RaRa Delivery

Jakarta, Indonesia Founded: 2017 • Age: 9 yrs
On-demand last-mile logistics service provider

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.

Key Metrics
  • Annual Revenue
    ₹2.25 Cr

    FY 2022 · +468% YoY

  • Net Profit
    ₹19.9 Lakh

    FY 2022 · 9% margin

  • EBITDA
    ₹29.8 Lakh

    FY 2022 · 13% margin

  • Total Equity Funding
    $4.08M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.25M (USD), Series A

    Aug 2021

  • Investors

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 $4.08M
  • Total Rounds 2
  • Last Round Series A β€” $3.25M
  • First Round $830,000

    (Apr 2020)

  • Investors Count 7

All 2 funding rounds of RaRa Delivery with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2021$3.25MSeries A–Surge, East Ventures
Apr 2020$830,000Seed–500 Global
–
Valuation history

7 investors in total: 5 institutional and 2 angel.

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.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Acceleration is provided to startups across multiple sectors by Surge.
–surgeahead.com-
Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
–east.vc-
Venture capital and acceleration are provided to tech startups.
–500.coHo Chi Minh City, Vietnam
-
–angelcentral.co-
An investment-focused association is operated in Indonesia.
2020gkplugandplay.comJakarta, Indonesia

Yang Bin Kwok

-
–unknown_9691e3db7f1a4160b-

Royston Tay

-
–unknown_3533c767622e48049-
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Investor details for RaRa Delivery

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Board of directors of Rapid Rabbits India Private Limited (RaRa Delivery)

Rapid Rabbits India Private Limited is the primary company behind RaRa Delivery. The board of Rapid Rabbits India Private Limited currently have 2 directors; the longest-serving is Karan Bhardwaj, appointed in 2020. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Karan Bhardwaj
DIN 08881415
Director16 Sep 20206 yrsRapid Rabbits India Private Limited
Kanika Bhardwaj
DIN 09358316
Director13 Oct 20214 yrs 11 moRapid Rabbits India Private Limited

People of RaRa Delivery

3 people are tracked at RaRa Delivery (3 in team).

NameRoleGroup
Aditya Kumar
Senior Software EngineerTeam
Ayub Mahmudin
Customer Care SupervisorTeam
Mukesh Das
Software Technical LeadTeam
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Financials of RaRa Delivery

Figures of Rapid Rabbits India Private Limited, the primary company behind RaRa Delivery, for FY 2022. Revenue was ₹2.25 Cr (+468% year on year). Net profit was ₹19.9 Lakh (9% margin). EBITDA was ₹29.8 Lakh (13% margin).

  • ₹2.25 CrRevenue · FY 2022 · +468% YoY
  • ₹19.9 LakhNet profit · 9% margin
  • ₹29.8 LakhEBITDA · 13% margin
  • ₹1 LakhPaid-up capital
  • 9Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Rapid Rabbits India Private Limited are on its company page.

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Detailed financial statements for RaRa Delivery

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Timeline of RaRa Delivery

3 dated milestones of RaRa Delivery across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded RaRa Delivery is founded.
  2. Funding First funding round of $830K.
  3. Funding Latest funding round, Series A, of $3.2M.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
dropoff.com2014Austin, United States$17.37M133
Provider of on-demand courier services
dispatchit.com2016Bloomington, United States$71.69M116
Hyperlocal delivery services for businesses are provided with real-time tracking.
gorickshaw.com2013San Francisco, United States$125,000–
B2B delivery services are provided online using algorithms and apps.
partrunner.com2017Boston, United States$1.93M–
A logistics platform specializing in big and bulky product transportation.
skipcart.com2014Boerne, United States$11.54M–
On-demand hyperlocal delivery platform for businesses
metrospeedy.com2015New York, United States$5M–
Web-based on-demand last-mile delivery is provided for businesses and individuals.
partrunner.com2017Boston, United States$1.93M–
A logistics platform specializing in big and bulky product transportation.
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Detailed competitors of RaRa Delivery

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  • Operating metrics
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Verified entity values are shown only after access is granted.

Similar companies to RaRa Delivery

10 companies that operate in the same segment as RaRa Delivery (Logistics Technology & Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing and on-demand delivery services are aggregated via mobile app.
2012Singapore, SingaporeUSD 9.09 BUSD 3.37 B11,270
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.47 BUSD 10.72 B23,700
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,490
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.25 BUSD 1.12 B62,070
Online marketplace offering multi-category grocery products
2015Barcelona, Catalonia, SpainUSD 1.16 B––
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 344.42 MUSD 135.47 M800
App based platform offering on demand delivery and ride-hailing services
2010Jakarta, Jakarta, IndonesiaUSD 4.72 B––
Express delivery logistics solutions are provided for businesses and individuals.
2015Bengaluru, Karnataka, IndiaUSD 246.8 MUSD 447.86 M–
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B3,500
Wolt is operated as a delivery platform for food and groceries.
2014Helsinki, FinlandUSD 827.96 M––
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Frequently Asked Questions about RaRa Delivery

RaRa Delivery was founded in 2017 and raised its 1st funding round 3 years after it was founded.

RaRa Delivery is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.

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 2020.

The primary company behind RaRa Delivery, Rapid Rabbits India Private Limited, reported revenue of β‚Ή2.25 Cr for FY 2022, up 468% year on year.

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.

RaRa Delivery's top competitors include Dispatch, DropOff and Rickshaw.

RaRa Delivery has 7 investors. Key investors include GK Plug and Play, Surge, East Ventures, 500 Global, and AngelCentral.

RaRa Delivery operates through Rapid Rabbits India Private Limited.

The legal entities of RaRa Delivery currently have 2 directors, including Karan Bhardwaj, Kanika Bhardwaj.

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