About RapidLoops
RapidLoops is a company based in Chennai (India) founded in 2019 by Arun Anbazhagan and Rajesh Krishnan. It operates as a Marketplace, and B2B. The company has 14 employees as of March 31, 2023. RapidLoops offers products and services including RapidLoops Platform, Shipping Management Tool, and Trucker App. RapidLoops operates in a competitive market with competitors including BlackBuck, Vahak, Celcius, Lobb and Trans India, among others.
- Headquarter Chennai, India
- Employees 14 as on 31 Mar, 2023
- Founders Arun Anbazhagan, Rajesh Krishnan
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Rapidloops Logistics Private Limited
- Date of Incorporation 31 Jan, 2019
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$3.54 M (USD)86.48as on Mar 31, 2023
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Net Profit
$12.05 K (USD)-26.18as on Mar 31, 2023
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EBITDA
$20.83 K (USD)-42.05as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
14
as on Mar 31, 2023
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Products & Services of RapidLoops
RapidLoops offers a comprehensive portfolio of products and services, including RapidLoops Platform, Shipping Management Tool, and Trucker App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing trucking connections and efficiencies
Tool for booking and tracking shipments in real-time
App for truckers to access loads and receive payments
Funding Insights of RapidLoops
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by RapidLoops
| 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 - RapidLoops
| 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 |
Rapidloops Comparisons
Competitors of RapidLoops
RapidLoops 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 BlackBuck, Vahak, Celcius, Lobb and Trans India, 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 |
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| domain | founded_year | HQ Location |
Fleet operators are connected with truckers through a digital marketplace.
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| domain | founded_year | HQ Location |
An app-based marketplace is operated for cargo transportation bookings.
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| domain | founded_year | HQ Location |
Cold chain logistics solutions are booked through an online platform.
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| domain | founded_year | HQ Location |
Provider of a digital freight brokerage platform connecting transporters and truckers
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| domain | founded_year | HQ Location |
Online marketplace that connects truck owners with load owners
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| domain | founded_year | HQ Location |
Technology-enabled platform for transportation management services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about RapidLoops
When was RapidLoops founded?
RapidLoops was founded in 2019.
Where is RapidLoops located?
RapidLoops is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
How many employees does RapidLoops have?
As of Mar 31, 2023, the latest employee count at RapidLoops is 14.
What is the annual revenue of RapidLoops?
Annual revenue of RapidLoops is $3.54M as on Mar 31, 2023.
What does RapidLoops do?
RapidLoops provides an AI-driven technology platform that optimizes trucking logistics in India by connecting shippers and truckers. It offers features like easy booking, live tracking, instant payments, and process transparency to reduce inefficiencies and costs. Based in Chennai, the company serves businesses in the road freight industry, enhancing driver accountability and supply chain efficiency.
Who are the top competitors of RapidLoops?
What products or services does RapidLoops offer?
RapidLoops offers RapidLoops Platform, Shipping Management Tool, and Trucker App.