
Bakingo's parent company is FA Gifts Pvt Ltd, per Entrackr, and the Economic Times describes FA Gifts as the group that owns Bakingo and the gifting platform Flower Aura. Himanshu Chawla, Shrey Sehgal and Suman Patra founded Bakingo in 2016, and Faering Capital holds 26.31% after the Series B. Entrackr, Series BThe Economic Times, Faering and FA GiftsFaering Capital, press release
How much has Bakingo raised?
Bakingo has raised $26.5 million across two rounds, both from Faering Capital: $16 million (about ₹130 crore) in November 2023, its first outside funding, and about ₹100 crore ($10.5 million) in a Series B allotted on 30 July 2026, per Entrackr and YourStory. Entrackr, FY26 resultsVCCircle, Faering investmentEntrackr, Series BYourStory, Series B
Every line links to the article it came from, written in our own words. Not investment advice. Profile updated 2026-11-11.
Stories cover its results news. Sectors: Commerce & Consumer Brands. Based in Gurugram.
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