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
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website packmile.com
- Social X YouTube
- Legal Name Packmile Private Limited
- Date of Incorporation 19 Jun, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹5.40 Cr
FY 2024 · -5% YoY
- Net Profit₹13.3 Lakh
FY 2024 · 2% margin
- EBITDA₹24.7 Lakh
FY 2024 · 5% margin
- Total Equity Funding$344.25K (USD)
in 1 rounds
- Latest Funding Round$344.25K (USD), Angel Round
Nov 2017
Associated legal entities of Packmile
Packmile operates through Packmile Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Packmile Private Limited CIN U74900KA2015PTC080992 | Active | 19 Jun 2015 | Bangalore, Karnataka | ₹5.4 Cr | 22 | 2 | View details |
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.
Apps and channels of Packmile
its YouTube channel Packmile has 11 subscribers and 1 videos.
Videos from Packmile
The most watched videos on Packmile's YouTube channel, Packmile (11 subscribers). Click a video to play it here.
More on Packmile.
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 $344,245
- Total Rounds 1
- Last Round Angel Round — $344,245
- First Round $344,245
(Nov 2017)
- Investors Count 1
All 1 funding rounds of Packmile with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2017 | $344,245 | Angel Round | $1.72M | Mishal Amur Mohamed AI Riami | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2017 | $1.72M | •••••••• |
Last known valuation $1.72M (Nov 2017). 1 investors in total: 0 institutional and 1 angel.
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 |
|---|---|---|---|---|
MA Mishal Amur Mohamed AI Riami | - | – | unknown_73c4176c6b8040138 | - |
Investor details for Packmile
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Packmile Private Limited (Packmile)
Packmile Private Limited is the primary company behind Packmile. The board of Packmile Private Limited currently have 2 directors; the longest-serving is Sunil Maheshwari Kumar, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunil Maheshwari Kumar DIN 07208203 | Director | 19 Jun 2015 | 11 yrs 3 mo | Packmile Private Limited |
| Pawan Maheshwari DIN 06818825 | Director | 19 Jun 2015 | 11 yrs 3 mo | Packmile Private Limited |
People of Packmile
1 people are tracked at Packmile (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Packmile
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Packmile
Figures of Packmile Private Limited, the primary company behind Packmile, for FY 2024. Revenue was ₹5.40 Cr (-5% year on year). Net profit was ₹13.3 Lakh (2% margin). EBITDA was ₹24.7 Lakh (5% margin). Revenue has grown at a compounded annual rate of +25% over three years and +61% over five years.
- ₹5.40 CrRevenue · FY 2024 · -5% YoY
- ₹13.3 LakhNet profit · 2% margin
- ₹24.7 LakhEBITDA · 5% margin
- ₹1.3 LakhPaid-up capital
- 22Employees (provident fund records)
- +25%Revenue CAGR, 3 years
- +61%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Packmile Private Limited are on its company page.
Detailed financial statements for Packmile
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Packmile
3 dated milestones of Packmile across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Packmile is founded.
- Funding First funding round of $344K.
- Milestone Reaches Minicorn status.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| westrock.com | 1997 | Atlanta, United States | – | 4,726 | Sustainable packaging solutions are delivered online for diverse industries. | |
| sulapac.com | 2016 | Helsinki, Finland | $24.12M | – | Bio-based, biodegradable plastic alternatives are manufactured for diverse applications. | |
| go-dogood.com | 2021 | Pune, India | – | – | Eco-friendly packaging and new materials are developed by the company. | |
| avanieco.com | 2014 | Denpasar, Indonesia | – | – | Offers biodegradable and compostable packaging solutions using natural materials for global clients. | |
| sourcegreen.co | 2021 | Hong Kong, China | – | – | Online marketplace platform for packaging manufacturers | |
| rudholmgroup.com | 1951 | Boras, Sweden | – | – | Offers labelling, packaging, trims, and digital services for global apparel brands. | |
| themendpackaging.com | 2020 | Mumbai, India | – | – | Provides eco-friendly packaging products and services for brands across various industries globally. |
Detailed competitors of Packmile
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Packmile
The website of Packmile (packmile.com) receives about 4.2K visits a month.
- Monthly visits4.2K
▲ 13.3% vs previous month
Websites whose visitors overlap most with Packmile. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| boxbee.com | 100% | 6.1K | #3,462,624 | View details | |
| econovus.co.in | 91% | – | – | View details | |
| themendpackaging.com | 90% | 1.5K | #9,427,932 | View details | |
| bambrew.in | 89% | 2.5K | #6,751,612 | View details | |
| lynxdesigners.com | 88% | – | – | View details |
Similar companies to Packmile
10 companies that operate in the same segment as Packmile (Packaging Equipment & Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Packaging materials and supply-chain services are offered online to businesses. | 2005 | Gurugram, Haryana, India | USD 5.05 M | USD 10.95 M | 131 | |
SIG is recognized as a leading provider of sustainable packaging solutions. | 1853 | Neuhausen, Baden-wurttemberg, Germany | – | USD 3.84 B | 9,600 | |
Sustainable biodegradable materials are developed using mycelium technology. | 2007 | Albany, United States | USD 183.93 M | – | 106 | |
Thermal packaging for perishable goods is manufactured using sustainable materials. | 2013 | Richmond, Virginia, United States | USD 234.2 M | – | 205 | |
Biodegradable packaging materials are manufactured from crop stubble waste. | 2020 | Delhi, Delhi, India | USD 3.45 M | USD 45.41 K | 55 | |
Sustainable packaging solutions are delivered online for diverse industries. | 1997 | Atlanta, Georgia, United States | – | – | – | |
Fiber-based consumer packaging solutions are manufactured and distributed. | 1978 | Atlanta, Georgia, United States | – | USD 8.62 B | 23,000 | |
Provider of food processing and packaging equipment | 1951 | Pully, Vaud, Switzerland | USD 105.15 M | USD 471.99 M | 1,410 | |
Biodegradable and recyclable packaging solutions | 2010 | Hod Hasharon, Central District, Israel | USD 121.5 M | – | – | |
Provider of seaweed-derived alternatives to plastics for films, coatings, and paper | 2020 | Pune, Maharashtra, India | USD 4.9 M | USD 66.27 K | – |
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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 2017.
The primary company behind Packmile, Packmile Private Limited, reported revenue of ₹5.40 Cr for FY 2024, down 5% year on year.
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.
Packmile operates through Packmile Private Limited.
The legal entities of Packmile currently have 2 directors, including Sunil Maheshwari Kumar, Pawan Maheshwari.