About Explorex
Explorex is a company based in Bengaluru (India) founded in 2019 by Mainak Sarkar and Pritam Khan. It operates as a SaaS (Software-as-a-Service). Explorex has raised $10.13 million across 3 funding rounds from investors including Y Combinator, Garimella Laxminarayana and Rajeev Goswami. The company has 80 employees as of November 09, 2024. Explorex offers products and services including Bridge by Explorex, Digital Menu, Automated Ordering, and Integrated POS/mPOS. Explorex operates in a competitive market with competitors including Toast, Olo, Zenput, Tillster and SpotOn, among others.
- Headquarter Bengaluru, India
- Employees 80 as on 09 Nov, 2024
- Founders Mainak Sarkar, Pritam Khan
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Sectors
Consumer
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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 Explorex Technologies, Inc.
- Date of Incorporation 19 Jul, 2020
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$1.63 M (USD)333.09as on Mar 31, 2023
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Net Profit
-$22.07 K (USD)-153.71as on Mar 31, 2023
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EBITDA
-$88.58 K (USD)-240as on Mar 31, 2023
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Total Equity Funding
$10.13 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Seed
Oct 11, 2022
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Investors
Y Combinator
& 21 more
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Employee Count
80
as on Nov 09, 2024
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Products & Services of Explorex
Explorex offers a comprehensive portfolio of products and services, including Bridge by Explorex, Digital Menu, Automated Ordering, and Integrated POS/mPOS.
A full-stack OS for managing restaurant operations efficiently.
Dynamic QR-based menu accessible directly from mobile devices.
Web-based ordering system for seamless customer dining experience.
Cloud-based dashboard for managing sales and table operations.
People of Explorex
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Funding Insights of Explorex
Explorex has successfully raised a total of $10.13M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in October 2022. 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.
Investors in Explorex
Explorex has secured backing from 22 investors, including venture fund and angel investors. Prominent investors backing the company include Y Combinator, Garimella Laxminarayana and Rajeev Goswami.
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Garimella Laxminarayana |
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Rajeev Goswami |
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Investor details for Explorex
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Investments & Acquisitions by Explorex
Investment portfolio details for Explorex
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Financial Statements - Explorex
Detailed financials for Explorex
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Explorex Comparisons
Peer comparison for Explorex
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Competitors of Explorex
Explorex 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 Toast, Olo, Zenput, Tillster and SpotOn, among others.
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Restaurant operations are managed via a cloud-based platform.
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Olo is recognized as a restaurant technology platform provider.
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Zenput is utilized as an operations execution platform for multi-unit operators.
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SaaS solutions for restaurant online ordering and analytics are offered.
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Provider of cloud-based POS software solutions for businesses and service providers
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SaaS software for restaurant payments and order management is provided.
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Detailed competitors of Explorex
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Latest news on Explorex
Complete news archive for Explorex
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Frequently Asked Questions about Explorex
Explorex was founded in 2019.
Explorex is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mainak Sarkar is the current CEO of Explorex. They have also founded this company.
Explorex is a funded company, having raised a total of $10.13M across 3 funding rounds to date.
As of Nov 09, 2024, the latest employee count at Explorex is 80.
Annual revenue of Explorex is $1.63M as on Mar 31, 2023.
Explorex is engaged in developing a full-stack operating system for restaurants, aimed at streamlining operations. The company operates within the technology sector, specifically targeting restaurant management solutions. Its offerings include digital menus, automated ordering systems, integrated POS systems, and inventory management tools. Services are designed to enhance efficiency for restaurant owners, managers, staff, and customers across multiple locations in India and beyond.
Explorex offers Bridge by Explorex, Digital Menu, Automated Ordering, and Integrated POS/mPOS.
Explorex has 22 investors. Key investors include Y Combinator, Garimella Laxminarayana, Rajeev Goswami, Sujay Madhavamurthy Shantha, and Shobha Shankar.
The valuation of Explorex is $955.84K as of Feb 2019.