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 Kailas 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 Sep 30, 2026, the latest employee count at BAAS Technologies is 9.

Is BAAS Technologies a funded company?

BAAS Technologies is a funded company, having raised a total of $1.01M across 4 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 Jul 09, 2026, with participation from 2 investors.

What is the annual revenue of BAAS Technologies?

Annual revenue of BAAS Technologies is less than ₹10 Cr as on Mar 31, 2025

Where does BAAS Technologies rank among its competitors?

BAAS Technologies ranks 54th amongst 186 active competitors, of which 58 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was The Exploration, which secured $450M in Sep, 2026.

Who are the top competitors of BAAS Technologies?

BAAS Technologies' top competitors include SpaceX, Skyroot and Astra. Among them, The Exploration secured the most recent funding round in September, 2026.

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

BAAS Technologies is a seed company based in Nashik (India), founded in 2024 by Tanmay Kailas 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 $1.01M in funding from Inflection Point Ventures, with a current valuation of $*****. The company has 186 active competitors, including 58 funded and 11 that have exited. Its top competitors include companies like SpaceX, Skyroot and Astra.

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

$1.01M in 4 rounds

Latest Funding Round

Seed, Jul 09, 2026, $*****

Post Money Valuation

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

Investors

Inflection Point Ventures & 20 more

Ranked

54^th among 186 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

9 as on Sep 30, 2026

Similar Companies

Skyroot & 121 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	Reports
BAAS TECHNOLOGIES PRIVATE LIMITED CIN: U30304MH2024PTC421888 , India, Active	Mar 21, 2024	0 - ₹10 Cr (As on Mar 31, 2025)	-

BAAS Technologies has raised a total funding of $1.01M over 4 rounds. Its latest funding round was a Seed round on Jul 09, 2026 for $*****. 2 investors participated in its latest round. BAAS Technologies has 5 institutional investors and 16 angel investors.

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

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 09, 2026	2153888	Seed	2121498	7081534	1357512	4500526
Nov 22, 2025	8413867	Seed	4084623	4530138	6090006	Rajesh Arora & 7 more
Feb 2025	9476959	Grant (prize money)	4328011	3922225	6456836	Nidhi-Prayas

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View details of BAAS Technologies's funding rounds and investors

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

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

Tanmay Kailas Kanmahale: Co-Founder & CEO of BAAS Technologies. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
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 Kailas Kanmahale, Swayam Sanjay Sonar, Atharva Dilip Pingale, Shriniwas Anil Hase and Prashant Amarsih Patil are part of team.

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

Name	Type	Representing	Status	Duration
Tanmay Kailas Kanmahale	Team	-	Current	2y 6m
Swayam Sanjay Sonar	Team	-	Current	2y 3m
Atharva Dilip Pingale	Team	-	Current	2y 6m
Shriniwas Anil Hase	Team	-	Current	2y 3m
Prashant Amarsih Patil	Team	-	Current	2y 6m

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

BAAS Technologies' employee count trend

BAAS Technologies has 9 employees as of Sep 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 Astra. 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), Public	Provider of advanced aerospace and space transportation services	$11.9B	Fidelity Investments, Baillie Gifford & 275 others	83/100
2nd	Skyroot 2018, Hyderabad (India), Series C	Manufacturer of orbital launch vehicles for small satellite deployment missions	$145M	GIC, Sherpalo Ventures & 34 others	73/100
3rd	Astra 2016, Alameda (United States), Series B	Provider of launch services and electric propulsion systems for spacecraft	$137M	Canaan, Innovation Endeavors & 16 others	70/100
4th	Rocket Lab 2006, Long Beach (United States), Public	Provider of launch services, spacecraft design, manufacturing, satellite components, and software	$288M	DCVC, Promus Ventures & 18 others	69/100
5th	Firefly Aerospace 2014, Cedar Park (United States), Public	Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles	$589M	AE Industrial Partners, RPM Ventures & 17 others	68/100
6th	Agnikul 2017, Chennai (India), Series C	Manufacturer of orbital launch vehicles for micro and nano satellites	$62.2M	Chiratae Ventures, Celesta Capital & 109 others	66/100
7th	Relativity Space 2015, Inglewood (United States), Series E	Provider of AI-powered 3D printed launch vehicles for small payloads	$1.34B	Fidelity Investments, Bond Capital & 76 others	65/100
8th	The Exploration 2021, Planegg (Germany), Series C	Developer of reusable space vehicles for cargo transport to space stations	$680M	EQT, Red River West & 26 others	64/100
9th	EtherealX 2022, Bengaluru (India), Series A	Developer of reusable medium-lift launch vehicles and related propulsion systems	$28.3M	Big Capital, YourNest & 24 others	61/100
10th	PLD Space 2011, Elche (Spain), Series C	Provider of reusable launch vehicles for small payloads	$473M	Arcano Partners, Aciturri & 22 others	60/100
54th	BAAS Technologies 2024, Nashik (India), Seed	Developer of end-to-end rocket technology, launch services, and solid rocket motors	$1.01M	Soonicorn Ventures, SINE & 19 others	40/100

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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. The cap table displayed below is for BAAS TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with BAAS Technologies.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	78.11%	34.7Cr	9673089	5405679	4856701	6170230
Swayam Sonar	1169114	9666119	5742905	6859956	6345142	3415067
Shriniwas Hase	3767490	3551758	8646869	9736617	4008824	3744449
Atharva Pingale	9491853	3990702	6662248	9206471	6848915	7581176
Prashant Patil	3710470	1361929	3756370	5429857	2118017	1967946
Tanmay Kailas Kanmahale	3595194	8941309	4087515	3279125	5910011	8229532
Fund	9.75%	4.33Cr	3744788	2883315	3865217	7643241
Inflection Point Ventures	52347	92013	87422	40563	45358	33272
SINE	20	72	33	16	54	90
Angel	1.33%	59.1L	7	3	8	2
Rajesh Arora	0	0	0	0	0	0
ESOP Pool	10.82%	4.8Cr	5436150	3021535	8961363	4285449
Total	100.00%	44.4Cr	1469551	1377082	2491023	3500495