Faering Capital completed a $16m investment in Bakingo.

Faering Capital, a private equity firm, completed a $16m investment in Bakingo, an online cake delivery portal. "We firmly believe that India needs an authentic homegrown brand, and we are in prime position to be the pioneering National Bakery and Gifting platform. This growth capital investment by Faering Capital will propel us in executing on our vision and scaling nationally,” Himanshu Chawla, Bakingo Co-Founder.