About Rapidue Technologies Private Limited
Data last updated:
Rapidue Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U38220TG2015PTC101913. Its GSTIN is 36AAHCR5399H1ZT (Telangana). The company holds 9 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹26.6 Cr and a paid-up capital of ₹13 Cr. It is led by directors including Abhishek Deshpande Arvind (Whole-Time Director) and Abhay Deshpande Raosaheb (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 401 Janardhana Plaza Lumbini Enclave Gachibowli, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2025, the company reported a revenue of ₹985.08 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net loss of ₹56.72 Cr (net margin -5.8%) and EBITDA of -₹49.74 Cr (EBITDA margin -5%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 115% over five years.
The company has about 258 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Rapidue, EPRLoop and Recykal. As per MCA filings, the company has open charges of ₹125 Cr and satisfied charges of ₹12.33 Cr on record. Court records list 14 cases involving the company, including 13 filed by the company and 1 filed against it; 10 cases are pending. The company has 19 deals on record (10 funding rounds, 6 secondary share transfers, 2 rights issues), with disclosed funding of ₹538.56 Cr; the latest was in June 2026. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 101 overdue payments to 55 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rapidue.com.
Company details
CIN history
Rapidue Technologies has one previous CIN (Corporate Identification Number): U72300TG2015PTC101913. The current CIN is U38220TG2015PTC101913, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U38220TG2015PTC101913 | Current |
| U72300TG2015PTC101913 | Previous |
Contact details
Rapidue Technologies Private Limited's registered office is in Hyderabad, Telangana.
- Social Media
- Registered AddressFlat No. 401 Janardhana Plaza Lumbini Enclave Gachibowli, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, IT Consulting & 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
Brands
Rapidue Technologies operates multiple associated brands including Rapidue, EPRLoop, and Recykal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides end-to-end digital solutions for waste generators, connecting them with recyclers for sustainable waste management. | rapidue.com | |
| Digital marketplace connecting brands with EPR providers for recycling and waste management. | eprloop.com | |
| Digital solutions for sustainable waste management and recycling are provided. | recykal.com |
Business activity
The main business activities of Rapidue Technologies are trade, professional, scientific and technical and financial and insurance service. In detail, this covers wholesale trading, other professional, scientific and technical activities and other financial activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Rapidue Technologies Private Limited, buy the company report.
Financials of Rapidue Technologies Private Limited
FY 2025 filings availableRapidue Technologies Private Limited reported revenue of ₹985.08 Cr (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 115% over five years, including 37% growth in the latest year. EBITDA fell 71% 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
| 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 | -₹49.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹56.72 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5% | ||||
| Net Profit Margin | -5.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Rapidue Technologies Private Limited, buy the company report.
Board of directors and KMP of Rapidue Technologies Private Limited
Rapidue Technologies Private Limited currently reports 7 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Deshpande Arvind | Whole-Time Director | 26 Nov 2015 | 10 Years 11 Months | Current |
| Raja Parthasarathy Also directs: DJ Energy Private Limited, Bothe Windfarm Development Private Limited, Continuum Green Energy Limited and 5 more | Nominee Director | 11 Jan 2022 | 4 Years 9 Months | Current |
| Robert Ira Kaplan Also directs: Deluxe Recycling (India) Private Limited, Lucro Plastecycle Private Limited, Dalmia Polypro Industries Private Limited and 3 more | Nominee Director | 24 Nov 2020 | 5 Years 11 Months | Current |
| Rajiv Malik | Nominee Director | 27 Mar 2025 | 1 Years 7 Months | Current |
| Ishant Baranwal | Company Secretary | 01 Aug 2022 | 4 Years 3 Months | Current |
| Bhasmang Vidyutrai Mankodi Also directs: Jamnagar Renewables One Private Limited, Jamnagar Renewables Two Private Limited, Srijan Energy Systems Private Limited and 2 more | Nominee Director | 24 Nov 2022 | 3 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2025 | 101141568 | The Hongkong and Shanghai Banking Corporation Limited | ₹25 Cr | Open | |
| 21 Oct 2022 | 100645579 | Others | ₹60 Cr | Open | |
| 11 Mar 2022 | 100554281 | Standard Chartered Bank | ₹40 Cr | Open | |
| 24 Jun 2021 | 100477105 | Others | ₹8.07 Lakh | Satisfied | |
| 04 Jun 2021 | 100453464 | Others | ₹25 Lakh | Satisfied |
To see the full charge records of Rapidue Technologies Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Rapidue Technologies Private Limited has 19 deals on record (10 funding rounds, 6 secondary share transfers, 2 rights issues), with disclosed funding of ₹538.56 Cr; the latest was in June 2026.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Funding round · Series D | ₹80 Cr | Investors: 360 ONE (IIFL Asset Management) |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: Friends And Friends Consulting Llp, 3 individuals Seller: Idea Entity Tech Solutions Private Limited , 3 individuals |
| Feb 2019 | Funding round · Pre-Series A | ₹1.7 Cr | Investors: Idea Entity Tech Solutions Private Limited , 3 individuals |
| Feb 2017 | Funding round | ₹1.5 Cr | Investors: Idea Entity Research Labs Private Limited , an individual |
To see the full deal history of Rapidue Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rapidue Technologies Private Limited has 14 court cases on record: 13 filed by Rapidue Technologies, 1 filed against it. 10 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 9 |
| High courts | 5 | 1 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed by the company against Halifax Greentech LLP and 8 others | Pending |
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed by the company against Vansh Polypack LLP and 5 others | Pending |
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed by the company against M/S. Tirumala Venkateshwara Paper and Board Pvt. Ltd. | Pending |
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed by the company against M/S. Spruhaa Healthcare Pvt. Ltd. | Pending |
| Bombay High Court | Court case (CARAP) | Filed by the company against Bridgestone India Private Limited | Disposed |
To see the full case history of Rapidue Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Rapidue Technologies Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 101 overdue payments to 55 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 (5 of 55)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Green Carbon Fuels & Feeds Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Rapidue Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Rapidue Technologies has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCR5399H1ZT | Telangana | Active | 29 Jul 2017 |
| 36AAHCR5399H1D2 | Telangana | Active | 08 Nov 2024 |
| 29AAHCR5399H1ZO | Karnataka | Active | 01 Feb 2022 |
| 27AAHCR5399H2ZR | Maharashtra | Active | 07 Jul 2022 |
To see the full GST registrations and return filing status of Rapidue Technologies Private Limited, buy the company report.
Recent activity
Rapidue Technologies Private Limited has 20 board changes on record since 2015: 8 appointments and 12 cessations. The latest: Shyam Powar ceased to be Nominee Director on 05 Sep 2025.
25 earlier events are in the company report.
News
Frequently asked questions
Rapidue Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 November 2015 (11+ years old) and is registered under CIN U38220TG2015PTC101913.
Rapidue Technologies has 8 current directors and KMP:
- Abhishek Deshpande Arvind - Whole-Time Director
- Abhay Deshpande Raosaheb - Whole-Time Director
- Anirudha Jalan - Whole-Time Director
- Raja Parthasarathy - Nominee Director
- Robert Ira Kaplan - Nominee Director
- Rajiv Malik - Nominee Director
- Bhasmang Vidyutrai Mankodi - Nominee Director
- Ishant Baranwal - Company Secretary
The latest financial statements of Rapidue Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Rapidue Technologies is 36AAHCR5399H1ZT, registered in Telangana. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 36AAHCR5399H1D2 (Telangana), 29AAHCR5399H1ZO (Karnataka), 27AAHCR5399H2ZR (Maharashtra).
The CIN (Corporate Identification Number) of Rapidue Technologies is U38220TG2015PTC101913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rapidue Technologies has 14 court cases on record: 13 filed by the company and 1 filed against it. 10 are pending. Most are in the district courts.
Rapidue Technologies was incorporated on 26 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Rapidue Technologies has 19 deals on record (10 funding rounds, 6 secondary share transfers, 2 rights issues), with disclosed funding of ₹538.56 Cr; the latest was in June 2026.
Shyam Powar ceased to be Nominee Director on 05 Sep 2025. Rajiv Malik ceased to be Additional Director on 31 Mar 2025. Pradyumna Dalmia ceased to be Nominee Director on 27 Mar 2025. Rapidue Technologies has 20 board changes on record in total.
Rapidue Technologies has 14 MSME Form 1 returns on record between 2019 and 2024, listing 101 overdue payments to 55 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Rapidue Technologies can be reached through the website rapidue.com. Its registered office is in Hyderabad, Telangana, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
