ElecTorq Technologies (Baaz Bike)

ElecTorq Technologies, known as Baaz Bikes, is revolutionizing urban mobility from its New Delhi headquarters. Founded in 2019, the company focuses on the gig economy, offering a comprehensive EV ecosystem that includes advanced electric scooters, connected intelligence systems, and efficient fleet management platforms. With a commitment to supporting gig workers, ElecTorq has introduced innovative battery-swapping infrastructure to minimize downtime and enhance productivity. Securing $8 million in Series A funding, ElecTorq is poised to advance automated battery-swapping technologies, driving sustainability and profitability in urban transportation.


5/16/20242 min read

ElecTorq Technologies (Baaz Bike)
ElecTorq Technologies (Baaz Bike)

From Delhi to the World: ElecTorq's Ambitious Plan to Transform Urban Mobility

In the bustling streets of urban landscapes, where the rhythm of life moves unwavering, ElecTorq Technologies emerges as a beacon of innovation and sustainability in the electric vehicle (EV) ecosystem. Founded in 2019 and headquartered in the heart of New Delhi, India, this trailblazing company has carved a niche by focusing on the gig economy—a sector characterized by temporary positions and organizations that operate on flexible, freelance jobs. ElecTorq Technologies, also known in the market under its brand name Baaz Bikes, is not just a business but a visionary pursuit aimed at redefining mobility for the new age.

At its core, ElecTorq Technologies offers a comprehensive full-stack solution that spans the entire gamut of EV needs—from meticulously engineered electric scooters designed to navigate the urban sprawl to advanced connected intelligence systems that offer real-time insights, all the way to robust fleet management platforms that promise efficiency and reliability. This integrated approach ensures that both consumer and commercial fleet operators have access to an ecosystem that is seamless and elevates urban mobility standards.

What sets ElecTorq apart is its unwavering commitment to supporting gig workers, the silent warriors of the urban economy who ensure the smooth delivery of services against all odds. ElecTorq has developed a battery-swapping infrastructure to revolutionize delivery by recognising these individuals' unique challenges. This innovation aims to minimize downtime and maximize the productivity of gig workers, thereby offering a lifeline to those who rely on quick and efficient transportation for their livelihood.

The journey of ElecTorq Technologies is one of bold ambition and strategic growth. In a significant endorsement of its vision and potential, the company secured $8 million in a Series A funding round. This financial injection, led by Singapore-based BIG Capital with contributions from Rakuten Capital, is earmarked to enhance ElecTorq’s product offerings. This includes the development of automated battery-swapping technologies—a game-changer that promises to make electric mobility more accessible and practical for everyday use.

ElecTorq’s foray into the electric mobility space is more than just a business venture; it is a movement towards creating a sustainable future. By focusing on India-specific mobility solutions and leveraging data-based learning from multiple sensors, ElecTorq aims to reduce fleet downtime and push businesses towards greater profitability. Doing so is paving the way for a greener tomorrow and empowering the gig economy workforce with tools and technologies that enable them to thrive in a competitive landscape.

As we stand on the cusp of a transportation revolution, ElecTorq Technologies represents a shining example of how innovation can profoundly impact society when aligned with sustainability and efficiency. It is a testament to the power of human ingenuity in harnessing technology to solve real-world problems, making the world a better place, one electric scooter at a time.

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