Baaz Bikes funding, investors and company details

Baaz Bikes is an emerging Automobile - EV startup from New Delhi, working in the space of Electric mobility / Electric vehicle ecosystem for gig economy. Founded by Anubhav Sharma, Abhijeet Saxena, Karan Singla, Shubham Srivastava.

Company: Elec Torq Technologies Private Limited
Sector: Automobile - EV
Location: New Delhi
Founders: Anubhav Sharma, Abhijeet Saxena, Karan Singla, Shubham Srivastava
Total funding raised: ₹66.69 Cr

Company overview

Baaz Bikes is an electric mobility platform focused on serving India’s gig-economy workforce, particularly last-mile delivery riders. Founded in 2019, the company designs cost-efficient electric scooters and operates a dense automated battery-swapping network (Baaz Swap) to eliminate charging downtime and range anxiety. By partnering with local bike rental operators and offering subscription-based access to vehicles and energy services, Baaz Bikes enables delivery workers to reduce operating costs, improve productivity, and transition from petrol to EVs in a scalable, asset-light manner.

Funding rounds

Latest round (Series A): $ 8.00 Mn (₹66.69 Cr.), 2023-11-21. Investors: BIG Capital