Rapidai Software Solutions India Private Limited
About Rapidai Software Solutions India Private Limited
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Rapidai Software Solutions India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Ischemaview, Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 September 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022FTC166436. Its GSTIN is 29AAMCR1993C1Z1 (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Apul Kiritkumar Nahata and Amit Suryakant Phadnis.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.17 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹3.36 Cr (net margin 10.8%) and EBITDA of ₹4.92 Cr (EBITDA margin 15.8%).
The company has about 55 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rapidai Software Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor Indiqube Eta No 38/4 Adjacent To Emc2, Dodanekundi Outer Ring Road, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Rapidai Software Solutions India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Rapidai Software Solutions India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Rapidai Software Solutions India Private Limited, buy the company report.
Financials of Rapidai Software Solutions India Private Limited
FY 2025 filings availableRapidai Software Solutions India Private Limited reported revenue of ₹31.17 Cr (up 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 68% in the latest year. EBITDA rose 65% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹4.92 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.36 Cr | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 15.8% | ||
| Net Profit Margin | 10.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Rapidai Software Solutions India Private Limited, buy the company report.
Board of directors of Rapidai Software Solutions India Private Limited
Rapidai Software Solutions India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Apul Kiritkumar Nahata | Director | 23 Sep 2022 | 4 Years 1 Months | Current |
| Amit Suryakant Phadnis | Director | 23 Sep 2022 | 4 Years 1 Months | Current |
| David Scott Stoffel | Director | 16 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Rapidai Software Solutions India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matellio India Private Limited | ₹31.27 Cr (FY 2024) | -3.0% | Jodhpur, Rajasthan, India | |||
| Integrative Systems India Private Limited | ₹31.26 Cr (FY 2025) | 22.0% | Pune, Maharashtra, India | |||
| Qeros Software Consulting Private Limited | ₹31.22 Cr (FY 2025) | 79.0% | Pune, Maharashtra, India | |||
| Bitgo India Private Limited | ₹31.21 Cr (FY 2024) | 1034.0% | Chennai, Tamil Nadu, India | |||
| Prudent Globaltech Solutions Private Limited | ₹31.2 Cr (FY 2025) | 12.0% | Hyderabad, Telangana, India | |||
| Rapidai Software Solutions India Private Limitedthis company | ₹31.17 Cr (FY 2025) | ₹3.36 Cr | 10.8% | 68.0% | 55 | Bangalore, Karnataka, India |
| Krios Info Solutions Private Limited | ₹31.14 Cr (FY 2025) | 7.0% | Pune, Maharashtra, India | |||
| Vara Technology Private Limited | ₹31.14 Cr (FY 2025) | -39.0% | Kolkata, West Bengal, India | |||
| Tekarch Technology Private Limited | ₹31.12 Cr (FY 2025) | 49.0% | Mysore, Karnataka, India | |||
| Castaliaz Technologies Private Limited | ₹31.1 Cr (FY 2025) | 37.0% | Thane, Maharashtra, India | |||
| Triangulum Embedded Innovative Solutions Private Limited | ₹31.06 Cr (FY 2025) | 53.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Rapidai Software Solutions India Private Limited, buy the company report.
Auditor
Rapidai Software Solutions India Private Limited is audited by K N A V & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N A V & CO | FY 2023 | 120458W |
Shareholding
The shareholding of Rapidai Software Solutions India Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Rapidai Software Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rapidai Software Solutions India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Rapidai Software Solutions India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Suresh Surana & Associates LLP | |||
| Manas Merchandise Private Limited |
To see the full MSME payment records of Rapidai Software Solutions India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rapidai Software Solutions India Private Limited has a workforce of 55 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 55 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Rapidai Software Solutions India Private Limited, buy the company report.
GST
Rapidai Software Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCR1993C1Z1 | Karnataka | Active | 26 Nov 2022 |
To see the full GST registrations and return filing status of Rapidai Software Solutions India Private Limited, buy the company report.
Recent activity
Rapidai Software Solutions India Private Limited has 5 board changes on record since 2022: 4 appointments and 1 cessation. The latest: David Scott Stoffel was appointed as Director on 16 Sep 2025.
Frequently asked questions
Rapidai Software Solutions India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 September 2022 (4+ years old) and is registered under CIN U72900KA2022FTC166436.
Rapidai Software Solutions India has 3 current directors:
- Apul Kiritkumar Nahata - Director
- Amit Suryakant Phadnis - Director
- David Scott Stoffel - Director
The latest financial statements of Rapidai Software Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Rapidai Software Solutions India is 29AAMCR1993C1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Rapidai Software Solutions India is U72900KA2022FTC166436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rapidai Software Solutions India was incorporated on 23 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Rapidai Software Solutions India by revenue are Matellio India Private Limited, Integrative Systems India Private Limited, Qeros Software Consulting Private Limited, Bitgo India Private Limited, Prudent Globaltech Solutions Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
David Scott Stoffel was appointed as Director on 16 Sep 2025. Rekha Ashok Kapania ceased to be Director on 15 Dec 2022. Amit Suryakant Phadnis was appointed as Director on 23 Sep 2022. Rapidai Software Solutions India has 5 board changes on record in total.
Rapidai Software Solutions India has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 Apr 2024.
The registered office of Rapidai Software Solutions India is at 2nd Floor Indiqube Eta No 384 Adjacent To Emc2, Dodanekundi Outer Ring Road, Bangalore, Karnataka, India – 560048.
Rapidai Software Solutions India operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Rapidai Software Solutions India is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.
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