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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.
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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
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
25 as on Feb 28, 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:lockFilter 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
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Explorex's founders and board of directors

Founder? Claim Profile
The founders of Explorex is Mainak Sarkar. Mainak Sarkar is the CEO of Explorex.
Here are the details of Explorex's key team members:

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

Explorex's employee count trend

Explorex has 25 employees as of Feb 25. Here is Explorex's employee count trend over the years:
Employee count trend for Explorex
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Toast
Toast
2011, Boston (United States), Public
Cloud-based point of sale and management system for restaurants
$900M
83/100
2nd
Logo for Olo
Olo
2005, New York City (United States), Acquired
Provider of a platform for restaurant brands to manage digital operations
$73.6M
79/100
3rd
Logo for Odeko
Odeko
2019, New York City (United States), Series E
Provider of online ordering solution for coffee businesses
$296M
77/100
4th
Logo for Foodics
Foodics
2014, Riyadh (Saudi Arabia), Series C
Cloud-based POS and restaurant management system for efficient operations
$194M
71/100
5th
Logo for Paytronix
Paytronix
2001, Newton (United States), Acquired
Provider of digital guest engagement platform for restaurants and c-stores
$75M
71/100
6th
Logo for TouchBistro
TouchBistro
2010, Toronto (Canada), Acquired
Cloud-based POS and restaurant management system
$321M
69/100
7th
Logo for MarginEdge
MarginEdge
2015, Arlington (United States), Series D
Restaurant management software providing real-time data and back-office automation
$184M
66/100
8th
Logo for Restaurant365
Restaurant365
2011, Irvine (United States), Series C
Cloud-based platform for restaurant management
$283M
65/100
9th
Logo for ItsaCheckmate
ItsaCheckmate
2016, New York City (United States), Series B
Provider of digital solutions for optimizing restaurant ordering and operations
$13.2M
64/100
10th
Logo for Nory
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
Logo for Explorex
Explorex
2019, Bengaluru (India), Seed
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

•
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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