When was BAAS Technologies founded?

BAAS Technologies was founded in 2024.

Where is BAAS Technologies located?

BAAS Technologies is headquartered in Nashik, India. It is registered at Shop No 2, Hetal Soc., Rameshwar Nagar, Dasak, Nashik Road, Nashik, Nashik, Maharashtra, India, 422101.

Who is the current CEO of BAAS Technologies?

Tanmay Kanmahale of BAAS Technologies. They have also founded 1 company.

Which legal entities is BAAS Technologies associated with?

BAAS Technologies is associated with BAAS TECHNOLOGIES PRIVATE LIMITED.

How many employees does BAAS Technologies have?

As of May 31, 2026, the latest employee count at BAAS Technologies is 11.

Is BAAS Technologies a funded company?

BAAS Technologies is a funded company, having raised a total of $487K across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round.

How much is BAAS Technologies worth?

The latest valuation of BAAS Technologies is $***** as of Jan 21, 2026.

When was the latest funding round of BAAS Technologies?

BAAS Technologies' latest funding was a $***** Seed round on Nov 22, 2025, with participation from 8 investors.

Where does BAAS Technologies rank among its competitors?

BAAS Technologies ranks 65th amongst 176 active competitors, of which 60 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Skyroot, which secured $60M in May, 2026.

Who are the top competitors of BAAS Technologies?

BAAS Technologies' top competitors include SpaceX, Skyroot and Firefly Aerospace. Among them, Skyroot secured the most recent funding round in May, 2026.

BAAS Technologies - 2026 Company Profile, Team, Funding & Competitors

BAAS Technologies is a seed company based in Nashik (India), founded in 2024 by Tanmay Kanmahale, Atharva Pingale, Swayam Sonar, Prashant Patil and Shriniwas Hase. It operates as a Developer of end-to-end rocket technology, launch services, and solid rocket motors. BAAS Technologies has raised $487K in funding from Inflection Point Ventures, with a current valuation of $*****. The company has 176 active competitors, including 60 funded and 10 that have exited. Its top competitors include companies like SpaceX, Skyroot and Firefly Aerospace.

Company Details

Developer of end-to-end rocket technology, launch services, and solid rocket motors. It satellite deployments, rideshares, and space access for research, climate monitoring, and communications. The company provides orbital, suborbital, and rideshare launch opportunities. It also develops reusable rocket technology. The organization collaborates with technology incubators and innovation-focused societies.

Website: baas.co.in
Social
Email ID: *****@baas.co.in
Registered Address: Shop No 2, Hetal Soc., Rameshwar Nagar, Dasak, Nashik Road, Nashik, Nashik, Maharashtra, India, 422101

Key Metrics

Founded Year

2024

Location

Nashik, India

Stage

Seed

Total Funding

$487K in 3 rounds

Latest Funding Round

Seed, Nov 22, 2025, $*****

Post Money Valuation

$***** as on Jan 21, 2026

Investors

Inflection Point Ventures & 19 more

Ranked

65^th among 176 active competitors

Employee Count

11 as on May 31, 2026

Similar Companies

Skyroot & 118 more

View BAAS Technologies' full profile

BAAS Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BAAS TECHNOLOGIES PRIVATE LIMITED CIN: U30304MH2024PTC421888 , India, Active	Mar 21, 2024	$0 - $1M (As on Mar 31, 2025)	-

BAAS Technologies has raised a total funding of $487K over 3 rounds. Its latest funding round was a Seed round on Nov 22, 2025 for $*****. 8 investors participated in its latest round. BAAS Technologies has 4 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of BAAS Technologies:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 22, 2025	1814392	Seed	4686719	9748820	5193284	8139313
Feb 2025	3106342	Grant (prize money)	9836130	4716874	2413930	Nidhi-Prayas

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View details of BAAS Technologies's funding rounds and investors

The founders of BAAS Technologies are Tanmay Kanmahale, Atharva Pingale, Swayam Sonar, Prashant Patil and Shriniwas Hase. Tanmay Kanmahale is the CEO of BAAS Technologies.

Here are the details of BAAS Technologies' key team members:

Tanmay Kanmahale: Co-Founder & CEO of BAAS Technologies. They serve on the board of 1 company.
Atharva Pingale: Co-Founder of BAAS Technologies.
Contact Info: 1 email address
Swayam Sonar: Co-Founder & Product Director of BAAS Technologies.
Contact Info: 1 email address
Prashant Patil: Co-Founder of BAAS Technologies.
Contact Info: 1 email address
Shriniwas Hase: Co-Founder of BAAS Technologies.
Contact Info: 1 email address

BAAS Technologies' Board of Directors

BAAS Technologies's board has 5 active members. Tanmay Kanmahale, Swayam Sanjay Sonar, Shriniwas Anil Hase, Atharva Dilip Pingale and Prashant Amarsih Patil are part of team.

Here is the list of BAAS Technologies' board of directors:

Name	Type	Representing	Status	Duration
Tanmay Kanmahale	Team	-	Current	2y 2m
Swayam Sanjay Sonar	Team	-	Current	2y 0m
Shriniwas Anil Hase	Team	-	Current	2y 0m
Atharva Dilip Pingale	Team	-	Current	2y 2m
Prashant Amarsih Patil	Team	-	Current	2y 2m

View details of BAAS Technologies's Founder profiles and Board Members

BAAS Technologies' employee count trend

BAAS Technologies has 11 employees as of May 26. Here is BAAS Technologies's employee count trend over the years:

Employee count trend for BAAS Technologies

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Top competitors of BAAS Technologies include SpaceX, Skyroot and Firefly Aerospace. Here is the list of Top 10 competitors of BAAS Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SpaceX 2002, Hawthorne (United States), Series J	Provider of reusable space launch vehicles for large payloads	$11.9B	Fidelity Investments, Baillie Gifford & 243 others	78/100
2nd	Skyroot 2018, Hyderabad (India), Series C	Developer of on-demand launch vehicles for small satellite deployment services	$160M	Temasek, GIC & 31 others	74/100
3rd	Firefly Aerospace 2014, Cedar Park (United States), Public	Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles	$589M	RPM Ventures, AE Industrial Partners & 16 others	70/100
4th	AgniKul 2017, Chennai (India), Series C	Provider of customized orbital launch vehicles and private space missions	$75.5M	HDFC Bank, Celesta Capital & 103 others	69/100
5th	Rocket Lab 2006, Long Beach (United States), Public	Provider of launch services, spacecraft design, manufacturing, satellite components, and software	$288M	Bessemer Venture Partners, Khosla Ventures ... & 17 others	65/100
6th	Relativity Space 2015, Inglewood (United States), Series E	Provider of AI-powered 3D printed launch vehicles for small payloads	$1.34B	Fidelity Investments, Tiger Global Management ... & 76 others	65/100
7th	Stoke 2019, Kent (United States), Series D	Manufacturer of reusable launch vehicles	$1.34B	Breakthrough Energy, MaC Venture Capital ... & 38 others	65/100
8th	Isar Aerospace Technologies 2018, Munich (Germany), Series D	Manufacturer of launch vehicles for small payloads	$594M	Lombard Odier, 10x Group & 33 others	64/100
9th	Orbex 2015, London (United Kingdom), Series D	Developer of launch system for small satellites	$158M	HTGF, BGF & 31 others	64/100
10th	The Exploration 2021, Planegg (Germany), Series B	Developer of reusable space vehicles for cargo transport to space stations	$210M	Balderton Capital, Red River West & 24 others	63/100
65th	BAAS Technologies 2024, Nashik (India), Seed	Developer of end-to-end rocket technology, launch services, and solid rocket motors	$487K	Inflection Point Ventures, SINE & 18 others	34/100

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Founders (largest shareholder) own 78.11%, Funds own 9.75%, Angels own 1.33% and ESOP Pool own 10.82%. The net worth of BAAS Technologies's founders is INR 34.7Cr as of Jan 21, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	78.11%	34.7Cr	4941483	2042831	2100381	1910794
Swayam Sonar	3147988	9276295	6148684	9117768	8673621	4178897
Shriniwas Hase	3397461	6445919	6867724	4395543	8553242	7333311
Atharva Pingale	1160863	3489383	9126722	9591621	4116554	4765215
Prashant Patil	1699750	5211271	6515112	5771796	1610357	8254162
Tanmay Kanmahale	7084487	1624744	1190876	3247096	7638457	8096107
Fund	9.75%	4.33Cr	3231361	9276314	7959328	1822440
Inflection Point Ventures	54043	81349	26466	39635	10637	43993
Angel	1.33%	59.1L	2	2	5	4
Rajesh Arora	0	0	0	0	0	0
ESOP Pool	10.82%	4.8Cr	7896059	3714629	4097190	3969683
Total	100.00%	44.4Cr	3106972	8209863	8778495	8017119