About MyRapid
MyRapid is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2001. On-demand taxi rides, deliveries, and driver opportunities through mobile app. It operates on a B2C and D2C model. Its Indian entity Global Turner Limited reported revenue of ₹7.1 Lakh. MyRapid offers products and services including MyRapid App and Driver App. Its focus areas include Consumer, Logistics Tech, Delivery and On-Demand. Its competitors include Savaari, Meru and Gozocabs; 3 of its 3 listed competitors have raised funding.
Company details
MyRapid provides affordable on-demand taxi and delivery services through a mobile application, connecting users with drivers for seamless transportation and goods delivery in Bengaluru, India. It also offers flexible driving opportunities and fleet management tools for individuals and businesses, enabling earnings through rides and rentals. The service focuses on reliable, user-friendly solutions for daily commutes and logistics needs, serving consumers and partners across urban areas.
- Headquarters Bengaluru, India
- Employees 1
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website myrapid.in
- Social X
- Legal Name Global Turner Limited
- Date of Incorporation 27 Jul, 2021
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹7.1 Lakh
FY 2023 · +45% YoY
- Net Profit₹33,784
FY 2023 · 5% margin
- EBITDA₹48,058
FY 2023 · 7% margin
- Employee Count1
Associated legal entities of MyRapid
MyRapid operates through Global Turner Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Global Turner Limited CIN U72900KA2021PLC149998 | Active | 27 Jul 2021 | Bengaluru, Karnataka | ₹0.1 Cr | 4 | View details |
Products & Services of MyRapid
MyRapid offers a comprehensive portfolio of products and services, including MyRapid App and Driver App.
Mobile app for booking on-demand taxis and deliveries.
App for drivers to handle rides, earnings, and fleet tools.
Board of directors of Global Turner Limited (MyRapid)
Global Turner Limited is the primary company behind MyRapid. The board of Global Turner Limited currently have 4 directors; the longest-serving is Krish Raj Gupta, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krish Raj Gupta DIN 09256406 | Director | 27 Jul 2021 | 5 yrs 3 mo | Global Turner Limited |
| Sunila Gupta DIN 08624952 | Director | 27 Jul 2021 | 5 yrs 3 mo | Global Turner Limited |
| Amit Gaurav DIN 08624994 | Director | 27 Jul 2021 | 5 yrs 3 mo | Global Turner Limited |
| Sharmila Kumari DIN 07572333 | Director | 27 Jul 2021 | 5 yrs 3 mo | Global Turner Limited |
Financials of MyRapid
Figures of Global Turner Limited, the primary company behind MyRapid, for FY 2023. Revenue was ₹7.1 Lakh (+45% year on year). Net profit was ₹33,784 (5% margin). EBITDA was ₹48,058 (7% margin).
- ₹7.1 LakhRevenue · FY 2023 · +45% YoY
- ₹33,784Net profit · 5% margin
- ₹48,058EBITDA · 7% margin
- ₹2.6 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Global Turner Limited are on its company page.
Detailed financial statements for MyRapid
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of MyRapid
MyRapid has 3 listed competitors in our database, 3 of them funded. They include Savaari, Meru and Gozocabs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| savaari.com | 2006 | Bengaluru, India | $5.93M | 192 | App-based intercity ride-hailing aggregator | |
| meru.in | 2007 | Mumbai, India | $135.07M | 23 | Ride-hailing services are facilitated via an app-based platform. | |
| gozocabs.com | 2012 | Chandigarh, India | $2.17M | 58 | Inter-city taxi bookings are enabled via a mobile app platform. |
Detailed competitors of MyRapid
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as MyRapid (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Frequently Asked Questions about MyRapid
MyRapid was founded in 2001.
MyRapid is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
MyRapid has 1 employees.
The primary company behind MyRapid, Global Turner Limited, reported revenue of ₹7.1 Lakh for FY 2023, up 45% year on year.
MyRapid provides affordable on-demand taxi and delivery services through a mobile application, connecting users with drivers for seamless transportation and goods delivery in Bengaluru, India. It also offers flexible driving opportunities and fleet management tools for individuals and businesses, enabling earnings through rides and rentals. The service focuses on reliable, user-friendly solutions for daily commutes and logistics needs, serving consumers and partners across urban areas.
MyRapid offers MyRapid App and Driver App.
MyRapid operates through Global Turner Limited.
The legal entities of MyRapid currently have 4 directors, including Krish Raj Gupta, Sunila Gupta, Amit Gaurav and others.