About RapidBox
RapidBox is a company based in Bengaluru (India) founded in 2019 by Jhamkudevi, Arun Paliwal, and Manoj Baranwal. RapidBox has raised $9.49 million across 11 funding rounds from investors including BlackSoil, Wellfound and Suashish. The company has 749 employees as of April 09, 2024. RapidBox operates in a competitive market with competitors including Comet, Neeman's, CHK, Funkfeets and Joybean Shoes, among others.
- Headquarter Bengaluru, India
- Employees 749 as on 09 Apr, 2024
- Founders Jhamkudevi, Arun Paliwal, Manoj Baranwal
- Stage Minicorn
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Sectors
Retail
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Trusource Technology Private Limited
- Date of Incorporation 21 Feb, 2017
- Jurisdiction Nelamangala, Karnataka, India
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Annual Revenue
$2.98 M (USD)16.46as on Mar 31, 2023
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Net Profit
-$2.04 M (USD)-176.78as on Mar 31, 2023
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EBITDA
-$1.8 M (USD)-213.15as on Mar 31, 2023
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Total Equity Funding
$9.49 M (USD)
in 11 rounds
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Latest Funding Round
$63.42 K (USD), Angel Round
Mar 10, 2025
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Investors
BlackSoil
& 40 more
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Employee Count
749
as on Apr 09, 2024
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Funding Insights of RapidBox
RapidBox has successfully raised a total of $9.49M across 11 strategic funding rounds. The most recent funding activity was a Angel Round of $63.42 thousand completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in RapidBox
RapidBox has secured backing from 41 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include BlackSoil, Wellfound and Suashish.
| Investor | Description | Founded Year | Domain | Location |
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Independent VC firm
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Investment in Indian startups across technology and fintech sectors.
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Venture capital firm focused on seed and late stage investments
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Investor details for RapidBox
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Investments & Acquisitions by RapidBox
Investment portfolio details for RapidBox
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Financial Statements - RapidBox
Detailed financials for RapidBox
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Rapidbox Comparisons
Peer comparison for RapidBox
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Competitors of RapidBox
RapidBox operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Comet, Neeman's, CHK, Funkfeets and Joybean Shoes, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Unisex lifestyle sneakers are designed and sold online by Comet.
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Eco-friendly footwear is provided online by Neeman's.
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Streetwear-inspired sneakers are provided through a direct-to-consumer platform.
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Internet first brand offering footwear for women and men
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An e-commerce platform offering a range of shoes for men and women
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Detailed competitors of RapidBox
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Rapidbox
Complete news archive for RapidBox
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Frequently Asked Questions about RapidBox
RapidBox was founded in 2019.
RapidBox is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
RapidBox is a funded company, having raised a total of $9.49M across 11 funding rounds to date.
As of Apr 09, 2024, the latest employee count at RapidBox is 749.
Annual revenue of RapidBox is $2.98M as on Mar 31, 2023.
RapidBox was established in 2019 in Bengaluru, India, as an e-commerce entity in the fashion sector. A range of apparel and footwear, including performance t-shirts, sports jackets, shoes, and sneakers, is distributed through its digital platform. Operations are managed with an integrated manufacturing unit to oversee quality and costs. An Android application is utilized for user access, incorporating a reward points system for product sharing among friends.
RapidBox has 41 investors. Key investors include BlackSoil, Wellfound, Suashish, Susquehanna, and India Quotient.
The valuation of RapidBox is $10.7M as of Mar 2025.