Baaz Bikes Set to Raise ₹46.22 Crore in Series B Round Led by BIG Capital

Electric mobility startup Baaz Bikes is set to raise ₹46.22 crore in a Series B funding round led by BIG Capital, with participation from existing investor Kalaari Capital and Aravind Sanka. Founded by Anubhav Sharma and Shubham Srivastava, the company provides subscription-based electric scooters and battery-swapping services to gig workers associated with platforms such as Zomato, Swiggy, Zepto and Amazon.

The company plans to use the fresh capital for product development, capital expenditure and working capital. By making electric mobility more accessible to delivery partners, Baaz Bikes is addressing a key challenge in India's growing gig economy.

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