Bajaao

Mumbai, India Founded: 2005 • Age: 21 yrs Acquired By JMD Digital
Musical instruments and accessories are retailed online by Bajaao.
Annual revenue $4.5M Latest available
Total funding $5.5M 3 rounds
Employees 54 Tracked headcount
Investors 10 Known backers
Products 4 Services tracked
Competitors 7 Brand Intelligence

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
  • Sectors
    Media & Entertainment
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Bajaao Music Private Limited
  • Date of Incorporation 02 May, 2011
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Media & Entertainment → Music, Audio & Performing Arts Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.45 M (USD)
    141.8
    as on Mar 31, 2016
  • Net Profit
    -$1.33 M (USD)
    -188.4
    as on Mar 31, 2016
  • EBITDA
    -$1.35 M (USD)
    -193.76
    as on Mar 31, 2016
  • Total Equity Funding
    $5.48 M (USD)

    in 3 rounds

  • Latest Funding Round
    $119.33 K (USD), Series A

    Jan 11, 2018

  • Investors
    JMD Digital

    & 9 more

  • Employee Count
    54

    as on Mar 27, 2024

  • 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.

Product name locked
Category locked
Primary

Instruments for music enthusiasts with various sizes and accessories.

Product name locked
Category locked
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Amplified guitars for professional and beginner use.

Product name locked
Category locked
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Electronic keyboards for music production and learning.

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Devices for recording and studio use.

People of Bajaao

Headcount 50-200
Employee Profiles 7
Employee Profiles
People
Hussain Shaikh
Sr. Manager Ecommerce & Marketing
People
Suman Singh
CEO
People
Kailash Pate
Search Engine Optimization Manager
People
Teresa Lopez
Marketing Manager

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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.

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.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Supply of concert-grade Indian musical instruments and related educational content in Mumbai.
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JMD Ventures Limited is engaged in entertainment and digital media.
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Reeta Singh

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Investor details for Bajaao

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Investments & Acquisitions by Bajaao

Investments
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Investment portfolio details for Bajaao

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Financial Statements - Bajaao

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Detailed financials for Bajaao

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Bajaao Comparisons

Bajaao Primary company
Description
Musical instruments and accessories are retailed online by B...
Location
Mumbai, India
Founded Year
2005
Annual Revenue
$4.45 M (USD)
Net Profit
-$1.33 M (USD)
EBITDA
-$1.35 M (USD)
Employees
54
As of 2024
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Peer comparison for Bajaao

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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
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Gear4music is recognized as a leading retailer of musical instruments and equipment.
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An online store providing musical instruments and accessories for enthusiasts.
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An online-first brand specializing in digital guitars for musicians.
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Online store of professional musical instruments
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Provides online sales of musical instruments and accessories worldwide.
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Detailed competitors of Bajaao

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Latest news on Bajaao

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Complete news archive for Bajaao

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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.

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.

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