Explorex - About the company
Explorex is a seed company based in Bengaluru (India), founded in 2019 by Mainak Sarkar. It operates as a Provider of software suite solutions for restaurant management. Explorex has raised $11.7M in funding from investors like Y Combinator, Sumareji and HOF Capital, with a current valuation of $*****. The company has 3149 active competitors, including 174 funded and 69 that have exited. Its top competitors include companies like Toast, Olo and Odeko.
Company Details
Provider of software suite solutions for restaurant management. The system offers tools for managing restaurant operations, including front-of-house functions like managing queues and reservations, digital menu management, automated ordering, and integrated point-of-sale systems. Back-of-house capabilities include inventory management, detailed analytics and reporting, and customer re-engagement tools. Integrated payment solutions manages transactions, and third-party delivery integration streamlines online orders.
- Website
- www.explorex.co/
- Email ID
- *****@explorex.co
- Phone Number
- +91 **********
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Seed
Total Funding
$11.7M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 01, 2023
Investors
Ranked
86th among 3149 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
25 as on Feb 28, 2025
Legal entities associated with Explorex
Explorex is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
EXPLOREX TECHNOLOGIES, INC. CIN: 7970338 , United States, Active | May 14, 2020 | - | - | - |
EXPLOREX TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2020FTC136176 , India, Active | Jul 19, 2020 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - |
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Explorex's funding and investors
Explorex has raised a total funding of $11.7M over 4 rounds. Its latest funding round was a Seed round on Oct 11, 2022 for $*****. 5 investors participated in its latest round. Explorex has 10 institutional investors and 22 angel investors.
Here is the list of recent funding rounds of Explorex:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 11, 2022 | 8919935 | Seed | 5587955 | 5692320 | 5979896 | 2726755 |
May 20, 2022 | 8126120 | Seed | 7975917 | 4363618 | 4624607 | 2672886 |
Feb 07, 2019 | 3998701 | Angel | 3822810 | 2513014 |
View details of Explorex's funding rounds and investors
Explorex's founders and board of directors
Founder? Claim ProfileThe founders of Explorex is Mainak Sarkar. Mainak Sarkar is the CEO of Explorex.
Here are the details of Explorex's key team members:
- Mainak Sarkar: Co-Founder & CEO of Explorex and founder of 2 other companies, http://eatabletech.com and Eatable. They serve on the board of 1 company.Contact Info: 1 phone number
Explorex's Board of Directors
Explorex's board has 2 active members. Mainak Sarkar and Pritam Khan are part of team.Here is the list of Explorex's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 1m | |
Team | - | Current | 9y 1m |
View details of Explorex's Founder profiles and Board Members
Explorex's employee count trend
Explorex has 25 employees as of Feb 25. Here is Explorex's employee count trend over the years:
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Explorex's Competitors and alternates
Top competitors of Explorex include Toast, Olo and Odeko. Here is the list of Top 10 competitors of Explorex, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Toast 2011, Boston (United States), Public | Cloud-based point of sale and management system for restaurants | $900M | 83/100 | |
2nd | Olo 2005, New York City (United States), Acquired | Provider of a platform for restaurant brands to manage digital operations | $73.6M | 79/100 | |
3rd | Odeko 2019, New York City (United States), Series E | Provider of online ordering solution for coffee businesses | $296M | 77/100 | |
4th | Foodics 2014, Riyadh (Saudi Arabia), Series C | Cloud-based POS and restaurant management system for efficient operations | $194M | 71/100 | |
5th | Paytronix 2001, Newton (United States), Acquired | Provider of digital guest engagement platform for restaurants and c-stores | $75M | 71/100 | |
6th | TouchBistro 2010, Toronto (Canada), Acquired | Cloud-based POS and restaurant management system | $321M | 69/100 | |
7th | MarginEdge 2015, Arlington (United States), Series D | Restaurant management software providing real-time data and back-office automation | $184M | 66/100 | |
8th | Restaurant365 2011, Irvine (United States), Series C | Cloud-based platform for restaurant management | $283M | 65/100 | |
9th | ItsaCheckmate 2016, New York City (United States), Series B | Provider of digital solutions for optimizing restaurant ordering and operations | $13.2M | 64/100 | |
10th | Nory 2020, London (United Kingdom), Series B | Provider of an agentic AI restaurant operating system that predicts demand, builds schedules, manages ordering and payroll, and keeps profit and loss on track across every location | $63M | 63/100 | |
86th | Provider of software suite solutions for restaurant management | $11.7M | 43/100 |
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Explorex's Investments and acquisitions
Explorex has made no investments or acquisitions yet.
Reports related to Explorex
Here is the latest report on Explorex's sector:
News related to Explorex
•
•
Explorex Partners With Mswipe to Streamline Payment Solutions to Its Partner RestaurantsDevdiscourse•Mar 06, 2023•Explorex, Mswipe
•
YC-Backed Explorex Raises $5 mn in Seed FundingViestories•Oct 11, 2022•Explorex, HOF Capital, Sumareji, Pioneer Fund and 1 other
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