About Xpresslane
Xpresslane is a company based in Bengaluru (India) founded in 2016 by Madhukar Reddimasi and Ashwin Koorakula. Xpresslane has raised $464.43 thousand across 2 funding rounds from investors including Manipal Technologies, PointOne Capital and Sarcha Advisors. The company has 8 employees as of April 07, 2024. Xpresslane operates in a competitive market with competitors including Shopflo, Nimbbl, Fastrr, Dashh and 1Checkout, among others.
- Headquarter Bengaluru, India
- Employees 8 as on 07 Apr, 2024
- Founders Madhukar Reddimasi, Ashwin Koorakula
- Stage Minicorn
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Sectors
RetailFinancial Services
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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 Bueno Labs Private Limited
- Date of Incorporation 13 Jul, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$408.53 (USD)0as on Mar 31, 2022
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Net Profit
-$190.18 K (USD)-2527.58as on Mar 31, 2022
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EBITDA
-$175.81 K (USD)-2839.8as on Mar 31, 2022
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Total Equity Funding
$464.43 K (USD)
in 2 rounds
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Latest Funding Round
$424.3 K (USD), Seed
Aug 14, 2021
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Investors
Manipal Technologies
& 38 more
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Employee Count
8
as on Apr 07, 2024
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Funding Insights of Xpresslane
Xpresslane has successfully raised a total of $464.43K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $424.3 thousand completed in August 2021. 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 Xpresslane
Xpresslane has secured backing from 39 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Manipal Technologies, PointOne Capital and Sarcha Advisors.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund investing in pre-seed tech startups with support services.
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Angel network focused on the fintech sector
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IT services specializing in payment processing and gateways are provided.
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Investor details for Xpresslane
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Investments & Acquisitions by Xpresslane
Investment portfolio details for Xpresslane
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Financial Statements - Xpresslane
Detailed financials for Xpresslane
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Xpresslane Comparisons
Peer comparison for Xpresslane
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Competitors of Xpresslane
Xpresslane 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 Shopflo, Nimbbl, Fastrr, Dashh and 1Checkout, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of checkout suite solutions for e-tailers
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One-click checkout and payment solutions for online businesses are provided.
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Delivers one-click checkout software to enhance e-commerce operations.
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A platform providing one-click checkout solutions for Shopify businesses.
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Provides fast checkout, payment options, and fraud prevention for online stores.
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Detailed competitors of Xpresslane
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Latest news on Xpresslane
Complete news archive for Xpresslane
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Frequently Asked Questions about Xpresslane
Xpresslane was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Xpresslane is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ashwin Koorakula is the current CEO of Xpresslane. They have also founded this company.
Xpresslane is a funded company, having raised a total of $464.43K across 2 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Xpresslane is 8.
Annual revenue of Xpresslane is $408.53 as on Mar 31, 2022.
Xpresslane was founded in 2016 in Bengaluru, India, within the fintech sector focused on e-commerce payments. The platform is integrated with existing online systems to facilitate transactions through credit and debit cards, net banking, cash on delivery, and additional methods. An analytics module is included to monitor key performance indicators for retailers. Operations are centered on streamlining checkout processes for various digital marketplaces.
Xpresslane has 39 investors. Key investors include Manipal Technologies, PointOne Capital, Sarcha Advisors, Yatra Angel Network, and Tsquaresurge.
The valuation of Xpresslane is $2.29M as of Aug 2021.