Over the last few years, Bakingo has delivered products across India, including in Gurgaon, Delhi, Noida, Bangalore, Hyderabad, and Mumbai
International Finance Corporation (IFC) has proposed an equity investment up to $20 million into Faering Capital International Growth Fund III or Faering III
The transaction is Advent's eighth investment in India in the past four years and its fourth in the consumer goods sector during the same period
International Finance Corporation has proposed to invest $15 million