When was Rocket founded?

Rocket was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Rocket located?

Rocket is headquartered in Surat, India. It is registered at 9TH FL. OFFICE-901 to 906, 919 to 924 INFINITY TOWER, LAL DARWAJA, STATION RD., Surat, SURAT, Gujarat, India, 395003.

Who is the current CEO of Rocket?

Vishal Virani of Rocket. They have also founded 2 companies.

Which legal entities is Rocket associated with?

Rocket is associated with DHIWISE PRIVATE LIMITED and 4 others.

How many employees does Rocket have?

As of Dec 31, 2025, Rocket has 1669 employees, reflecting a 2392% year-over-year growth in headcount.

Is Rocket a funded company?

Rocket is a funded company, having raised a total of $25.2M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 18, 2022.

How much is Rocket worth?

The latest valuation of Rocket is ₹***** as of Sep 13, 2025. This marks a decline of 6% from its peak valuation of ₹547Cr in Jan, 2022. This marks a decline of 6% from its peak valuation of ₹547Cr in Jan, 2022.

When was the latest funding round of Rocket?

Rocket's latest funding was a $***** Series B round on Sep 13, 2025, with participation from 3 investors. Its primary sector is Application Development Tools. In India, the Application Development Tools sector has seen $204M in funding in 2026 to date.

What is the annual revenue of Rocket?

Annual revenue of Rocket is less than ₹10 Cr as on Mar 31, 2025

Where does Rocket rank among its competitors?

Rocket ranks 28th amongst 1118 active competitors, of which 133 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Cohere, which secured an undisclosed amount in Oct, 2026.

Who are the top competitors of Rocket?

Rocket's top competitors include OpenAI, Anthropic and Mistral AI. Among them, Cohere secured the most recent funding round in October, 2026.

Rocket - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of software for market research and automated application building. This system provides tools for analyzing market data, generating business recommendations, and creating web or mobile applications. It includes features for monitoring competitor activities and integrating with external software systems to facilitate automated workflows. The technology enables the deployment of digital tools and internal dashboards through natural language prompts.

Website: www.rocket.new/
Social
Email ID: *****@rocket.new
Registered Address: 9TH FL. OFFICE-901 to 906, 919 to 924 INFINITY TOWER, LAL DARWAJA, STATION RD., Surat, SURAT, Gujarat, India, 395003

Key Metrics

Founded Year

2021

Location

Surat, India

Stage

Series B

Total Funding

$25.2M in 6 rounds

Latest Funding Round

Series B, Sep 13, 2025, $*****

Post Money Valuation

₹***** as on Sep 13, 2025

Investors

Accel & 22 more

Ranked

28^th among 1118 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

1,669 as on Dec 31, 2025

Investment & Acquisitions

KieDex

Similar Companies

Vercel & 2173 more

View Rocket's full profile

Rocket is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Rocket USA Inc., CIN: 981550340 , United States, Active	Jul 16, 2025	-	1669 (As on Dec 31, 2025)	-
Dhiwise Inc CIN: 6261064 , United States, Active	Sep 24, 2021	-	-	-
Ssmp Innovations Llp CIN: ACB-4699 , India, Active	Jun 02, 2023	-	-
Coruscate Innovations Llp CIN: ACB-4188 , India, Active	May 30, 2023	-	-
DHIWISE PRIVATE LIMITED CIN: U72900GJ2021PTC122126 , India, Active	Apr 20, 2021	0 - ₹10 Cr (As on Mar 31, 2025)	53 (As on May 31, 2026)

Rocket has raised a total funding of $25.2M over 6 rounds. Its first funding round was on Jan 18, 2022. Its latest funding round was a Series B round on Sep 13, 2025 for $*****. 3 investors participated in its latest round. Rocket has 15 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Rocket:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 13, 2025	4304976	Series B	7286306	1969881	5184743	9875296
Mar 13, 2024	8139565	Series A	7646858	4655283	1884849	7713912
Nov 28, 2022	7588449	Series A	7991768	7892654	3442253	Accel Atoms & 1 more

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View details of Rocket's funding rounds and investors

The founders of Rocket are Vishal Virani, Deepak Dhanak and Rahul Vallabhbhai Shingala. Vishal Virani is the CEO of Rocket.

Here are the details of Rocket's key team members:

Vishal Virani: Co-Founder & CEO of Rocket and founder of 2 other companies, Coruscate and Zujo. They serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number
Deepak Dhanak: Co-Founder & COO of Rocket and founder of 1 other company. They are also an angel investor in 2 startups.
Rahul Vallabhbhai Shingala: Co-Founder & CTO of Rocket. They serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number

Rocket's Board of Directors

Rocket's board has 2 active members. Vishal Virani and Rahul Vallabhbhai Shingala are part of team.

Here is the list of Rocket's board of directors:

Name	Type	Representing	Status	Duration
Vishal Virani	Team	-	Current	5y 6m
Rahul Vallabhbhai Shingala	Team	-	Current	5y 6m

View details of Rocket's Founder profiles and Board Members

Rocket's employee count trend

Rocket has 1,669 employees as of Dec 25. The total employee count is 93.0% more than what it was in Dec 24. Here is Rocket's employee count trend over the years:

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Top competitors of Rocket include OpenAI, Anthropic and Mistral AI. Here is the list of Top 10 competitors of Rocket, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	OpenAI 2015, San Francisco (United States), Series F	Artificial intelligence research and development platform offering advanced language models	$180B	SoftBank Group, Microsoft & 101 others	89/100
2nd	Anthropic 2021, San Francisco (United States), Series H	Provider of AI safety and research company	$132B	GIC, Amazon & 133 others	84/100
3rd	Mistral AI 2023, Paris (France), Series D	Provider of customizable, open-source artificial intelligence models and solutions for various applications	$6.54B	Lightspeed Venture Partners, EQT & 64 others	80/100
4th	Cohere 2019, Toronto (Canada), Series E	Developer of enterprise AI platform and multilingual language and retrieval models	$1.54B	Inovia Capital, Sapphire Ventures & 41 others	79/100
5th	Replit 2016, Foster City (United States), Series D	AI platform to build apps, websites, and software instantly	$922M	Andreessen Horowitz, Georgian & 42 others	77/100
6th	Sarvam 2023, Bengaluru (India), Series B	Developer of a full-stack generative AI platform designed to build sovereign AI ecosystems for enterprises and governments	$387M	Lightspeed Venture Partners, Avvanti Advisors ... & 31 others	76/100
7th	World Labs 2023, San Francisco (United States), Acquired	Developer of artificial intelligence models for research automation and analysis	$1.23B	New Enterprise Associates, Andreessen Horowitz ... & 13 others	75/100
8th	Emergent 2024, San Francisco (United States), Series C	Developer of platforms that build full-stack applications using AI	$230M	SoftBank Vision Fund, Lightspeed Venture Partners ... & 13 others	74/100
9th	xAI 2023, Palo Alto (United States), Acquired	Platform providing AI-powered assistant for image generation and trend analysis	$45B	Kingdom Holding Company, Qatar Investment Authority ... & 68 others	73/100
10th	Sakana 2023, Tokyo (Japan), Series B	Provider of AI research laboratory services	$379M	Khosla Ventures, Lux Capital & 32 others	73/100
28th	Rocket 2021, Surat (India), Series B	Developer of software for market research and automated application building	$25.2M	Salesforce Ventures, India Quotient & 21 others	62/100

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Looking for more details on Rocket's competitors? Click here to see the top ones

DHIWISE PRIVATE LIMITED, the legal entity associated with Rocket, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of DHIWISE PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 1% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	7481	8594	7849	1729
Total Sales	4027	7456	9040	4521
Total Expenses	7112	8843	8352	4665
Operating Expenses	6629	7079	4530	4244
Employee Expenses	1165	8065	3204	9435
Operating Income (EBIT)	3220	7330	3025	6106
Interest Expenses	7764	9435	9729	1677
Expenses from other activities	7665	2136	7952	4231
EBITDA	7436	4175	4253	5352
Taxes	8193	9524	9504	6380
Net Profit	9733	6385	8324	6090
Balance Sheet
Assets	5706	9630	2870	9966
Accounts Receivables	4182	6639	6407	7546
Inventory	1872	5000	1786	2557
Liabilities	8729	4528	6987	6861
Total Debt	5422	6795	6579	9056
Accounts Payable	1068	6904	8294	1445
Equities	6753	7336	2176	4109

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders own 20.68%, Funds (largest shareholder) own 54.95%, Angels own 0.68% and Other People own 13.62%. The net worth of Rocket's founders is INR 118Cr as of Mar 25, 2026. The cap table displayed below is for DHIWISE PRIVATE LIMITED which is the legal entity associated with Rocket.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	20.68%	118Cr	1679370	8866018	1633519	9777205
Vishal Virani	9926551	5633424	2228464	7745136	3738989	5476685
Fund	54.95%	315Cr	5710906	5332806	8444334	8160381
Accel	9065061	6517050	9363859	2687254	2608535	5936755
Together	74090	55063	32345	66776	24597	56631
Angel List	0	0	0	0	0	0
Angel	0.68%	3.87Cr	0	0	0	0
Deepak Dhanak	0	0	0	0	0	0
Abhay Jeet Gupta	0	0	0	0	0	0
Vineet Kumar Sharma	0	0	0	0	0	0
Other People	13.62%	78Cr	9057687	5473928	7171221	5683738
ESOP Pool	10.08%	57.7Cr	2984828	2348650	7308757	6704762
Total	100.00%	573Cr	8825026	5899845	7457712	3387452