# Baaz Bikes

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/baaz-bikes

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: New Delhi, India
- Website: www.baaz.bike/
- Total disclosed funding: $13M
- Latest round: Series A (Jul 30, 2025)
- Investors on record: 5

## About

Based in India, Elec Torq Technologies Private Limited, trading under the name Baaz Bikes, specializes in innovative technological solutions aimed at enhancing efficiency across various sectors, particularly focusing on electric and torque technologies. Elec Torq Technologies Private Limited, founded in 2019, operates from Delhi, India, delivering advanced solutions in electric torque technology. The company has undertaken a Series A funding round in November 2023, raising a total of USD 8.00 mn, with participation from notable investors including 100Unicorns, Kalaari Capital, and Rakuten Capital. The firm was co-founded by Abhijeet Saxena, Anubhav Sharma, Karan Singla, Sahil Malik, and Shubham Srivastava, who brought diverse expertise to the venture. In July 2025, Baaz Bikes raised INR 190.8 million in series A-1 funding led by Big Capital, with participation from Rakuten Capital and Kalaari Capital. Individual and other unspecified investors also participated in the round. Elec Torq Technologies offers a range of products focused on electric torque solutions, catering to industries that require precise torque control and efficiency enhancements. These solutions are designed to support a wide array of applications, and the company targets diverse clients across various sectors, including automotive and manufacturing, striving to improve operational reliability and performance.In the most recent fiscal year of 2023, Elec Torq Technologies reported a revenue of USD 75,133.10 and an EBITDA of USD -588,741.90, reflecting the company's current investments in growth and development. In November 2023, Elec Torq Technologies Private Limited plans to utilize the USD 8.00 mn raised in its Series A funding round to expand its product offerings aimed at the Gig Economy, further enhancing its market presence. The company is focusing on developing new technological solutions that will be launched in the upcoming year, while also targeting expansion into international markets, specifically in North America and Europe, by mid-2024.

## Funding rounds

- Series A, Jul 30, 2025, $2.2M — Kalaari Capital, Rakuten Capital, Big Capital
- Series A, Nov 21, 2023, $8M — Kalaari Capital, Rakuten Capital, 100Unicorns, Big Capital
- Seed, Feb 22, 2022, $2M — Kalaari Capital, AdvantEdge Founders, 100Unicorns
- Seed, Apr 16, 2021, $0.2M — AdvantEdge Founders, 100Unicorns
- Seed, Dec 7, 2020, $0.3M — 100Unicorns
- Seed, Feb 13, 2020, $0.1M — AdvantEdge Founders

## Investors

- AdvantEdge Founders (https://capitalatlas.ai/funds/advantedge-founders) — Seed
- 100Unicorns (https://capitalatlas.ai/funds/100unicorns) — Seed, Series A
- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Seed, Series A
- Rakuten Capital (https://capitalatlas.ai/funds/rakuten-capital) — Series A
- Big Capital — Series A