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Baaz Bikes raises $8m for Delhi expansion
Baaz Bikes, which makes electric two-wheelers for gig workers, has secured US$8 million in a series A funding round. The firm, known for its automated battery-swapping system, is planning to expand its operations in Delhi and refine its product range.
BIG Capital, Rakuten Capital, Kalaari Capital, 9Unicorns, and Indian businessman Sumant Sinha participated in the round.
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