Baaz Bikes

Electric mobility ecosystem for gig workers

Delhi, India · Founded 2019 · $8.0M raised

Headquarters
Delhi
Employees
201–500
Founded
2019
Business Model
B2B
Website
baaz.bike
Total Funding
$8.0M
Last Round
$8.0M Series ANov 2023
Rounds
1

About

Baaz Bikes (operated by ElecTorq Technologies) is a Delhi NCR-based electric-mobility platform that helps gig and last-mile delivery workers cut costs with in-house-designed electric scooters and a nationwide battery-swapping network that lets riders swap a depleted battery in about 90 seconds instead of waiting to charge. Founded by IIT Delhi alumni, the company has powered more than 56,000 battery swaps and 1.4 million kilometers of deliveries, offsetting over 161,000 kg of carbon to date.

Summary

Baaz Bikes is a Climate Tech company based in Delhi, India, founded in 2019. It has raised $8.0M in total across 1 round, most recently a $8.0M Series A round in Nov 2023. Investors include B.I.G Ventures.

Tech & App Stack

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Funding History

Series ASeries ANov 2023
$8.0M

Investors

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