About RaRa Delivery
RaRa Delivery is a company based in Jakarta (Indonesia) founded in 2017.. RaRa Delivery has raised $4.08 million across 2 funding rounds from investors including GK Plug and Play, Surge and East Ventures. RaRa Delivery operates in a competitive market with competitors including DropOff, Dispatch, Rickshaw, PartRunner and Skipcart, among others.
- Headquarter Jakarta, Indonesia
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
- Legal Name Rapid Rabbits India Private Limited
- Date of Incorporation 16 Sep, 2020
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$272.54 K (USD)468.37as on Mar 31, 2022
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Net Profit
$24.06 K (USD)3821.6as on Mar 31, 2022
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EBITDA
$36.1 K (USD)3615.89as on Mar 31, 2022
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Total Equity Funding
$4.08 M (USD)
in 2 rounds
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Latest Funding Round
$3.25 M (USD), Series A
Aug 16, 2021
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Investors
GK Plug and Play
& 6 more
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Employee Count
Employee Count
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Funding Insights of RaRa Delivery
RaRa Delivery has successfully raised a total of $4.08M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.25 million completed in August 2021. 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 2
- Last Round Series A — $3.2M
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First Round
First Round
(06 Apr 2020)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series A - RaRa Delivery | Valuation | Surge , East Ventures | |
| Apr, 2020 | Amount | Seed - RaRa Delivery | Valuation | 500 Global |
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| 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 RaRa Delivery
RaRa Delivery has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include GK Plug and Play, Surge and East Ventures. 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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Acceleration is provided to startups across multiple sectors by Surge.
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Founded Year | Domain | Location | |
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Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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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 RaRa Delivery
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - RaRa Delivery
| 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 |
Rara Delivery Comparisons
Competitors of RaRa Delivery
RaRa Delivery 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 DropOff, Dispatch, Rickshaw, PartRunner and Skipcart, 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 |
Provider of on-demand courier services
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| domain | founded_year | HQ Location |
Hyperlocal delivery services for businesses are provided with real-time tracking.
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| domain | founded_year | HQ Location |
B2B delivery services are provided online using algorithms and apps.
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| domain | founded_year | HQ Location |
A logistics platform specializing in big and bulky product transportation.
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| domain | founded_year | HQ Location |
On-demand hyperlocal delivery platform for businesses
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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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Frequently Asked Questions about RaRa Delivery
When was RaRa Delivery founded?
RaRa Delivery was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is RaRa Delivery located?
RaRa Delivery is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Is RaRa Delivery a funded company?
RaRa Delivery is a funded company, having raised a total of $4.08M across 2 funding rounds to date. The company's 1st funding round was a Seed of $830K, raised on Apr 06, 2020.
What is the annual revenue of RaRa Delivery?
Annual revenue of RaRa Delivery is $272.54K as on Mar 31, 2022.
What does RaRa Delivery do?
RaRa Delivery was founded in 2017 in Jakarta, Indonesia, as a logistics provider focused on last-mile delivery. Orders for pickup and transport are placed via a mobile app or API integration. Machine learning algorithms are employed to optimize routes, pickups, and vehicle capacity. Operations remain in beta stage as of July 2017, serving the on-demand delivery sector in urban areas.
Who are the top competitors of RaRa Delivery?
Who are RaRa Delivery's investors?
RaRa Delivery has 7 investors. Key investors include GK Plug and Play, Surge, East Ventures, 500 Global, and AngelCentral.
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