COMPANY INTELLIGENCE PROFILE
RAPIDLOOPS LOGISTICS PRIVATE LIMITED
RapidLoops is an AI-driven digital freight/trucking marketplace and "centralised control room" connecting shippers and truckers across India — offering load booking/matching, real-time truck tracking, order management and invoicing, instant payments to truckers, return-load optimization, and compliance assistance (permits/licenses/taxes).
RapidLoops, established on 31 January 2019, operates in the transport and logistics sector in India, specifically focusing on digital freight and trucking services. Utilizing AI technology, it connects shippers and truckers, offering services like load matching and real-time tracking. Recognized as a DPIIT startup, the company had a revenue of ₹33.47 Crore in FY2024. RapidLoops remains unfunded and has open charges totaling ₹8.70 Crore. The company employs around 14 people.
AI-generated, may contain errors.
Business Overview
- RapidLoops is an AI-driven digital freight/trucking marketplace and "centralised control room" connecting shippers and truckers across India — offering load booking/matching, real-time truck tracking, order management and invoicing, instant payments to truckers, return-load optimization, and compliance assistance, permits/licenses/taxes.
- Brand name "RapidLoops"
- Also associated with the brand "Waahan", source: official site rapidloops.com, Tracxn, TheCompanyCheck. DPIIT-recognized startup, source: TheCompanyCheck. Headcount ~14 employees as of March 2024, source: TheCompanyCheck.
Sector & Classification
Conflicting: Tofler lists "Agriculture and Allied Activities" (appears to be a stale/default MCA classification); TheCompanyCheck lists "Transport and Logistics — Land transport via road / Carriers Services," which matches the company's actual described business. Numeric NIC code not obtained from either source.
Directors & Key Management
Directors — source notes
CONFIRMED: Vijay Prakash Jeyaseelan (also recorded as "Jeyaseelan Vijay Prakash"), DIN 02665153, director since incorporation (appointed 31-Jan-2019) — named as a current director by both Tofler and TheCompanyCheck. CONFLICT ON SECOND DIRECTOR: Tofler (most recent fetch) lists Krishnan Rajesh, DIN 08444555, as a current director (~7-8 yr tenure shown). TheCompanyCheck instead lists Anbazhagan Arun as a current director appointed 31-Jan-2024 (DIN not obtained), and does not show Krishnan Rajesh at all. This suggests a possible director change (Krishnan Rajesh resigned, Anbazhagan Arun appointed 2024) that is not consistently reflected across trackers — reported as unresolved rather than resolved in either direction. Full historical appointment/cessation dates were paywalled on both sources.
GST Registrations
Not obtained. GSTIN/PAN sections were locked (premium) on TheCompanyCheck and Tofler; knowyourgst/findgst/mastersindia lookups returned errors (404/500) or no data for this entity or its CIN. Home state would be Tamil Nadu based on registered address, but this is an inference, not a confirmed GST-portal fact.
Financials
RAPIDLOOPS LOGISTICS PRIVATE LIMITED reported a revenue of ₹33.47 Crore in FY2024 with a 14% YoY increase. In FY2025, revenue declined by 6.49%, while EBITDA decreased by 6.6% YoY. Net Profit rose by 190.59% YoY, despite a 7.96% drop in Net Worth. Total Borrowings increased by 47.15% YoY, and Total Assets grew by 3.46% YoY.
AI-generated, may contain errors.
| FY2024, year ended 31 Mar 2024 | Revenue ₹33.47 Crore, +14% YoY, source: TheCompanyCheck; single source, absolute figure. |
| FY2025, year ended 31 Mar 2025, — only YoY percentage changes and ratios available, absolute rupee EBITDA/PAT/net worth/borrowings figures paywalled: Revenue down 6.49% YoY | |
| EBITDA down | 6.6% YoY |
| Net Profit up | 190.59% YoY |
| Net Worth down | 7.96% YoY |
| Total Borrowings up | 47.15% YoY |
| Total Assets up | 3.46% YoY. |
| Ratios | Net Profit Margin 7.03%, Return on Equity 7.53%, Debt-to-Equity 0.18 (source: Tofler). |
| Standalone vs consolidated not explicitly stated by either source, company shows no subsidiaries in available data, so likely standalone. | |
| Auditor noted as R. | |
| Mugunthan for FY2023, source | TheCompanyCheck. |
Funding History
- RapidLoops is classified as "Unfunded" on Tracxn — explicit statement: "RapidLoops has not raised any funding rounds yet," total funding raised $0, source: Tracxn, used per rule only to confirm round names/status.
- No independent news coverage, Inc42/Entrackr/Crunchbase, of any funding round was found corroborating a raise
- Crunchbase profile exists but lists no funding events.
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| HDFC Bank Limited | ₹2.00 Cr | created 10-Apr-2024 |
| HDFC Bank Limited | ₹2.00 Cr | created 29-Mar-2024 |
| Axis Bank Limited | ₹0.60 Cr | created 05-May-2023 |
| HDFC Bank | ₹4.00 Cr | Axis Bank ₹0 |
- 5 open charges totaling ₹8.70 Crore, zero satisfied charges, source: TheCompanyCheck — profile summary and dedicated charges page are internally consistent, but this is a single source so treated as partial:
- "Others" — ₹0.50 Cr, created 18-Jan-2024, Open
- "Others" — ₹3.60 Cr, created 20-Jan-2025, Open
Credit Ratings
- Not obtained / none found. No CRISIL, ICRA, or CARE/CareEdge rating for Rapidloops Logistics Private Limited was located via web search of the agencies or general search engines.
Competitive Landscape
- Named peers in the Indian road-freight-tech / trucking marketplace space, rough scale vs. RapidLoops, which reported ~₹33 Cr FY24 revenue and is unfunded:
- BlackBuck, Zinka Logistics Solutions, — large, publicly listed, NSE/BSE, 2024 IPO, full-truckload freight marketplace; far larger scale.
- Freight Tiger — mid-large, logistics visibility SaaS + freight marketplace, VC-funded, larger scale.
- LetsTransport — mid, last-mile and FTL logistics-tech platform, VC-funded, larger/comparable scale.
- Loadshare Networks — mid, hyperlocal and FTL logistics network, VC-funded, larger scale.
- Vahak — mid, truck-load discovery marketplace app, VC-funded, comparable/larger scale by user base.
- TruckSuvidha — small-mid, load/truck matching platform, comparable scale.
Frequently Asked Questions
What does RapidLoops do?
RapidLoops is an AI-driven digital freight/trucking marketplace and centralized control room connecting shippers and truckers across India. It offers load booking and matching, real-time truck tracking, order management and invoicing, instant payments to truckers, return-load optimization, and compliance assistance such as permits, licenses, and taxes.
What is the CIN of RapidLoops?
The Corporate Identification Number (CIN) of RapidLoops is U01100TN2019PTC127219.
When was RapidLoops incorporated?
RapidLoops was incorporated on 31 January 2019.
Where is the registered office of RapidLoops located?
The registered office of RapidLoops is located at No.19, Thazhamkuppam Main Road, VOC Nagar, Ennore, Chennai, Thiruvallur, Tamil Nadu to 600057.
Sources
Tofler (tofler.in) — identity, capital, directors, financial ratios; TheCompanyCheck (thecompanycheck.com) — identity, capital, directors, financials, charges, related-brand note; official site rapidloops.com — business overview, corporate address, logo; Tracxn (tracxn.com) — funding status only, per rule; Indian Kanoon (indiankanoon.org) — legal search (zero results); Crunchbase — funding cross-check (no data, 403 on direct fetch, snippet only); Bing/DuckDuckGo search-result fetches — GSTIN/PAN/credit-rating searches (no results found); findgst.in, mastersindia.co, falconebiz.com, Falcon eBiz — attempted, returned errors (404/500) or no company-specific data (blocked/unavailable, not used as evidence).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.