About Packmile
Packmile is a company based in Bengaluru (India) founded in 2015 by Pawan Maheshwari. Packmile has raised $344.25 thousand across 1 funding round from investors including Mishal Amur Mohamed AI Riami. Packmile offers products and services including CORM™, BHIVE PAPER BUBBLE WRAP, PAPER TAPES, PALLET STRAPS, and PALLET COVERS. Packmile operates in a competitive market with competitors including WestRock, Sulapac, Go Do Good, Avani Eco and Source Green, among others.
- Headquarter Bengaluru, India
- Founders Pawan Maheshwari
- Stage Minicorn
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Sectors
Industrial Goods & Manufacturing
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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 Packmile Private Limited
- Date of Incorporation 19 Jun, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$706.58 K (USD)113.55as on Mar 31, 2022
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Net Profit
$15.61 K (USD)31.67as on Mar 31, 2022
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EBITDA
$23.86 K (USD)-37.1as on Mar 31, 2022
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Total Equity Funding
$344.25 K (USD)
in 1 rounds
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Latest Funding Round
$344.25 K (USD), Angel Round
Nov 18, 2017
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Investors
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Employee Count
Employee Count
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Products & Services of Packmile
Packmile offers a comprehensive portfolio of products and services, including CORM™, BHIVE PAPER BUBBLE WRAP, PAPER TAPES, PALLET STRAPS, and PALLET COVERS.
Converts waste boxes into packaging fillers for efficient reuse.
Eco-friendly shock-absorbing wrap for protecting delicate products during shipping.
Water-activated tapes that provide strong, weather-resistant bonding for packaging.
Reusable straps for securing goods on pallets, reducing plastic usage.
Durable, reusable covers that shield pallets from damage and minimize waste.
Funding Insights of Packmile
Packmile has successfully raised a total of $344.25K through 1 strategic funding round. The most recent funding activity was a Angel Round of $344.25 thousand completed in November 2017. 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 1
- Last Round Angel Round — $344,245
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First Round
First Round
(18 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2017 | Amount | Angel Round - Packmile | Valuation | Mishal Amur Mohamed AI Riami |
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Investors in Packmile
Packmile has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Mishal Amur Mohamed AI Riami.
| Investor | Description | Founded Year | Domain | Location |
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MA
Mishal Amur Mohamed AI Riami |
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Founded Year | Domain | Location |
Investments & Acquisitions by Packmile
Financial Statements - Packmile
Packmile Comparisons
Competitors of Packmile
Packmile 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 WestRock, Sulapac, Go Do Good, Avani Eco and Source Green, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Sustainable packaging solutions are delivered online for diverse industries.
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| domain | founded_year | HQ Location |
Bio-based, biodegradable plastic alternatives are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
Eco-friendly packaging and new materials are developed by the company.
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| domain | founded_year | HQ Location |
Offers biodegradable and compostable packaging solutions using natural materials for global clients.
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| domain | founded_year | HQ Location |
Online marketplace platform for packaging manufacturers
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Latest news on Packmile
Frequently Asked Questions about Packmile
Packmile was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Packmile is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Pawan Maheshwari is the current CEO of Packmile. They have also founded this company.
Packmile is a funded company, having raised a total of $344.25K across 1 funding round to date. The company's 1st funding round was a Angel Round of $344.25K, raised on Nov 18, 2017.
Annual revenue of Packmile is $706.58K as on Mar 31, 2022.
Packmile was founded in 2015 and is based in Bengaluru, India. Operations focus on the sustainable packaging sector, where plastic, polypropylene, thermocol, and styrofoam are replaced by reusable products including paper bubble wrap, water-activated tapes, pallet covers, and straps. These solutions are supplied to industries such as automobiles, electronics, spare parts, and e-commerce.
Packmile's top competitors include WestRock, Sulapac and Go Do Good.
Packmile offers CORM™, BHIVE PAPER BUBBLE WRAP, PAPER TAPES, PALLET STRAPS, and PALLET COVERS.
Packmile has 1 investor. Key investors include Mishal Amur Mohamed AI Riami.
The valuation of Packmile is $1.72M as of Nov 2017.