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Investing Stage & Year
Pre-Series A, 2022
Pre-Series A, 2022
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Founding Year
2019
Status
Active
EV
Mobility
Mobility Platform for Gig Workers
Baaz Bike is a Mobility Platform which helps Gig Workers to efficiently make deliveries with least cost by its in-house designed Cost Efficient Bikes (Baaz Bikes) provided by the Local Bike Rental Partners, with practically an infinite range supported by its Dense Automated Battery Swapping Infrastructure (Baaz Swap).
Leadership
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Why Did Kalaari Invest in Baaz Bikes?
Baaz bikes has built an indigenous, end-to-end EV mobility (bike, energy & software) platform that fuels the gig economy and multiplies the earning potential of a gig worker while empowering the workforce socially and economically. The delivery segment will be the largest contributor to the growth of the gig economy, and will be critical in expanding Quick commerce, projected to be a $5.5 billion market opportunity by 2025 (gig economy will contribute $105B to India’s GDP by 2030).
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