Rapid Care - About the company
Rapid Care is an early stage company based in Chennai (India), founded in 1999 by Venkat Laxman. It operates as a Provides application development and ERP services. Rapid Care has raised $10M in funding. The company has 128181 active competitors, including 965 funded and 7397 that have exited. Its top competitors include companies like IBM, Hewlett Packard Enterprise and Mindtree.
Company Details
Provides application development and ERP services. It provides a range of healthcare information management, legal support, data analytics, and high-end KPO. It offers medical record review, including workers' compensation, personal injury, and medical summarization.
- Website
- www.rapidcare.net/
- Social
- Email ID
- *****@rapidcare.net
- Phone Number
- +91 **********
- Registered Address
- 2nd Floor, VLV Complex,Old No.21, New No.41, Mount Road,Little Mount, Saidapet, Chennai, Chennai, Tamil Nadu, India, 600015
Key Metrics
Founded Year
1999
Location
Chennai, India
Stage
Early Stage
Total Funding
$10M in 1 round
Latest Funding Round
Ranked
259th among 128181 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2024
Employee Count
366 as on May 31, 2026
Similar Companies
Legal entities associated with Rapid Care
Rapid Care is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RAPID CARE TRANSCRIPTION PRIVATE LIMITED CIN: U72300TN1999PTC043478 , India, Active | Nov 03, 1999 | ₹100 - ₹500 Cr (As on Mar 31, 2024) | 743 (As on Jan 31, 2024) | |
Build Hq Design Llp CIN: AAW-5579 , India, Active | Mar 31, 2021 | 0 - ₹10 Cr (As on Mar 31, 2022) | - |
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Rapid Care's funding and investors
Rapid Care has raised a total funding of $10M over 1 round.
Here is the list of recent funding rounds of Rapid Care:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2021 | 8140 | Unattributed | 3478 | 9985 | 5235 | 4439 |
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Rapid Care's founders and board of directors
Founder? Claim ProfileThe founders of Rapid Care is Venkat Laxman. Venkat Laxman is the CEO of Rapid Care.
Here are the details of Rapid Care's key team members:
- Venkat Laxman: Founder & CEO & Managing Director of Rapid Care and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 phone number
Rapid Care's Board of Directors
Rapid Care's board has 2 active members. Venkat Laxman is part of team and Vellore Vilvanathan Laxman is independent board member.Here is the list of Rapid Care's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 21y 1m | |
Independent board member | - | Current | 21y 1m |
View details of Rapid Care's Founder profiles and Board Members
Rapid Care's employee count trend
Rapid Care has 366 employees as of May 26. Here is Rapid Care's employee count trend over the years:
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Rapid Care's Competitors and alternates
Top competitors of Rapid Care include IBM, Hewlett Packard Enterprise and Mindtree. Here is the list of Top 10 competitors of Rapid Care, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 81/100 | |
2nd | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 78/100 | |
3rd | Consulting and implementations company | $23.9M | 78/100 | ||
4th | UST 1999, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
5th | Provider of consulting, data analytics, and IT services | - | 75/100 | ||
6th | Provider of IT consulting, technology, and outsourcing services | - | 74/100 | ||
7th | EPAM 1993, Newtown (United States), Public | Provider of software development, data analytics, and other IT suite services | $50M | 74/100 | |
8th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
9th |  Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
10th | Provider of diversified application development, IT consulting, and digital transformation services | - | 73/100 | ||
259th | Rapid Care 1999, Chennai (India), Early Stage | Provides application development and ERP services | $10M | - | 53/100 |
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Rapid Care's Investments and acquisitions
Rapid Care has not made any investments yet. Rapid Care has made 4 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
- | Acquisition | 2008 | Glendale (United States) | |
2023 | Acquisition | 2002 | Atlanta (United States) | |
Apr 23, 2022 | Acquisition | 2007 | San Francisco (United States) |
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Reports related to Rapid Care
Here is the latest report on Rapid Care's sector:
News related to Rapid Care
Media has covered Rapid Care for a total of 2 events in the last 1 year.
•
Rapid Care Acquires DeepDoc to Expand AI-Powered Medical Record IntelligencePR Newswire•Jan 21, 2026•RapidCare, DeepDoc, Rapid Care
•
Qufora acquires Rapidcare, a UK medical appliance supplierCision•Sep 04, 2025•Qufora, Rapid Care, Rapidcare
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