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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
Social
X
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
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
365 as on Aug 31, 2025
Similar Companies
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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:lockFilter this list
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
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Baaz's founders and board of directors

Founder? Claim Profile
The 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:

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

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:
Employee count trend for Baaz
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Yulu
Yulu
2017, Bengaluru (India), Series B
Platform offering shared electric two-wheeler rentals
$135M
80/100
2nd
Logo for Zypp Electric
Zypp Electric
2017, Gurugram (India), Series C
Operator of electric vehicle rental services for last mile delivery
$76.5M
74/100
3rd
Logo for Alt Mobility
Alt Mobility
2020, Delhi (India), Series A
Provider of electric vehicle leasing and lifecycle management solutions
$17.3M
71/100
4th
Logo for Baaz
Baaz
2019, Delhi (India), Series A
Manufacturer of electric scooters and provider of battery swapping infrastructure
$13.2M
59/100
5th
Logo for EVeez
EVeez
2019, Gurugram (India), Series A
Provider of electric vehicle subscription services for last mile delivery
$6.39M
63/100
6th
Logo for Bijliride
Bijliride
2020, Hyderabad (India), Seed
Operator of electric vehicle rental services with battery swapping infrastructure
$243K
59/100
7th
Logo for FYN Mobility
FYN Mobility
2013, Chennai (India), Seed
Provider of electric vehicle logistics and fleet management technology services
$7.53M
51/100
8th
Logo for Green Drive Mobility
Green Drive Mobility
2019, Bengaluru (India), Unfunded
Online electric two-wheeler rental platform for delivery professionals
-
-
46/100
9th
Logo for Fullfily
Fullfily
2021, Chennai (India), Seed
Online platform providing electric delivery vehicle rental services
$1.78M
45/100
10th
Logo for GoFuel
GoFuel
2020, Chennai (India), Unfunded
App-based platform offering doorstep fuel delivery services
-
-
45/100
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Baaz's Latest cap tables and shareholding

Founders own 25.55%, Funds (largest shareholder) own 58.27%, Enterprises own 0.63% and Angels own 7.18%. The net worth of Baaz's founders is INR 71.2Cr as of Feb 04, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
25.55%
71.2Cr
1528628
3540610
2275555
5748290
6522906
4376414
3615386
5758684
4686242
1197149
8294966
1411705
8977658
6255686
9174438
1401028
8961
6487
4827
8854
9365
2178
36
75
24
23
50
52
5
1
4
3
4
2
Fund
58.27%
162Cr
7308978
1350719
4189847
1170682
5755020
8764428
7578599
5751076
1271585
8611219
8055910
4655885
8521402
9483918
7244181
9506005
3393451
4601176
3505499
2692890
6880766
6397082
0
0
0
0
0
0
Enterprise
0.63%
1.74Cr
0
0
0
0
Angel
7.18%
20Cr
2408979
6276673
5516098
1061418
3628
4766
6626
2799
4813
4568
Other People
0.04%
9.84L
0
0
0
0
ESOP Pool
8.34%
23.2Cr
2041202
2238692
6131102
3515906
Total
100.00%
279Cr
8692454
5083391
6655364
7637961
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Baaz's Shareholding

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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FAQs about Baaz

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