Baaz - About the company
Baaz is a series A company based in Delhi (India), founded in 2019 by Anubhav Sharma, Sahil Malik, Shubham Srivastava, Abhijeet Saxena and Karan Singla. It operates as a Manufacturer of electric scooters and provider of battery swapping infrastructure. Baaz has raised $13.2M in funding from investors like BIG Capital, Alteria Capital and 100Unicorns, with a current valuation of $*****. The company has 41 active competitors, including 13 that are funded. Its top competitors include companies like Yulu, Zypp Electric and Alt Mobility.
Company Details
Manufacturer of electric scooters and provider of battery swapping infrastructure. The business produces electric vehicles designed for delivery operations. It maintains a network of energy stations that allow for the exchange of depleted batteries for fully charged units. This system enables continuous vehicle operation by removing the need for long charging periods. The hardware includes scooters engineered for cargo transport and modular energy storage units.
- Website
- baaz.bike
- Email ID
- *****@electorq.com
- Registered Address
- KH NO - 258 SAIYADUL AJYAB, New Delhi, NEW DELHI, Delhi, India, 110030
Key Metrics
Founded Year
2019
Location
Delhi, India
Stage
Series A
Total Funding
$13.2M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 04, 2026
Investors
Ranked
4th among 41 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
365 as on Aug 31, 2025
Legal entities associated with Baaz
Baaz is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ELEC TORQ TECHNOLOGIES PRIVATE LIMITED CIN: U29190DL2019PTC344312 , India, Active | Jan 14, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 426 (As on May 01, 2026) |
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Baaz's funding and investors
Baaz has raised a total funding of $13.2M over 8 rounds. Its first funding round was on Jun 21, 2019. Its latest funding round was a Series A round on Jul 30, 2025 for $*****. 6 investors participated in its latest round. Baaz has 12 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of Baaz:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 30, 2025 | 9198873 | Series A | 1316047 | 9209891 | 2212877 | 5534226 |
May 28, 2024 | 1486623 | Venture Debt | 8905268 | 6126734 | 8540927 | |
May 23, 2024 | 9019611 | Series A | 7465609 | 9900797 | 1315906 |
View details of Baaz's funding rounds and investors
Baaz's founders and board of directors
Founder? Claim ProfileThe founders of Baaz are Anubhav Sharma, Sahil Malik, Shubham Srivastava, Abhijeet Saxena and Karan Singla. Anubhav Sharma is the CEO of Baaz.
Here are the details of Baaz's key team members:
- Anubhav Sharma: Co-Founder & CEO of Baaz and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Sahil Malik: Co-Founder & Chief Business Engineer of Baaz and founder of 1 other company. They are also an angel investor in 2 startups.
- Shubham Srivastava: Co-Founder of Baaz and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Abhijeet Saxena: Co-Founder & Chief of Global Supply Chain of Baaz and founder of 1 other company. Contact Info: 1 email address and 1 phone number
- Karan Singla: Co-Founder of Baaz and founder of 1 other company. Contact Info: 1 email address
Baaz's Board of Directors
Baaz's board has 4 active members. Anubhav Sharma, Shubham Srivastava and Banda Vamshi Krishna Reddy are part of team and Gauransh Garg is independent board member.Here is the list of Baaz's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 6m | |
Team | - | Current | 7y 6m | |
Investor | - | Current | 2y 8m | |
Independent board member | - | Current | 7y 6m |
View details of Baaz's Founder profiles and Board Members
Baaz's employee count trend
Baaz has 365 employees as of Aug 25. The total employee count is 150.0% more than what it was in Aug 24. Here is Baaz's employee count trend over the years:
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Baaz's Competitors and alternates
Top competitors of Baaz include Yulu, Zypp Electric and Alt Mobility. Here is the list of Top 10 competitors of Baaz, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering shared electric two-wheeler rentals | $135M | 80/100 | ||
2nd | Zypp Electric 2017, Gurugram (India), Series C | Operator of electric vehicle rental services for last mile delivery | $76.5M | 74/100 | |
3rd | Alt Mobility 2020, Delhi (India), Series A | Provider of electric vehicle leasing and lifecycle management solutions | $17.3M | 71/100 | |
4th | Manufacturer of electric scooters and provider of battery swapping infrastructure | $13.2M | 59/100 | ||
5th | Provider of electric vehicle subscription services for last mile delivery | $6.39M | 63/100 | ||
6th | Operator of electric vehicle rental services with battery swapping infrastructure | $243K | 59/100 | ||
7th | FYN Mobility 2013, Chennai (India), Seed | Provider of electric vehicle logistics and fleet management technology services | $7.53M | 51/100 | |
8th | Green Drive Mobility 2019, Bengaluru (India), Unfunded | Online electric two-wheeler rental platform for delivery professionals | - | - | 46/100 |
9th | Online platform providing electric delivery vehicle rental services | $1.78M | 45/100 | ||
10th | App-based platform offering doorstep fuel delivery services | - | - | 45/100 |
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Baaz's Investments and acquisitions
Baaz has made no investments or acquisitions yet.
Reports related to Baaz
Here is the latest report on Baaz's sector:
News related to Baaz
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Aravind Sanka's Investments: From 75 Investor Rejections to Backing StartupsStartupTalky•Jul 05, 2025•Rapido, Zingbus, Baaz, Skillbee and 3 others
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Tata Power DDL Partners with Baaz Bikes for Battery Swapping Servicesiliconindia•Dec 20, 2024•Tata Power-DDL, Baaz
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Baaz Bikes secured $8 M Series A funding from Big CapitalIncubees•Dec 28, 2023•Baaz, BIG Capital, 9Unicorns, Kalaari Capital and 1 other
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Baaz Bikes Secures $8 Million Funding Led By Big CapitalEMobility+•Nov 23, 2023•Baaz, BIG Capital, Rakuten Capital, Kalaari Capital and 4 others
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Young Entrepreneurs reshaping the Indian EV segment with out of the box ideasCXOtoday•Apr 25, 2023•EMotorad, Ather Energy, Baaz
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Baaz Bikes raises $2 Mn led by Kalaari CapitalEntrackr•Feb 22, 2022•Baaz, Kalaari Capital, AdvantEdge, 9Unicorns and 4 others
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