Funding · Government, Defense & Space

BAAS Technologies raises Rs 5 crore pre-seed round

What they do

BAAS Technologies builds reusable launch vehicles for research institutions and commercial space companies

It raised Rs 5 crore ($0.5 million) in a pre-seed round led by Inflection Point Ventures

The company plans to expand into Latin America, Middle East, Southeast Asia, and Australia

BAAS Technologies raised Rs 5 crore ($0.5 million) in a pre-seed funding round.
The round was led by Inflection Point Ventures.
SINE IIT Bombay and a group of private angel investors also participated.
The company will use the funds to advance R&D on liquid and solid propulsion systems.
It will also build a static test facility and manufacturing infrastructure.
The funds will help grow the engineering and operations teams and meet regulatory compliance.
BAAS Technologies plans to achieve engine and flight-testing milestones.

India's domestic satellite launch services market is projected to grow from $399 million in 2025 to $1.58 billion by 2033 at an 18.2% CAGR.
The company has completed paid pilot programs in India and is scaling its commercial footprint internationally.
It is incubated by SINE IIT Bombay, ARAI-AMTIF, and AIC-JKLU.

BAAS Technologies builds reusable sub-orbital and orbital launch vehicles for research institutions and commercial space companies.
It designs and develops its own solid and liquid rocket propulsion systems.
The company is registered in Nashik and has its R&D office and propulsion testing facility in Pune, Maharashtra.
It is incubated by SINE IIT Bombay, ARAI-AMTIF, and AIC-JKLU.
The company has 11 employees as of the last 90 days.
It has 27 total shareholders as of 21 Jan 2026.
Founders collectively hold 78.1% equity as of 21 Jan 2026.
Investors collectively hold 11.1% equity as of 21 Jan 2026.
The ESOP pool is 10.8% of total equity as of 21 Jan 2026.

Advance R&D on liquid and solid propulsion systems.
Build a static test facility and manufacturing infrastructure.
Procure equipment and raw materials.
Grow engineering and operations teams.
Meet regulatory compliance.
Achieve engine and flight-testing milestones.
Set up a 100 kN Rocket Propulsion Testing Facility in Pune for static fire testing, engine validation, and commercialization.
Expand into Latin America, Middle East, Southeast Asia, and Australia.

Product: Reusable sub-orbital and orbital launch vehicles with indigenous solid and liquid rocket propulsion systems for commercial, research, and government missions
Customers: Research institutions, commercial space companies, and government space agencies seeking affordable launch solutions
How it makes money: Launch services provider charging for satellite and payload deployment
What sets it apart: Indigenous rocket propulsion systems design and development; 100 kN Rocket Propulsion Testing Facility for static fire testing and engine validation