Bakingo: The brand is planning to expand its presence to cities like Kolkata, Chennai, Pune, Kanpur, Agra, Patna, Ludhiana, Patiala, Jalandhar, Ahmedabad, Indore, and Bhopal. It is also planning to double its dark kitchens from 75 to 150.
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With this investment, the company is looking to further strengthen its distribution footprint by expanding from 75 dark kitchens to 150 and entering 10 new cities, according to a statement.
Fast-growing bakery brand Bakingo on Monday said it has raised its first-ever round of growth capital worth $16 million from private equity firm Faering Capital.With this investment, Bakingo said it is looking to further strengthen its .