About Bajaao
Bajaao is a company based in Mumbai (India) founded in 2005 by Ashutosh Pande was acquired by JMD Digital in December 2011. Bajaao has raised $5.48 million across 3 funding rounds from investors including JMD Digital, JMD Telefilms and Ultimate Guru Music. The company has 54 employees as of March 27, 2024. Bajaao offers products and services including Acoustic Guitars, Electric Guitars, Keyboards and Pianos, and Audio Interfaces. Bajaao operates in a competitive market with competitors including Gear4music, Ikebe Musical Instruments Store, Magic Instruments, 4Sound and Music Store, among others.
- Headquarter Mumbai, India
- Employees 54 as on 27 Mar, 2024
- Founders Ashutosh Pande
- Stage Minicorn
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bajaao Music Private Limited
- Date of Incorporation 02 May, 2011
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$4.45 M (USD)141.8as on Mar 31, 2016
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Net Profit
-$1.33 M (USD)-188.4as on Mar 31, 2016
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EBITDA
-$1.35 M (USD)-193.76as on Mar 31, 2016
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Total Equity Funding
$5.48 M (USD)
in 3 rounds
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Latest Funding Round
$119.33 K (USD), Series A
Jan 11, 2018
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Investors
JMD Digital
& 9 more
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Employee Count
54
as on Mar 27, 2024
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Acquired by
JMD Digital
(Dec 14, 2011)
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Products & Services of Bajaao
Bajaao offers a comprehensive portfolio of products and services, including Acoustic Guitars, Electric Guitars, Keyboards and Pianos, and Audio Interfaces.
Instruments for music enthusiasts with various sizes and accessories.
Amplified guitars for professional and beginner use.
Electronic keyboards for music production and learning.
Devices for recording and studio use.
People of Bajaao
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Funding Insights of Bajaao
Bajaao has successfully raised a total of $5.48M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $119.33 thousand completed in January 2018. 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 3
- Last Round Series A — $119,332
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First Round
First Round
(30 May 2014)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Series A - Bajaao | Valuation | Ultimate Guru Music | |
| Mar, 2016 | Amount | Seed - Bajaao | Valuation | Reeta Singh , Ultimate Guru Music | |
| May, 2014 | Amount | Seed - Bajaao | Valuation | Reeta Singh |
Investors in Bajaao
Bajaao has secured backing from 10 investors, including institutional and angel investors. Prominent investors backing the company include JMD Digital, JMD Telefilms and Ultimate Guru Music.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Supply of concert-grade Indian musical instruments and related educational content in Mumbai.
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Founded Year | Domain | Location | |
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JMD Ventures Limited is engaged in entertainment and digital media.
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Founded Year | Domain | Location | |
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RS
Reeta Singh |
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Founded Year | Domain | Location |
Investments & Acquisitions by Bajaao
Financial Statements - Bajaao
Bajaao Comparisons
Competitors of Bajaao
Bajaao 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 Gear4music, Ikebe Musical Instruments Store, Magic Instruments, 4Sound and Music Store, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Gear4music is recognized as a leading retailer of musical instruments and equipment.
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| domain | founded_year | HQ Location |
An online store providing musical instruments and accessories for enthusiasts.
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| domain | founded_year | HQ Location |
An online-first brand specializing in digital guitars for musicians.
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| domain | founded_year | HQ Location |
Online store of professional musical instruments
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| domain | founded_year | HQ Location |
Provides online sales of musical instruments and accessories worldwide.
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Frequently Asked Questions about Bajaao
Bajaao was founded in 2005 and raised its 1st funding round 9 years after it was founded.
Bajaao is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Suman Singh is the current CEO of Bajaao.
Bajaao is a funded company, having raised a total of $5.48M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.77M, raised on May 30, 2014.
As of Mar 27, 2024, the latest employee count at Bajaao is 54.
Annual revenue of Bajaao is $4.45M as on Mar 31, 2016.
Bajaao was founded in 2005 in Mumbai, India, as an online retailer in the music sector. A range of instruments including guitars, drums, tablas, santoor, and flutes is offered, along with accessories such as strings and amplifiers. Albums and merchandise from select music bands are also sold. Design services for recording studios, home theaters, and DJ setups are provided through its platform at bajaao.com.
Bajaao's top competitors include Gear4music, 4Sound and Ikebe Musical Instruments Store.
Bajaao offers Acoustic Guitars, Electric Guitars, Keyboards and Pianos, and Audio Interfaces.
Bajaao has 10 investors. Key investors include JMD Digital, JMD Telefilms, Ultimate Guru Music, Reeta Singh, and Mukesh Bhargava.
The valuation of Bajaao is $11.37M as of Jan 2018.