BAAS Technologies
Space Tech
Pre-Seed
Maharashtra, India
BAAS Technologies Pvt. Ltd. is an end-to-end Indian rocket company developing cost-effective, reusable sub-orbital and orbital launch vehicles. Founded in 2024, BAAS is addressing India’s satellite launch gap by offering affordable, high-frequency “launch-as-a-service” solutions for commercial, research, and academic payloads.
The company has successfully demonstrated sub-orbital launches with its TRL-9 “Celsius” rocket and signed MoUs for upcoming payload missions. Its next sub-orbital vehicle is already at TRL-7 and approaching its first test launch.
BAAS’s differentiated model — generating revenue through R&D-linked missions while advancing toward orbital capability — uniquely positions it among India’s emerging private launch pioneers.
Founders
Tanmay Kanmahale
Director
Executive
BE (Production Engineering)
From Pune University, Maharashtra
Strength: Project Managment,
Company Operations
4+ yrs in STES Rocketry
Ex-SEDEMAC, Bharat Forge.
Atharva Pingale
Director
Manufacturing Operations
BE (Mechanical Engineering)
From Pune University, Maharashtra
Strength: Supply Chain and
Manufacturing
4+ yrs in STES Rocketry
Ex-U-Tech Automation &
Machining.
Shriniwas Hase
Vice President Avionics
Strength: Avionics and Technical
Outreach,
BE (Computer Engineering)
From Pune University, Maharashtra
3+ yrs in STES Rocketry
Prashant Patil
Director
Technology & Finance
BE (Information Technology)
From Pune University, Maharashtra
Strength: Propulsion, Vehicle
Dynamics
4+ yrs in STES Rocketry
Ex-RocketPy, Brazil
Swayam Sonar
Director
Product Development &
Engineering
BE (Computer Engineering)
From Pune University, Maharashtra
Strength: Mission Design and
Vehicle Engineering
3+ yrs in STES Rocketry
Key Highlights
Rocket Recovery
Parachute, Floatation &
Propulsive Landing
Launch-as-a-Service
Reducing Cost with Faster Turnaround
Altitude
Celsius 20km
Fahrenheit 100km
TRL
Celsius 9
Fahrenheit 7
SubOrbital Launch
Celsius- Accomplished
Fahrenheit-
1st Launch Estimated in Jan’2027
Target Payload
100 Kg Leo
Key and Current Investors
Deal Details
Current Deal Round
Pre-Seed
Round Size
INR 6.5 Cr (4.15 Cr committed)
Instrument
CCPS
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Valuation
40Cr
Minimum Ticket Size per Investor
INR 3,00,000
*AIF Condition : Consolidated commitment for AIF should be more than INR 25 Lacs to qualify as a valid entry to the cap table
