By these days, most companies are more aware of than ever in providing quality of services over the web for reasons of economy, reliability, interoperability, flexibility, and universality. Consumers need response in a fraction of a second upon their service request. For such a rapid response normal server database cannot be suitable for apt service provision as the service provision from server database takes more time to provide the exact user request. Thus, we use semantic web for rapid service provision. The Semantic Web is a collaborative movement led by the international standards body, the World Wide Web Consortium (W3C). The standard promotes common data formats on the World Wide Web. By encouraging the inclusion of semantic content in web pages, the Semantic Web aims at converting the current web dominated by unstructured and semi-structured documents into a “web of data”. The Semantic Web stack builds on the W3C’s Resource Description Framework (RDF). Ontology repository is created using the semantic web. Several ontology repositories provide access to the growing collection of ontologies on the Semantic Web. Some repositories collect ontologies automatically by crawling the web; in the other repositories user submit ontologies themselves. In our project, using the RDF files, ontology repository is created from the collection of various RDF files. To create such a ontology repository, service selection has made using Genetic Algorithm. Thus, the created ontology repository is used for rapid service provisioning with minimum time and processing memory.