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 10 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
*********
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Website
*********
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Social
*********
- 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 10 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 10 strategic funding rounds. The most recent funding activity was a Angel Round 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.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Angel Round — $63,415
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First Round
First Round
(27 Feb 2019)
- Investors Count 41
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Angel Round - RapidBox | Valuation | Himanshu Varshney | |
| Sep, 2023 | Amount | Series A - RapidBox | Valuation | SIG , Merisis | |
| Mar, 2023 | Amount | Series A - RapidBox | Valuation | Trifecta Capital , Ramesh Arthanari |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Independent VC firm
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Founded Year | Domain | Location | |
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Investment in Indian startups across technology and fintech sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed and late stage investments
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RapidBox
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RapidBox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rapidbox Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Unisex lifestyle sneakers are designed and sold online by Comet.
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| domain | founded_year | HQ Location |
Eco-friendly footwear is provided online by Neeman's.
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| domain | founded_year | HQ Location |
Streetwear-inspired sneakers are provided through a direct-to-consumer platform.
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| domain | founded_year | HQ Location |
Internet first brand offering footwear for women and men
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| domain | founded_year | HQ Location |
An e-commerce platform offering a range of shoes for men and women
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rapidbox
Frequently Asked Questions about RapidBox
When was RapidBox founded?
RapidBox was founded in 2019.
Where is RapidBox located?
RapidBox is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is RapidBox a funded company?
RapidBox is a funded company, having raised a total of $9.49M across 10 funding rounds to date. The company's 1st funding round was a Series A of $551.21K, raised on Feb 27, 2019.
How many employees does RapidBox have?
As of Apr 09, 2024, the latest employee count at RapidBox is 749.
What is the annual revenue of RapidBox?
Annual revenue of RapidBox is $2.98M as on Mar 31, 2023.
What does RapidBox do?
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.
Who are the top competitors of RapidBox?
Who are RapidBox's investors?
RapidBox has 41 investors. Key investors include BlackSoil, Wellfound, Suashish, Susquehanna, and India Quotient.
What is RapidBox's valuation?
The valuation of RapidBox is $10.7M as of Mar 2025.