About Baaz
Baaz is a company based in Delhi (India) founded in 2019 by Sahil Malik, Abhijeet Saxena, Anubhav Sharma, Shubham Srivastava, and Karan Singla.. Baaz has raised $13.18 million across 9 funding rounds from investors including ReNew, Alteria Capital and AdvantEdge. The company has 1 employees as of April 09, 2024. Baaz operates in a competitive market with competitors including Trueno, TriEV, ionplus and EV4All, among others.
- Headquarter Delhi, India
- Employees 1 as on 09 Apr, 2024
- Founders Sahil Malik, Abhijeet Saxena, Anubhav Sharma, Shubham Srivastava, Karan Singla
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Elec Torq Technologies Private Limited
- Date of Incorporation 14 Jan, 2019
- Jurisdiction South West Delhi, Delhi, India
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Annual Revenue
$95.27 K (USD)364.91as on Mar 31, 2023
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Net Profit
$-584.85 K (USD)-114.98as on Mar 31, 2023
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EBITDA
$-894 K (USD)-255.83as on Mar 31, 2023
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Total Equity Funding
$13.18 M (USD)
in 9 rounds
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Latest Funding Round
$2.29 M (USD), Series A
Aug 18, 2025
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Investors
ReNew
& 19 more
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Employee Count
1
as on Apr 09, 2024
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Funding Insights of Baaz
Baaz has successfully raised a total of $13.18M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $2.29 million completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series A — $2.3M
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First Round
First Round
(21 Jun 2019)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series A - Baaz | Valuation | BIG Capital | |
| Aug, 2024 | Amount | Series A - Baaz | Valuation | Alteria Capital |
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| May, 2024 | Amount | Debt – Venture - Baaz | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Baaz
Baaz has secured backing from 20 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include ReNew, Alteria Capital and AdvantEdge. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture debt funding and structured finance for innovative startups in India.
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Founded Year | Domain | Location | |
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Venture capital firm focused on technology, fintech, e-commerce, mobility platforms, and multiple sectors
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Founded Year | Domain | Location | |
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Investments in early-stage technology companies are made by Kalaari Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Baaz
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Baaz
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Baaz Comparisons
Competitors of Baaz
Baaz operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trueno, TriEV, ionplus and EV4All, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric scooter subscriptions are offered through an app-based platform.
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| domain | founded_year | HQ Location |
Electric vehicle subscription platform
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| domain | founded_year | HQ Location |
Operates an app-based platform for electric scooter rentals.
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| domain | founded_year | HQ Location |
An online platform for subscription-based electric two-wheeler rentals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Baaz
Frequently Asked Questions about Baaz
When was Baaz founded?
Baaz was founded in 2019.
Where is Baaz located?
Baaz is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Baaz?
Anubhav Sharma is the current CEO of Baaz. They have also founded this company.
Is Baaz a funded company?
Baaz is a funded company, having raised a total of $13.18M across 9 funding rounds to date.
How many employees does Baaz have?
As of Apr 09, 2024, the latest employee count at Baaz is 1.
What is the annual revenue of Baaz?
Annual revenue of Baaz is $95.27K as on Mar 31, 2023.
What does Baaz do?
Baaz was founded in 2019 and is headquartered in Delhi, India. A mobility platform is operated to support gig workers in performing efficient last-mile deliveries using electric scooters. Services focus on sustainable urban logistics within the transportation sector, enabling access to eco-friendly vehicles for delivery operations across Indian cities. Key leadership includes co-founders and a director overseeing platform development and expansion.
Who are Baaz's investors?
Baaz has 20 investors. Key investors include ReNew, Alteria Capital, AdvantEdge, 100Unicorns, and Rakuten Capital.
What is Baaz's valuation?
The valuation of Baaz is $5.94M as of Feb 2022.