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Bakingo

Bakingo Franchise

Food & BeverageEst. 2016Gurugram, Haryana

Online cake brand with 100+ kitchens; a franchise page lists 4 formats but no terms and no franchised outlet found. Status unconfirmed.

About This Listing

Bakingo keeps a franchise enquiry page online that names four formats (Cloud, Classic, Super and Cafe) but publishes no costs, fees or terms. The page has not changed since 2021 and is not linked from Bakingo's menus or sitemap, and we found no franchised Bakingo outlet: all 31 locations on its store list use the company's central phone and email, and neither Bakingo's pages nor press reports mention a franchisee. Whether it is signing franchisees now is unconfirmed.

Source: Bakingo franchise page and store list (checked 4 Oct 2026)

Bakingo franchise at a glance (terms checked Oct 2026)

Franchising status unconfirmedModels: UnitTerms checked Oct 2026

Investment

Not published

The brand doesn't publish its investment

Ongoing take

Not published

Franchise fee

Not published

Payback

Not published

FranchiseChuno ScoreNot scored — not taking franchisees
  • Franchisor made a loss of ₹3.7 Cr in FY24
  • Claims 100 outlets; its own locator lists 31
  • Legal or regulatory action on record — see Reputation & News
  • Disputes with franchisees: None found (records checked Oct 2026)

Outlets

31 verified

Brand claims 100

What we couldn't verify

  • • Outlet closures
  • • Franchisee satisfaction
  • • Revenue trend
  • • Network growth

Ask before you sign

  1. Get written confirmation that Bakingo is taking franchisees at all before paying anything — see the note at the top of this page.
  2. Get a written, itemised cost breakdown — the brand hasn't published one.
  3. Ask for the one-time franchise fee in writing, and whether any part is refundable.

Franchise terms checked against Bakingo's official franchise page on 3 Oct 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.

Ways to Partner with Bakingo

4 partner models published by the brand. Figures it doesn't publish are left blank.

Unit franchise

Bakingo Cloud model

Named on the franchise page; no size, cost or fee published. Our estimate ₹15–30 L.

Unit franchise

Bakingo Classic model

Named on the franchise page; no details published.

Unit franchise

Bakingo Super model

Named on the franchise page; no details published.

Unit franchise

Bakingo Cafe model

Named on the franchise page; no details published. Our estimate ₹45–70 L.

Reputation & News

3 red flags to check

What the press, courts and real franchisees or customers have said about Bakingo — summarised by us, with every source linked.

  • In the news· Aug 2026

    Losses widen as the kitchen network grows

    Entrackr reports FY25 revenue from operations of ₹300 Cr and a ₹16.5 Cr loss (standalone); MCA data via Tracxn shows FA Gifts lost money in FY25 and Bake Wish (Bakingo's former operating company) lost ₹3.7 Cr in FY24.

    Source: Entrackr; MCA via Tracxn
  • regulatory· Jul 2026

    Late payments to small suppliers

    MSME filings via Tracxn show FA Gifts paid ₹12.6 Cr across 1,140 payments after the 45-day limit in Oct 2025–Mar 2026, with ₹2.9 Cr still outstanding beyond 45 days.

    Source: MCA MSME-1 data via Tracxn
  • employee_opinion· Oct 2026★ 3.1/5 · 58 ratings

    AmbitionBox employee rating 3.1/5 (small sample)

    Employees rate Bakingo 3.1 out of 5 on AmbitionBox from 58 ratings.

    Source: AmbitionBox
  • In the news· Aug 2026

    ₹100 Cr Series B at a reported ₹1,643 Cr valuation

    Entrackr reported in Aug 2026 that FA Gifts allotted Series B preference shares to Faering Capital; Bakingo had over 100 kitchens in 30+ cities and had not yet filed FY26 accounts.

    Source: Entrackr

Legal & Contract Summary

Key contract terms at a glance — read before you sign.

Agreement Type

Not specified

Contract Duration

—

Renewal Available

—

Territory Exclusivity

—

Non-Compete Clause

—

Exit Clause

—

About the Brand

Brand USP

Online-first cake brand from Gurugram that bakes in its own delivery kitchens; it says it has 100+ kitchens in 30+ cities, and Entrackr reports ₹300 Cr revenue in FY25.

Parent CompanyFA Gifts Pvt Ltd (also runs FlowerAura)
HeadquartersGurugram, Haryana
Bakingo is an online cake and dessert brand founded in Gurugram in 2016 by Himanshu Chawla, Shrey Sehgal and Suman Patra. It belongs to FA Gifts Pvt Ltd, which also runs the FlowerAura gifting site. Bakingo sells mainly through its own website and delivery apps, baking in its own kitchens: its About page claims over 100 kitchens in more than 30 cities (Entrackr reported the same in August 2026), while its own store list shows 31 locations in 18 cities (4 Oct 2026), many on upper floors rather than shopfronts. FA Gifts reported about ₹300 Cr revenue from operations and a ₹16.5 Cr loss in FY25, and raised ₹100 Cr from Faering Capital in August 2026 at a ₹1,643 Cr valuation, Entrackr reported. Bakingo keeps a franchise enquiry page that names four formats — a Cloud (delivery kitchen) model, Classic, Super and a Cafe — and promises help with set-up, hiring, licences, supplies, delivery-app listing and training. It publishes no investment, fee, royalty, area or contract term, the page has not changed since 2021, and it is not linked from the site's menus. FranchiseChuno estimates roughly ₹15–30 L* for a delivery-kitchen format and ₹45–70 L* for a café, before any franchise fee. What to watch: we found no franchised Bakingo outlet — every location on its list uses the company's central phone and email — so treat the programme as unconfirmed until Bakingo shares a franchise agreement and names existing franchisees. FA Gifts lost ₹16.5 Cr in FY25 (figures for both Bakingo and FlowerAura) and Bake Wish lost ₹3.7 Cr in FY24. MSME filings show it paid ₹12.6 Cr to small suppliers after the 45-day limit in Oct 2025–Mar 2026. Court records show two small supplier disputes: an internet provider won a ₹97,226 recovery decree against FA Gifts in January 2023, and the Delhi High Court sent a courier company's claim to arbitration in February 2023. Employees rate it 3.1/5 on AmbitionBox from a small sample.

Why invest in Bakingo?

- Bakingo says it runs over 100 kitchens in more than 30 cities (About page, Oct 2026); Entrackr reports ₹300 Cr revenue from operations in FY25. - It raised ₹100 Cr from Faering Capital in Aug 2026 at a reported ₹1,643 Cr valuation; the filing cites general business needs and growth and expansion. - Its franchise page names four formats — Cloud, Classic, Super and Cafe — but gives no costs or terms.

Bakingo by the Numbers

Source marked on each figure

Over 100 across more than 30 cities

Kitchens · Oct 2026

Brand claim

31 in 18 cities

Locations on its 'Our Stores' page (our count) · 4 Oct 2026

Store locator

7 million+ customers, 300+ cities covered, 1,800+ daily orders

Customers and orders (franchise page) · Oct 2026

Brand claim

400+

Cake designs · Oct 2026

Brand claim

Bakingo Outlet Network

By state · Oct 2026

  • Delhi NCR (Delhi 6, Gurugram 4, Noida 2, Ghaziabad 1, Faridabad 1)14
  • Other states (Telangana 2, West Bengal 2, Tamil Nadu 3, Punjab 2; Kanpur, Ranchi, Karnal, Bhopal, Mumbai 1 each)14
  • Karnataka (Bengaluru)3

Cities with Outlets

Show all 17 cities
Gurgaon, HaryanaNoida, Uttar PradeshDelhi, DelhiBangalore, KarnatakaHyderabad, TelanganaKolkata, West BengalCoimbatore, Tamil NaduKanpur, Uttar PradeshRanchi, JharkhandJalandhar, PunjabGhaziabad, Uttar PradeshBhopal, Madhya PradeshChennai, Tamil NaduFaridabad, HaryanaLudhiana, PunjabMumbai, MaharashtraKarnal, Haryana

Cities with Outlets

17 cities
Has an outlet
Major city, no outlet listed
Click a city to explore

Company Financials

Parent / group level

These figures are for FA Gifts Pvt Ltd (also runs FlowerAura), not this brand alone — separate from what a single franchise outlet earns.

Revenue (FY25)

₹308.19 Cr

Net loss (FY25)

₹16.55 Cr

Total funding raised

$26.5M+

Valuation (Aug 2026 (₹1,643 Cr, Entrackr))

$173.0M

Employees (Jan 2025 (labour filing via Tracxn))

863

Notable investors

Faering Capital (26.31% after the Aug 2026 round)

A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.

Company Health Check

What Bakingo's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.

Status with the registrar
Active
Annual filings
Up to date
Last AGM
29 Sep 2025
Late payments to small suppliers
1140
Paid-up capital
₹33.69 L
Auditor
Sandeep Agarwal (individual auditor, as recorded by Tracxn)
Brand trademark
Registered: 'Bakingo' word marks in Classes 9, 30, 35 and 42 (2022) and device marks from 2016; logo registered in Classes 30 and 43 (2025); a 2023 Class 43 word application is objected

Group companies

  • Bake Wish Pvt LtdSubsidiary · 99.99%
  • Faering Capital (Growth Fund III and International Growth Fund III)shareholder · 26.31%

Source: MCA data via Tracxn; Entrackr; Indian Kanoon (checked Oct 2026)

Full company recordsFinancials year by year, registered details, leadership and timelineShow

Bakingo Financials Over Time

Figures for the brand / the parent company, from filed or reported accounts.

FY24
₹159.57 Cr
Loss ₹3.73 Cr
FY25
₹308.19 Cr▲ 93%
Loss ₹16.55 Cr

Source: Bake Wish Pvt Ltd (Bakingo's operating company before amalgamation into FA Gifts), MCA via Tracxn · FA Gifts Pvt Ltd (Bakingo + FlowerAura), MCA via Tracxn

A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.

Company Profile

The legal entity behind the brand, its leadership, and its official channels.

Registered name
FA Gifts Private Limited
Company type
Private Limited Company
CIN
U74900HR2013PTC049557
Incorporated
17 Jun 2013
Headquarters
Gurugram, Haryana

Leadership

  • HHimanshu ChawlaCo-founder
  • SShrey SehgalCo-founder
  • SSuman PatraCo-founder

Social presence

InstagramFacebookXLinkedIn

Company details source: MCA data via Tracxn; Bakingo site footer

Bakingo Timeline

  1. 2016

    Bakingo founded in Gurugram

  2. Nov 2023

    Raises $16 M from Faering Capital

    Source
  3. Aug 2026

    Raises ₹100 Cr Series B from Faering Capital

    Reported valuation ₹1,643 Cr, up 2.6x from ₹627 Cr; Faering holds 26.31%.

    Source

FranchiseChuno Analysis

Our analysis of verified data

How Bakingo looks once the numbers are checked side by side.

  • !The franchisor company is loss-makingIts latest filed accounts show a net loss. Franchisors that lose money can cut support or change terms — ask how franchise operations are funded.
  • ✓Brand operating for 10 yearsFounded in 2016. The brand doesn't state when franchising began.
  • !Outlet claim is well above its store locatorBakingo claims 100 outlets, but its own store locator lists 31 (4 Oct 2026 (Bakingo 'Our Stores' page)). Ask for a current list of operating outlets.
  • !3 red flags in the news or public discussionSee Reputation & News below, and ask the brand to address each one.

Data completeness

45%

  • ✓ Terms checked against the brand's own page
  • â—‹ Published investment (not an estimate)
  • â—‹ Franchise fee
  • â—‹ Royalty
  • â—‹ ROI or payback claim
  • â—‹ Agreement term
  • â—‹ Training details
  • ✓ Outlet cities verified
  • ✓ Company financials
  • ✓ Legal entity
  • ✓ News & public opinion checked

Ask Before You Sign

Questions tailored to what Bakingo does and doesn't publish.

  1. 1Get written confirmation that Bakingo is taking franchisees at all before paying anything — see the note at the top of this page.
  2. 2Get a written, itemised cost breakdown — the brand hasn't published one.
  3. 3Ask for the one-time franchise fee in writing, and whether any part is refundable.
  4. 4Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
  5. 5Ask for the agreement term, renewal fee and exit or transfer terms.
  6. 6Ask whether you get an exclusive territory, and how large it is.
  7. 7Ask how the franchisor funds training and support while it's loss-making.
  8. 8Ask the brand to respond to each red flag listed under Reputation & News.
  9. 9Have a lawyer review the franchise agreement before paying anything.
  10. 10Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShow

Operations Required

What you'll need on the ground to run this franchise day-to-day.

Area Required

—

Staff Needed

—

Setup Time

—

Owner Involvement

—

Best Locations

Not published

Business Type

Not published

Training & Support

What the brand provides to help you launch and run your franchise.

Training Cost

Covered by franchisor

Operations Manual

Step-by-step playbook for running the outlet

Not published

Supply Chain Support

Vendor sourcing, inventory & logistics

Not published

Technology / POS

Billing, inventory, and management software

Not published

Marketing Support

National & local marketing campaigns

Not included

Launch Support

Pre-opening setup and grand-opening assistance

Not published

Ongoing Field Support

Regular visits and operational coaching

Not published

Ongoing Support

Bakingo's franchise page lists set-up design and build, hiring, licences, local marketing, a single supply vendor, listing on delivery apps, site validation, training and 'franchise advisors'. No fees or contract terms are given.

What Bakingo franchisees say

We haven't yet heard from enough Bakingo franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.

I run a Bakingo outlet — share how it went

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