# PT Rapid Rabbits Indonesia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-rapid-rabbits-indonesia

- Industry: Consumer Services
- Headquarters: Jakarta, Indonesia
- Website: www.rara.delivery
- Total disclosed funding: $4.3M
- Latest round: Seed (Oct 8, 2021)
- Investors on record: 5

## About

PT Rapid Rabbits Indonesia offers innovative logistics solutions designed to enhance last-mile delivery processes. The company connects consumers with local couriers to facilitate efficient online order fulfillment.Established in 2017, PT Rapid Rabbits Indonesia operates in Jakarta, Indonesia. The company specializes in logistics and has received a total of USD 3.25 mn in funding through two deals, with the latest round being a Seed funding completed on October 8, 2021, led by Surge and East Ventures, among others. The founder and CEO, Karan Bhardwaj, has a background that supports his leadership in this venture.Rara Delivery specializes in providing logistics solutions that streamline the last-mile delivery process. Its delivery platform connects consumers with local couriers, catering to various end-use cases such as e-commerce businesses and consumers requiring prompt delivery. With a focus on urban areas, the company serves both small businesses and larger retailers looking for efficient logistics solutions.Rara Delivery generates revenue through a business-to-business (B2B) model by partnering with retailers and e-commerce platforms that utilize its delivery services. Clients pay for delivery on a per-order basis or through subscription plans. The company offers a premium delivery option for same-day service, which is priced higher than standard deliveries, ensuring transparent pricing that helps businesses manage logistics costs while enhancing customer satisfaction.In October 2021, PT Rapid Rabbits Indonesia raised USD 3.25 mn in Seed funding, which will be utilized to expand its product ecosystem. This includes enhancements such as a batching engine, a seller portal, real-time order tracking, a customer chatbot, and COD reconciliation. The company aims to broaden its service offerings and improve delivery capabilities, potentially targeting new markets to further its logistics solutions.

## Funding rounds

- Seed, Oct 8, 2021, $3.3M — 500 Global, East Ventures, Angel Central Syndicate, GK-Plug and Play Indonesia, Surge
- Seed, Aug 20, 2020, $1M — 500 Global, Angel Central Syndicate, GK-Plug and Play Indonesia

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Angel Central Syndicate (https://capitalatlas.ai/funds/angel-central-syndicate) — Seed
- GK-Plug and Play Indonesia — Seed
- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed
- Surge (https://capitalatlas.ai/funds/surge) — Seed