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Gifting Startup Winni plans to add 150 retail outlets

Online gifting platform Winni aims to add over 150 retail outlets of ‘Winni Cakes and More’ in the next three months, taking its total franchisees to about 400 by the end of the current fiscal.

According to a statement, the bootstrapped startup opened its 250th retail outlet in Patna, making it the 67th franchise in Bihar.

“We are really proud that we have achieved this milestone within a record period of three years where now we have 250 operational bakery retail outlets in India,” Winni co-founder and CEO Sujeet Kumar Mishra said, adding, “We have already sold 315 franchises at pan India level and are confident of opening over 400 stores by the end of the current financial year.”

By 2025, the company plans to open 5,000 stores worldwide as part of an ambitious plan to grow its business.

“With opening stores in 23 states and five union territories, Winni Cakes & More has emerged as the only bakery retail brand that has a truly pan-India geographical presence and a direct reach to five crore population,” Sujeet added.

With a presence in Tier-I, II, and III cities, he said that the company’s retail network is equally distributed.

The company says that in 2021–2022, revenue reached the Rs 100 crore level.

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