Rocket - About the company
Rocket is a series B company based in Surat (India), founded in 2021 by Vishal Virani, Deepak Dhanak and Rahul Vallabhbhai Shingala. It operates as a Developer of software for market research and automated application building. Rocket has raised $25.2M in funding from investors like Accel, India Quotient and Angel List, with a current valuation of $*****. The company has 850 active competitors, including 118 funded and 22 that have exited. Its top competitors include companies like OpenAI, Anthropic and Mistral AI.
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
Post Money Valuation
$***** as on Sep 10, 2025
Ranked
27th among 850 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
1,669 as on Dec 31, 2025
Investment & Acquisitions
Legal entities associated with Rocket
Rocket is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
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) |
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Rocket's funding and investors
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
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 13, 2025 | 4630113 | Series B | 9899764 | 1551796 | 6285821 | 3889310 |
Mar 13, 2024 | 9749486 | Series A | 2103502 | 8086681 | 7170472 | 3206508 |
Nov 28, 2022 | 6436031 | Series A | 2106760 | 7329133 | 7854669 |
Access funding benchmarks and valuations. Sign up today!View details of Rocket's funding rounds and investors
Rocket's founders and board of directors
Founder? Claim ProfileThe 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 |
|---|---|---|---|---|
Team | - | Current | 5y 5m | |
Team | - | Current | 5y 5m |
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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Rocket's Competitors and alternates
Top competitors of Rocket include OpenAI, Anthropic and Mistral AI. Here is the list of Top 10 competitors of Rocket, ranked by Tracxn score:
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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 | 89/100 | |
2nd | Anthropic 2021, San Francisco (United States), Series H | Provider of AI safety and research company | $132B | 83/100 | |
3rd | Mistral AI 2023, Paris (France), Series D | Provider of customizable, open-source artificial intelligence models and solutions for various applications | $6.54B | 78/100 | |
4th | Developer of enterprise AI platform and multilingual language and retrieval models | $1.54B | 78/100 | ||
5th |  Replit 2016, Foster City (United States), Series D | AI platform to build apps, websites, and software instantly | $922M | 76/100 | |
6th | Developer of a full-stack generative AI platform designed to build sovereign AI ecosystems for enterprises and governments | $387M | 76/100 | ||
7th |  Emergent 2024, San Francisco (United States), Series C | Developer of platforms that build full-stack applications using AI | $230M | 73/100 | |
8th | Provider of AI research laboratory services | $379M | 71/100 | ||
9th | xAI 2023, Palo Alto (United States), Acquired | Platform providing AI-powered assistant for image generation and trend analysis | $45B | 71/100 | |
10th | Contextual AI 2023, San Francisco (United States), Series A | Provider of a platform for building context-aware AI applications | $100M | 69/100 | |
27th | Developer of software for market research and automated application building | $25.2M | 63/100 |
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Rocket's Latest cap tables and shareholding
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.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 20.68% | 118Cr | 8854292 | 4552854 | 9343947 | 1360374 |
5581001 | 8713637 | 9986897 | 1564687 | 7613463 | 4819619 | |
Fund | 54.95% | 315Cr | 2254431 | 8677089 | 3478182 | 9234758 |
8534130 | 9238074 | 1363541 | 9837436 | 2912482 | 6255857 | |
68846 | 22267 | 61585 | 44745 | 31367 | 19409 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Angel | 0.68% | 3.87Cr | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 13.62% | 78Cr | 2020551 | 1821803 | 6358490 | 9812189 |
ESOP Pool | 10.08% | 57.7Cr | 1299223 | 7917478 | 8534619 | 2557785 |
Total | 100.00% | 573Cr | 3055447 | 4261233 | 3036316 | 2267547 |
To unlock detailed Cap Table of Rocket Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Rocket's Shareholding
Rocket's Investments and acquisitions
Rocket has a total of 1 investment in KieDex. Rocket has not made any acquisitions as of now.Reports related to Rocket
Here is the latest report on Rocket's sector:
News related to Rocket
Media has covered Rocket for a total of 3 events in the last 1 year, 1 of them has been about company updates.
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Rocket expects $2.5B-$2.7B Q3 adjusted revenue while targeting $100M additional expense synergies in H1 2027 (NYSE:RKT)Seeking Alpha•Aug 07, 2026•Rocket
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Rocket.new raises $15 million in seed round for its AI implementation platformStartup Log•Sep 26, 2025•Rocket, Meta, Anthropic, KPMG and 8 others
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Salesforce Ventures to lead $15 Mn funding in app builder Rocket.newEntrackr•Sep 10, 2025•Rocket, Salesforce Ventures, Together, Accel and 2 others
•
India’s diamond city Surat is now mining SaaS startups for the worldMoneycontrol•Jun 06, 2023•Trezix, Video SDK, Rocket
•
DhiWise, the Next-Gen Visual Programming Platform Raises USD 2.5M in Seed Round to Fast Track Application Development by 10xBusiness Wire India•May 24, 2022•Dholakia Ventures, India Quotient, Rocket
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
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