COMPANY INTELLIGENCE PROFILE

Roppen Transportation Services Private Limited

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.

Active (unlisted private limited company)Unlisted / private. IPO reportedly planned toward end of 2026 (not yet filed).RoC-Hyderabad (Telangana)

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

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.)

Shareholding

Post latest round, WestBridge Capital and Prosus together hold ~56% of the company (Entrackr). Founders (Aravind Sanka, Pavan Kumar Guntupalli, Rishikesh SR) and earlier investors (Nexus, Accel, Swiggy, etc.) hold the remainder. Exact cap-table percentages per shareholder not obtained from a primary filing.

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.

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?

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.

What is the CIN of Roppen Transportation Services Private Limited?

Roppen Transportation Services Private Limited's Corporate Identification Number (CIN) is U52210TG2015PTC097115.

When was Roppen Transportation Services Private Limited incorporated?

Roppen Transportation Services Private Limited was incorporated on 05 January 2015 and is registered with RoC-Hyderabad (Telangana).

Who are the directors of Roppen Transportation Services Private Limited?

Directors on record include Aravind Sanka (DIN 07018743); Pavan Kumar Guntupalli (DIN 07018744); Sumir Chadha (DIN 00040789); Sanjay Mitra (DIN 05177838); Suchita Sharma (DIN 10656028).

Where is Roppen Transportation Services Private Limited registered?

The registered office of Roppen Transportation Services Private Limited is at 3rd Floor, Sai Prithvi Arcade, Megha Hills, Sri Rama Colony, Madhapur, Hyderabad, Telangana 500081.

Information compiled from public registry and secondary sources (as of 2026-07-28). It may be incomplete or dated; verify independently before relying on it. Known gaps: Paid-up capital conflict (Rs 1.59-1.6 cr vs Rs 1.83 cr). Exact MCA NIC code, EBITDA/PAT absolute figures beyond news summaries, precise net worth for FY25, full per-shareholder cap table, complete charge-satisfaction status, and confirmation of Nutana Transportation subsidiary all not obtained from primary filings. Credit ratings: none found. Sanjay Mitra DIN single-source.