About Paxel
Paxel is a company based in Jakarta (Indonesia) founded in 2018 by Bryant Christanto and Johari Zein. Paxel has raised $32.4 million across 2 funding rounds from investors including FJ Labs, Astra Digital and Central Capital Ventura. The company has 14 employees as of April 06, 2024. Paxel offers products and services including Sameday Delivery, PaxelMarket, Instant Delivery, PaxelRecycle, and PaxelBox. Paxel operates in a competitive market with competitors including RYTLE, Fleetroot, AntsRoute, Driver Lens and Deliforce, among others.
- Headquarter Jakarta, Indonesia
- Employees 14 as on 06 Apr, 2024
- Founders Bryant Christanto, Johari Zein
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Sectors
Transportation, Automotive & Logistics
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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 Mannit Technolabs Private Limited
- Date of Incorporation 01 Oct, 2018
- Jurisdiction Saidapet, Tamil Nadu, India
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Annual Revenue
$425.86 K (USD)20.79as on Mar 31, 2023
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Net Profit
$25.52 K (USD)-24.12as on Mar 31, 2023
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EBITDA
$106.7 K (USD)99.25as on Mar 31, 2023
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Total Equity Funding
$32.4 M (USD)
in 2 rounds
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Latest Funding Round
$23 M (USD), Series C
Jul 04, 2022
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Investors
FJ Labs
& 5 more
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Employee Count
14
as on Apr 06, 2024
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Products & Services of Paxel
Paxel offers a comprehensive portfolio of products and services, including Sameday Delivery, PaxelMarket, Instant Delivery, PaxelRecycle, and PaxelBox.
Service for same-day package shipping within Indonesia
Online marketplace for purchasing goods across Indonesia
Quick delivery service with two-hour estimates
App-based service for handling shopping waste
Smart locker system for package pick-up and drop-off
People of Paxel
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Funding Insights of Paxel
Paxel has successfully raised a total of $32.4M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $23 million completed in July 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 Paxel
Paxel has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include FJ Labs, Astra Digital and Central Capital Ventura.
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Astra Digital is engaged in providing digital services and solutions.
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Indonesian early-stage tech firms are funded by Central Capital Ventura.
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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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Investor details for Paxel
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Investments & Acquisitions by Paxel
Investment portfolio details for Paxel
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Financial Statements - Paxel
Detailed financials for Paxel
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Paxel Comparisons
Peer comparison for Paxel
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Competitors of Paxel
Paxel 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 RYTLE, Fleetroot, AntsRoute, Driver Lens and Deliforce, among others.
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End-to-end software and hardware for last-mile delivery management are provided.
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IoT-powered SaaS solutions for logistics and transport operations are offered.
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Cloud-based solutions for last-mile delivery management are provided.
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A cloud-based app for managing last-mile delivery operations.
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AI-powered platform for fleet management, real-time tracking, and route optimization.
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Detailed competitors of Paxel
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Latest news on Paxel
Complete news archive for Paxel
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Frequently Asked Questions about Paxel
Paxel was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Paxel is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Bryant Christanto is the current CEO of Paxel. They have also founded this company.
Paxel is a funded company, having raised a total of $32.4M across 2 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Paxel is 14.
Annual revenue of Paxel is $425.86K as on Mar 31, 2023.
Paxel was founded in 2018 in Jakarta, Indonesia, within the logistics sector. Last-mile delivery management solutions are offered via an application that supports same-day delivery, parcel boxes, and parcel lockers. The delivery process is managed, and shipments are tracked using the platform, available on Android and iOS devices. Operations center on streamlining urban logistics in Indonesia.
Paxel offers Sameday Delivery, PaxelMarket, Instant Delivery, PaxelRecycle, and PaxelBox.
Paxel has 6 investors. Key investors include FJ Labs, Astra Digital, Central Capital Ventura, Endeavor, and MDI Ventures.