Winni, an Indian brand that has been wholly bootstrapped since its inception and is present in over 40 countries, achieved a milestone number by announcing the opening of its 150th store on December 10, 2021. The startup in next three years is planning for global expansion by achieving their target of opening 5000 stores; worldwide by 2025.
The online gifting and bakery retail chain aims to triple its turnover by 2021-22, with current revenue of INR 65 crore in FY 21, expected to cross INR 150 crore by March 2022. Winni aims to launch 5000 stores by 2025.
Riding on the back of fast deliveries
Bullish about delivering gifts in less than two hours, Winni is multi-category online gifting and bakery retail company that offers a wide range of affordable quality cakes, fresh flowers, highly personalized gift items, gourmet foods and the best range of curated products for every occasion and festivals.
Winni’s Co-founder and CEO, Sujeet Kumar Mishra, said, “We took a bold decision to enter in the retail segment when this country was under the impact of the pandemic, and it was considered to be a risk for us, but within 18 months of our retail journey, we can expand Winni’s footprints at pan India level in 23 states and 5 UTs starting from Baramulla to Coimbatore.”
“We have penetrated almost every big and small tier-2, tier-3 city and town within a short span. We have proved our mettle by opening our 150th retail store in Kaushambi, Ghaziabad. This is just a start for Winni as we are going to be more aggressive and capture a bigger pie in the next three years with our global expansion plans intact, and I am sure that we will be easily achieving our target of opening 5000 stores; worldwide by 2025.”
Winni is on an aggressive expansion spree
The company is headquartered in Panchkula, a district in the Indian state of Haryana. It has more than 350 employees in half a dozen cities of India like Delhi, Pune, Chandigarh, Bangalore, Hyderabad, Mumbai & Kolkata.
Winni started its retail division to ensure the consistent quality of the bakery products delivered to its online customers. It has a total base of more than 20 million customers. With its fast-paced expansion plans the startup is emerging as a rapidly growing company in this space and it will be soon in the position to challenge the monopoly of existing players like Fern N Petals and IGP.
With over 150 retail stores operational in tier-1, tier-2, tier-3 cities and small towns of 23 states and 4 UTs, Winni is expanding its footprints aggressively. Starting in 2012, the bootstrapped startup offers its services close to 650 cities and towns in India and over 40 countries globally through its 4000 plus strong vendor network for its online division.