About Rapidmind Technologies Private Limited
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Rapidmind Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 18 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC109655. Its GSTIN is 29AAICR7293M1ZF (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suhas Holla and Veerabhadrachar Santhebennur Madhukar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 152 Ground Floor 12th Cross Sarakki Main Road J P Nagar 1st Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.1 Lakh. For the same year it recorded a net loss of ₹6.96 Lakh (net margin -27.7%) and EBITDA of -₹6.01 Lakh (EBITDA margin -23.9%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 6% over five years.
The company is associated with 2 brands: Rapidmind Technologies and Rapidmind.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website therapidmind.com.
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- Website
- Social Media
- Registered AddressNo. 152 Ground Floor 12th Cross Sarakki Main Road J P Nagar 1st Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Software Development & Support Services
- 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
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Business Activity of Rapidmind Technologies Private Limited
The main business activity of Rapidmind Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Rapidmind Technologies Private Limited FY 2025 filings available
Rapidmind Technologies Private Limited reported revenue of ₹25.1 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rapidmind Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years. EBITDA rose 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Rapidmind Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹6.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.96 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Rapidmind Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -27.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rapidmind Technologies are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rapidmind Technologies Private Limited
Rapidmind Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Massoft Infosystems Private Limited | ₹25.25 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Delhi, India |
| Infobind Software Services Private Limited | ₹25.24 Lakh (FY 2024) | •••• | •••• | 22.0% | •••• | Indore, Madhya Pradesh, India |
| Mobeltech Software Solutions Private Limited | ₹25.19 Lakh (FY 2024) | •••• | •••• | 107.0% | •••• | Faridabad, Haryana, India |
| Geeklurn AI Software Solutions Private Limited | ₹25.19 Lakh (FY 2022) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Digiprotek Consulting and Services Private Limited | ₹25.15 Lakh (FY 2025) | •••• | •••• | 41.0% | •••• | Bangalore, Karnataka, India |
| Rapidmind Technologies Private Limited this company | ₹25.1 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Krny Innovations Private Limited | ₹25.06 Lakh (FY 2025) | •••• | •••• | 20.0% | •••• | Thane, Maharashtra, India |
| Extract Software Private Limited | ₹25.06 Lakh (FY 2020) | •••• | •••• | 76.0% | •••• | Kolhapur, Maharashtra, India |
| Neudeep Technologies Private Limited | ₹24.98 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | Pune, Maharashtra, India |
| Kloudworx Technologies Private Limited | ₹24.97 Lakh (FY 2024) | •••• | •••• | 198.0% | •••• | Chennai, Tamil Nadu, India |
| Talk Wisely Platforms Private Limited | ₹24.91 Lakh (FY 2025) | •••• | •••• | 270.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Rapidmind Technologies by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Rapidmind Technologies Private Limited
Rapidmind Technologies Private Limited is audited by H V VISWANATHA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H V VISWANATHA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rapidmind Technologies Private Limited
Rapidmind Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suhas Holla | Director | 18 Jan 2018 | 8 Years 8 Months | Current |
| Veerabhadrachar Santhebennur Madhukar | Director | 18 Jan 2018 | 8 Years 8 Months | Current |
Ownership and Shareholding of Rapidmind Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rapidmind Technologies Private Limited
Rapidmind Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Rapidmind Technologies Private Limited
Rapidmind Technologies operates two associated brands: Rapidmind Technologies and Rapidmind. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Rapidmind Technologies offers custom software development services for tailored business applications. | rapidmind.in | |
| Provides custom web design and development services for agencies and businesses. | therapidmind.com |
Employees and EPFO Compliance at Rapidmind Technologies Private Limited
Employment history and EPFO contributions of people linked to Rapidmind Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rapidmind Technologies Private Limited
Rapidmind Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Suhas Holla was appointed as Director on 18 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Rapidmind Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rapidmind Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rapidmind Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rapidmind Technologies Private Limited
Rapidmind Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICR7293M1ZF | Karnataka | Active | 27 Feb 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rapidmind Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rapidmind Technologies Private Limited
Rapidmind Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 18 January 2018 (8+ years old) and is registered under CIN U74999KA2018PTC109655.
Rapidmind Technologies reported revenue of ₹25.1 Lakh for FY 2025.
Rapidmind Technologies has 2 current directors:
- Suhas Holla - Director
- Veerabhadrachar Santhebennur Madhukar - Director
Rapidmind Technologies reported a net loss of ₹6.96 Lakh (net margin -27.7%) and EBITDA of -₹6.01 Lakh (EBITDA margin -23.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rapidmind Technologies is -18% over three years and -6% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rapidmind Technologies is 29AAICR7293M1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Rapidmind Technologies is U74999KA2018PTC109655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rapidmind Technologies was incorporated on 18 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Rapidmind Technologies by revenue are Massoft Infosystems Private Limited, Infobind Software Services Private Limited, Mobeltech Software Solutions Private Limited, Geeklurn AI Software Solutions Private Limited, Digiprotek Consulting and Services Private Limited and 5 more, all in the Information Technology industry (Software Services).
Suhas Holla was appointed as Director on 18 Jan 2018. Veerabhadrachar Santhebennur Madhukar was appointed as Director on 18 Jan 2018.
Rapidmind Technologies can be reached through the website therapidmind.com. Its registered office is in Bangalore, Karnataka, India.