When was Honecore founded?

Honecore was founded in 2007 and raised its 1st funding round 4 years after it was founded.

Where is Honecore located?

Honecore is headquartered in Bengaluru, India. It is registered at No -B 194, 5th Main, Peenya 2nd Stage, Peenya Industrial Area, Peenya Small Industries, Bangalore, Bangalore North, Karnataka, India, 560058.

Which legal entities is Honecore associated with?

Honecore is associated with LSQUARE ECO-PRODUCTS PRIVATE LIMITED.

How many employees does Honecore have?

As of Apr 30, 2025, the latest employee count at Honecore is 76.

Is Honecore a funded company?

Honecore is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jun 2011.

When was the latest funding round of Honecore?

Honecore's latest funding was a $***** Seed round on Jun 2011, with participation from 1 investor.

What is the annual revenue of Honecore?

Annual revenue of Honecore is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Honecore rank among its competitors?

Honecore ranks 3rd amongst 7 active competitors, only 1 of which is funded., of which only Honecore is funded and secured an undisclosed amount in Jun, 2011.

Who are the top competitors of Honecore?

Honecore's top competitors include Ranpak, EcoGlobe and Upack. Among them, Honecore secured the most recent funding round in June, 2011.

Honecore - 2026 Company Profile, Funding, Competitors & Financials

Honecore is a seed company based in Bengaluru (India), founded in 2007. It operates as a Manufacturer of paper honeycomb packaging materials and industrial shipping supplies. Honecore has raised an undisclosed amount in funding. The company has 7 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Ranpak, EcoGlobe and Upack.

Company Details

Manufacturer of paper honeycomb packaging materials and industrial shipping supplies. The product range includes load separators, protective boxes, pallets, and pallet boxes constructed from paper honeycomb structures. These materials provide structural support for shipping and logistics requirements across various sectors.

Website: honecore.com
Social
Email ID: *****@honecore.com
Phone Number: +91 **********
Registered Address: No -B 194, 5th Main, Peenya 2nd Stage, Peenya Industrial Area, Peenya Small Industries, Bangalore, Bangalore North, Karnataka, India, 560058

Key Metrics

Founded Year

2007

Location

Bengaluru, India

Stage

Seed

Latest Funding Round

Seed, Jun 2011, $*****

Investors

CreedCap Asia Advisors

Ranked

3^rd among 7 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

76 as on Apr 30, 2025

Similar Companies

Ranpak & 5 more

View Honecore's full profile

Honecore is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LSQUARE ECO-PRODUCTS PRIVATE LIMITED CIN: U24219KA2007PTC043220 , India, Active	Jun 25, 2007	₹10 - ₹50 Cr (As on Mar 31, 2025)	76 (As on Apr 30, 2025)

Honecore has raised funding over 1 round. Its latest funding round was a Seed round on Jun 2011 for $*****. 1 investor participated in its latest round. Honecore has 1 institutional investor.

Here is the list of recent funding rounds of Honecore:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 2011	7147202	Seed	1162994	8324338	2055995	4918495

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Honecore's employee count trend

Honecore has 76 employees as of Apr 25. The total employee count is 7.0% lower than what it was in Apr 24. Here is Honecore's employee count trend over the years:

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Top competitors of Honecore include Ranpak, EcoGlobe and Upack. Here is the list of Top 10 competitors of Honecore, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ranpak 1972, Dallas (United States), Acquired	Manufacturer of eco-friendly paper-based packaging solutions	-	Ares Capital Corporation, Odyssey Investment Partners ... & 3 others	56/100
2nd	EcoGlobe Mumbai (India), Unfunded	Manufacturer of advanced manufacturing solutions for electronics assembly	-	-	32/100
3rd	Honecore 2007, Bengaluru (India), Seed	Manufacturer of paper honeycomb packaging materials and industrial shipping supplies	-	CreedCap Asia Advisors	26/100
4th	Upack Bahrain, Unfunded	Manufacturer of protective paper packaging and related dispensing accessories	-	-	16/100
5th	Kaixuan Packing Unfunded	Manufacturer of honeycomb paper packaging materials and paper processing machinery	-	-	16/100
6th	Tridas Unfunded	Manufacturer of molded cellulose and fiber packaging for industrial applications	-	-	16/100
7th	Excel Tubes & Cones 2009, Mumbai (India), Unfunded	It manufactures and exports packaging tubes and allied accessories	-	-	16/100