COMPANY INTELLIGENCE PROFILE
Roppen Transportation Services Private Limited
Roppen Transportation Services Pvt Ltd is the legal entity behind Rapido, one of India's largest ride-hailing (bike-taxi/auto/cab) and last-mile delivery platforms, headquartered in Hyderabad.
Roppen Transportation Services Private Limited, the entity behind Rapido, is a major player in India's ride-hailing and delivery industry, based in Hyderabad. Founded in 2015, the company connects riders with drivers for various transportation and delivery services. In FY25, delivery revenue overtook ride-hailing commissions, with a substantial revenue increase to Rs 934.44 crore. Although their net loss narrowed significantly by 30.5% from FY24, expenses remained high. Cumulative funding exceeds $550 million, with notable investors like WestBridge Capital and Accel.
AI-generated, may contain errors.
Business Overview
- Operates the Rapido platform, a technology aggregator connecting riders with driver-partners ("captains") for bike-taxi, auto-rickshaw and cab rides, and increasingly last-mile/food delivery and a subscription-based, zero-commission, model for captains.
- Founded 2015 by Aravind Sanka, Pavan Kumar Guntupalli and Rishikesh SR.
- In FY25 delivery became the single largest revenue stream, overtaking ride-hailing platform commissions, and subscription income surged ~14x.
- Source: Entrackr, Business Standard.
Sector & Classification
Transportation / ride-hailing & delivery services; CIN activity code 52210 (services incidental to land transport). Precise MCA NIC code not obtained.
Directors & Key Management
Directors — source notes
Aravind Sanka (DIN 07018743, Whole-Time Director, co-founder); Pavan Kumar Guntupalli (DIN 07018744, Whole-Time Director, co-founder); Sumir Chadha (DIN 00040789, Nominee/Investor Director — WestBridge); Sanjay Mitra (DIN 05177838, Director); Suchita Sharma (DIN 10656028, Director). Sources: Falconebiz (best for DINs), Tofler, TheCompanyCheck. DINs for Sanka/Guntupalli/Chadha/Sharma confirmed by 2+ sources; Sanjay Mitra DIN 05177838 from Falconebiz only (partial).
GST Registrations
Primary/home-state GSTIN: 36AAHCR1710J1ZH (Telangana), registered 01 July 2017, taxpayer type Regular/Private Ltd, status Active. PAN: AAHCR1710J. Home state: Telangana. Number of registrations: ~21 GST registrations across states (Delhi, Maharashtra, Karnataka, Tamil Nadu, Gujarat, UP, etc.). Individual state GSTINs referenced (per PICE/Masters India listings): 27AAHCR1710J1ZG (Maharashtra), 24AAHCR1710J1ZM (Gujarat), 29AAHCR1710J1ZC (Karnataka), 09AAHCR1710J1ZE (UP), 07AAHCR1710J1ZI (Delhi). Sources: knowyourgst.com, mastersindia.co.
Financials
Roppen Transportation Services reported FY25 revenue at Rs 934.44 crore, a 44% increase from FY24. The net loss was Rs 258 crore, with total expenses around Rs 1,261 crore. Key revenue sources included delivery, subscription, and ride commissions. The company maintained negligible borrowings, reflecting a net cash position.
AI-generated, may contain errors.
| Standalone, audited, RoC filings via news. FY25, ended 31 Mar 2025: Revenue from operations Rs 934.44 crore (+44% YoY) | |
| Total income | ~Rs 1,003 crore, incl. ~Rs 69 cr investment/interest income |
| Net loss | Rs 258 crore, narrowed ~30.5% from FY24 |
| Total expenses | ~Rs 1,261 crore |
| EBITDA negative, EBITDA margin ~ -19.6% per Entrackr. FY24, ended 31 Mar 2024: Revenue from operations Rs 648 crore | |
| Net loss | Rs 371 crore |
| Total expenses | ~Rs 1,066 crore. |
| FY25 revenue mix | Delivery Rs 340 cr, Ride/platform commission Rs 277 cr (-23.5%), Subscription Rs 275 cr (~14x jump), Passenger transport Rs 21 cr, Advertising Rs 16 cr. |
| Key costs FY25 | captain incentives/delivery charges ~Rs 500 cr, advertising ~Rs 252 cr, employee benefits ~Rs 207 cr. |
| Total borrowings | reported ~Rs 0 / negligible (net-cash) in FY25. |
| Sources | Business Standard, Entrackr. |
| NOTE | A Tofler auto-summary returned positive-margin figures that contradict the audited losses and were disregarded as unreliable. |
Funding History
| Cumulative funding raised | over ~$550 million since 2015. |
| Series E (Dec 2024) | ~$200M led by WestBridge Capital with Nexus Venture Partners, Think Investments, Invus Opportunities — valuation ~$1.1 billion. |
| Later round, 2025-26 per reports | ~$240M led by Prosus, with WestBridge, Accel and others, as part of a broader ~$730M primary+secondary transaction, valuing the company ~$2.8-3 billion post-money. |
| Key investors | WestBridge Capital, Prosus, Nexus Venture Partners, Accel, Swiggy, Think Investments, Invus. |
| Sources | Entrackr, DealStreetAsia, Storyboard18, AngelOne., Round names/dates cross-checked with news; treat exact latest-round figure as reported, some dates approximate. |
Loans & Charges
- One registered charge found: ICICI Bank Limited, ~Rs 4.5 crore, charge dated 25 February 2022 (per Tofler).
- Company reports effectively nil borrowings in FY25, suggesting limited/satisfied debt.
- Full charge register, satisfaction status, not obtained.
- Source: Tofler.
Credit Ratings
- None found. No CRISIL / ICRA / CARE rating for Roppen Transportation Services could be located; consistent with the company being largely debt-free / equity-funded.
Legal & Compliance
- Active litigant in multiple regulatory/motor-vehicle matters, Indian Kanoon returns ~80+ results, 2019-2026. Notable: Roppen Transportation Services Pvt Ltd vs Union of India, Supreme Court, 2023
- Roppen vs State of Maharashtra / Maharashtra Rickshaw Panchayat matters, Bombay HC, 2023, bike-taxi legality
- Govt of NCT Delhi vs Roppen, Supreme Court, 2023
- Roppen vs State of Karnataka (Karnataka HC)
- Trademark suit Roppen vs Nipun Gupta, Delhi HC, 2024-25. Primarily aggregator-licensing/bike-taxi regulatory disputes. Source: indiankanoon.org.
Competitive Landscape
- Ride-hailing: Ola, ANI Technologies, — large
- Uber India — large/global
- Namma Yatri, Moving Tech/ONDC, — mid
- InDrive — mid/global
- BluSmart — small (distressed). Delivery/last-mile overlap: Swiggy — large
- Zomato/Eternal — large
- Zepto — large. Rapido is a large-scale, well-funded private player, ~$2.8-3B valuation.
Frequently Asked Questions
What does Roppen Transportation Services Private Limited do?
Roppen Transportation Services Private Limited operates the Rapido platform, which is one of India's largest ride-hailing and last-mile delivery platforms. The platform connects riders with driver-partners for bike-taxi, auto-rickshaw, and cab rides, and it also offers last-mile and food delivery services.
What is the Corporate Identification Number (CIN) of Roppen Transportation Services Private Limited?
The Corporate Identification Number (CIN) of Roppen Transportation Services Private Limited is U52210TG2015PTC097115.
What is the GSTIN of Roppen Transportation Services Private Limited for Telangana?
The GSTIN of Roppen Transportation Services Private Limited for Telangana is 36AAHCR1710J1ZH.
When was Roppen Transportation Services Private Limited incorporated?
Roppen Transportation Services Private Limited was incorporated in 2015.
Where is the registered office of Roppen Transportation Services Private Limited located?
The registered office of Roppen Transportation Services Private Limited is located at 3rd Floor, Sai Prithvi Arcade, Megha Hills, Sri Rama Colony, Madhapur, Hyderabad, Telangana 500081.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.