RapidLoops

Chennai, India Founded: 2019 • Age: 7 yrs
AI-driven platform simplifies trucking logistics for shippers and truckers.

About RapidLoops

RapidLoops is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2019 by Arun Anbazhagan and Rajesh Krishnan. AI-driven platform simplifies trucking logistics for shippers and truckers. It operates on a Marketplace and B2B model in Transportation, Automotive & Logistics and Technology sectors. The company has 14 employees. Its Indian entity Rapidloops Logistics Private Limited reported revenue of β‚Ή33.47 Cr. RapidLoops offers products and services including RapidLoops Platform, Shipping Management Tool, and Trucker App. Its focus areas include Logistics, Logistics Tech, Trucking and Bulk Cargo Logistics. Its competitors include BlackBuck, Vahak and Celcius; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Chennai, India
  • Employees 14
  • Founders Arun Anbazhagan, Rajesh Krishnan
  • Sectors
    Transportation, Automotive & Logistics
    Technology
  • Email
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  • Phone
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  • Website rapidloops.com
  • Social X
  • Legal Name Rapidloops Logistics Private Limited
  • Date of Incorporation 31 Jan, 2019
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹33.47 Cr

    FY 2024 · +14% YoY

  • Net Profit
    ₹16.6 Lakh

    FY 2024 · 0% margin

  • EBITDA
    ₹66.8 Lakh

    FY 2024 · 2% margin

  • Employee Count
    14

Products & Services of RapidLoops

RapidLoops offers a comprehensive portfolio of products and services, including RapidLoops Platform, Shipping Management Tool, and Trucker App.

RapidLoops Platform
Logistics Platform

Platform for managing trucking connections and efficiencies

Shipping Management Tool
Supply Chain Tool

Tool for booking and tracking shipments in real-time

Trucker App
Mobile Application

App for truckers to access loads and receive payments

Board of directors of Rapidloops Logistics Private Limited (RapidLoops)

Rapidloops Logistics Private Limited is the primary company behind RapidLoops. The board of Rapidloops Logistics Private Limited currently have 2 directors; the longest-serving is Vijay Prakash Jeyaseelan, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vijay Prakash Jeyaseelan
DIN 02665153
Director31 Jan 20197 yrs 8 moRapidloops Logistics Private Limited
Anbazhagan Arun
DIN 02665139
Director31 Jan 20242 yrs 8 moRapidloops Logistics Private Limited

People of RapidLoops

2 people are tracked at RapidLoops (2 in leadership); the tracked headcount is 14.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of RapidLoops

Figures of Rapidloops Logistics Private Limited, the primary company behind RapidLoops, for FY 2024. Revenue was ₹33.47 Cr (+14% year on year). Net profit was ₹16.6 Lakh (0% margin). EBITDA was ₹66.8 Lakh (2% margin). Revenue has grown at a compounded annual rate of +89% over three years.

  • ₹33.47 CrRevenue · FY 2024 · +14% YoY
  • ₹16.6 LakhNet profit · 0% margin
  • ₹66.8 LakhEBITDA · 2% margin
  • ₹50.4 LakhPaid-up capital
  • 14Employees (provident fund records)
  • +89%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Rapidloops Logistics Private Limited are on its company page.

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Detailed financial statements for RapidLoops

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Competitors of RapidLoops

RapidLoops has 3 listed competitors in our database, 3 of them funded. They include BlackBuck, Vahak and Celcius.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
blackbuck.com2015Bengaluru, India$358.82M1,545
Fleet operators are connected with truckers through a digital marketplace.
vahak.in2017Bengaluru, India$25.89M174
An app-based marketplace is operated for cargo transportation bookings.
celcius.in2020Navi Mumbai, India$54.49M256
Cold chain logistics solutions are booked through an online platform.
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Detailed competitors of RapidLoops

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Top companies in Trucking

2 companies that operate in the same segment as RapidLoops (Trucking) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multimodal logistics and supply chain solutions are provided comprehensively.
1958Gurugram, Haryana, IndiaUSD 524.07 M13,460
Integrated supply chain and mobility solutions are provided globally.
2009Mumbai, Maharashtra, IndiaUSD 33.05 MUSD 745.97 M4,100
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Frequently Asked Questions about RapidLoops

RapidLoops was founded in 2019.

RapidLoops is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

RapidLoops has 14 employees.

The primary company behind RapidLoops, Rapidloops Logistics Private Limited, reported revenue of β‚Ή33.47 Cr for FY 2024, up 14% year on year.

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.

RapidLoops's top competitors include BlackBuck, Celcius and Vahak.

RapidLoops offers RapidLoops Platform, Shipping Management Tool, and Trucker App.

RapidLoops operates through Rapidloops Logistics Private Limited.

The legal entities of RapidLoops currently have 2 directors, including Anbazhagan Arun, Vijay Prakash Jeyaseelan.

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