About Bacancy Systems
Bacancy Systems is a company based in Ahmedabad (India) founded in 2021 by Hardik Sheth and Krunal Patel. It operates as a B2B. Bacancy Systems has raised $4.22 million across 1 funding round from investors including Sabre Partners India. The company has 56 employees. Bacancy Systems operates in a competitive market with competitors including Eatron, Ion Energy Labs, Electra Vehicles, Williams Advanced Engineering and Breathe Battery Technologies, among others.
- Headquarter Ahmedabad, India
- Employees 56 as on
- Founders Hardik Sheth, Krunal Patel
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Bacancy Systems Llp
- Date of Incorporation 03 Feb, 2021
- Jurisdiction Daskroi, Gujarat, India
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$4.22 M (USD)
in 1 rounds
-
Latest Funding Round
$4.22 M (USD), Series A
Mar 30, 2026
- Investors
-
Employee Count
56
as on
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Bacancy Systems
Bacancy Systems has successfully raised a total of $4.22M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.22 million completed in March 2026. 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 1
- Last Round Series A — $4.2M
-
First Round
First Round
(30 Mar 2026)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2026 | Amount | Series A - Bacancy Systems | Valuation | Sabre Partners India |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bacancy Systems
Bacancy Systems has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sabre Partners India. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Bacancy Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Bacancy Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bacancy Systems Comparisons
Competitors of Bacancy Systems
Bacancy Systems 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 Eatron, Ion Energy Labs, Electra Vehicles, Williams Advanced Engineering and Breathe Battery Technologies, 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 |
AI-enabled battery management and motion control systems are developed.
|
|
| domain | founded_year | HQ Location |
Battery intelligence platform for utility-scale energy storage systems is developed.
|
|
| domain | founded_year | HQ Location |
Battery management systems for electric vehicles are developed and provided.
|
|
| domain | founded_year | HQ Location |
Battery management systems for electric vehicles are provided.
|
|
| domain | founded_year | HQ Location |
Physics-based battery management software is developed for batteries.
|
|
| domain | founded_year | HQ Location |
Battery management systems are developed for modular lithium battery packs.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Bacancy Systems
Frequently Asked Questions about Bacancy Systems
When was Bacancy Systems founded?
Bacancy Systems was founded in 2021 and raised its 1st funding round 5 years after it was founded.
Where is Bacancy Systems located?
Bacancy Systems is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Who is the current CEO of Bacancy Systems?
Hardik Sheth is the current CEO of Bacancy Systems. They have also founded this company.
Is Bacancy Systems a funded company?
Bacancy Systems is a funded company, having raised a total of $4.22M across 1 funding round to date. The company's 1st funding round was a Series A of $4.22M, raised on Mar 30, 2026.
How many employees does Bacancy Systems have?
As of the latest available data, the latest employee count at Bacancy Systems is 56.
What does Bacancy Systems do?
Bacancy Systems delivers comprehensive products and management solutions for electric vehicles through dealing with automotive parts, developing electric vehicles, ev solutions, and management systems. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Bacancy Systems?
Bacancy Systems's top competitors include Eatron, Breathe Battery Technologies and Brill Power.
Who are Bacancy Systems's investors?
Bacancy Systems has 1 investor. Key investors include Sabre Partners India.