About Explara
Explara is a company based in Bengaluru (India) founded in 2008 by Ashok Kumar.. Explara has raised $1.35 million across 6 funding rounds from investors including Hyderabad Angels, Singapore Angel Network and Blume Ventures. The company has 4 employees as of April 08, 2024. Explara has completed 1 acquisition, including IndianStage. Explara offers products and services including ExplaraEvent, Event Mobile App, and Payment Processing. Explara operates in a competitive market with competitors including Accesso, vivenu, SquadUP, AudienceView and Seat Unique, among others.
- Headquarter Bengaluru, India
- Employees 4 as on 08 Apr, 2024
- Founders Ashok Kumar
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Signure Technologies Private Limited
- Date of Incorporation 27 Nov, 2007
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$141.66 K (USD)-20.7as on Mar 31, 2022
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Net Profit
$1.09 K (USD)-93.93as on Mar 31, 2022
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EBITDA
$3.68 K (USD)111.33as on Mar 31, 2022
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Total Equity Funding
$1.35 M (USD)
in 6 rounds
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Latest Funding Round
$500 K (USD), Seed
Nov 06, 2015
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Investors
Hyderabad Angels
& 22 more
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Employee Count
4
as on Apr 08, 2024
- Investments & Acquisitions
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Products & Services of Explara
Explara offers a comprehensive portfolio of products and services, including ExplaraEvent, Event Mobile App, and Payment Processing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for selling event tickets and handling registrations securely.
App for event check-ins, attendee management, and on-site processing.
Service for secure online payment collection during events.
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Funding Insights of Explara
Explara has successfully raised a total of $1.35M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in November 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Seed — $500,000
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First Round
First Round
(01 Jun 2011)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Seed - Explara | Valuation | Hyderabad Angels , Singapore Angel Network | |
| Jul, 2015 | Amount | Debt – Venture - Explara | Valuation |
investors |
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| Jul, 2014 | Amount | Seed - Explara | Valuation | Blume Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Explara
Explara has secured backing from 23 investors, including venture fund and angel investors. Prominent investors backing the company include Hyderabad Angels, Singapore Angel Network and Blume Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Angel network investing in early-stage companies
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Founded Year | Domain | Location | |
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Angel network focused on India, Singapore, and U.S based companies
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Explara
Explara has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include IndianStage. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online ticketing for performing arts events is facilitated by IndianStage.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Explara
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Explara Comparisons
Competitors of Explara
Explara operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Accesso, vivenu, SquadUP, AudienceView and Seat Unique, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Virtual queuing and ticketing solutions are provided for event organizers.
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| domain | founded_year | HQ Location |
Cloud-based event ticketing management software is provided for events.
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| domain | founded_year | HQ Location |
Web and mobile event ticketing and management solutions are provided.
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| domain | founded_year | HQ Location |
Ticketing and e-commerce solutions are provided for the entertainment industry.
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| domain | founded_year | HQ Location |
Multi category event listing and ticketing platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Explara
Frequently Asked Questions about Explara
When was Explara founded?
Explara was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Where is Explara located?
Explara is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Explara a funded company?
Explara is a funded company, having raised a total of $1.35M across 6 funding rounds to date. The company's 1st funding round was a Seed of $160.38K, raised on Jun 01, 2011.
How many employees does Explara have?
As of Apr 08, 2024, the latest employee count at Explara is 4.
What is the annual revenue of Explara?
Annual revenue of Explara is $141.66K as on Mar 31, 2022.
What does Explara do?
Explara.com is an online event ticketing and registration platform offering event discovery to users and event solutions to event organizers. It also has integrated the movie ticketing platform with Ola and Paytm. Explara has a cloud hosted event solutions platform and focuses on four service areas such as event ticketing, registration, payment processing, event marketing, and logistics. Earlier known as Ayojak.com. Launched social discovery for events in March 2015, wherein events will have associated topics and locations tagged. It offers a marketplace for organizers. NASSCOM, CFA Institute, TE Global, and ASME are some of its clients.
Who are the top competitors of Explara?
Explara's top competitors include Accesso, Tickitto and Seat Unique.
What products or services does Explara offer?
Explara offers ExplaraEvent, Event Mobile App, and Payment Processing.
How many acquisitions has Explara made?
Explara has made 1 acquisition, including IndianStage.
Who are Explara's investors?
Explara has 23 investors. Key investors include Hyderabad Angels, Singapore Angel Network, Blume Ventures, Krishna Lakamsani, and Rajan Anandan.
What is Explara's valuation?
The valuation of Explara is $1.49M as of Jul 2014.
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