When was Packmile founded?

Packmile was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Packmile located?

Packmile is headquartered in Bengaluru, India. It is registered at DNO FLAT NO. 203 BLDG NO.6 SHANTHI PARK APARTMENTS 9 BLK JAYANAGAR, Bangalore, BANGALORE, Karnataka, India, 560069.

Who is the current CEO of Packmile?

Pawan Maheshwari of Packmile. They have also founded 1 company.

Which legal entities is Packmile associated with?

Packmile is associated with PACKMILE PRIVATE LIMITED.

How many employees does Packmile have?

As of Aug 31, 2025, the latest employee count at Packmile is 22.

Is Packmile a funded company?

Packmile is a funded company, having raised a total of $***** in its 1st and only funding round, a Angel round on Nov 18, 2017.

How much is Packmile worth?

The latest valuation of Packmile is $***** as of Nov 18, 2017.

When was the latest funding round of Packmile?

Packmile's latest funding was a $***** Angel round on Nov 18, 2017, with participation from 1 investor.

What is the annual revenue of Packmile?

Annual revenue of Packmile is less than ₹10 Cr as on Mar 31, 2025

Where does Packmile rank among its competitors?

Packmile ranks 5th amongst 62 active competitors, of which 6 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Econovus, which secured $4.19M in Jul, 2026.

Who are the top competitors of Packmile?

Packmile's top competitors include Graphic Packaging, WestRock and Sulapac. Among them, Econovus secured the most recent funding round in July, 2026.

Packmile - 2026 Company Profile, Team, Funding, Competitors & Financials

Packmile is a seed company based in Bengaluru (India), founded in 2015 by Pawan Maheshwari. It operates as a Sustainable packaging solutions provider. Packmile has raised $344K in funding, with a current valuation of $*****. The company has 62 active competitors, including 6 funded and 6 that have exited. Its top competitors include companies like Graphic Packaging, WestRock and Sulapac.

Company Details

Sustainable packaging solutions provider. It replaces plastic, polypropylene, thermocol, styrofoam with reusable packaging products such as Paper Bubble Wrap, Water-Actived or Gummed Tapes, Pallet covers & straps, etc. It offers products to different industries such as automobiles, electronics, spare parts and e-commerce.

Website: www.packmile.com/
Social
Email ID: *****@packmile.com
Phone Number: +91 **********
Registered Address: DNO FLAT NO. 203 BLDG NO.6 SHANTHI PARK APARTMENTS 9 BLK JAYANAGAR, Bangalore, BANGALORE, Karnataka, India, 560069

Key Metrics

Founded Year

2015

Location

Bengaluru, India

Stage

Seed

Total Funding

$344K in 1 round

Latest Funding Round

Angel, Nov 18, 2017, $*****

Post Money Valuation

$***** as on Nov 18, 2017

Investors

Mishal Amur Mohamed AI Riami & 3 more

Ranked

5^th among 62 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

22 as on Aug 31, 2025

Similar Companies

Graphic Packaging & 55 more

View Packmile's full profile

Packmile is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PACKMILE PRIVATE LIMITED CIN: U74900KA2015PTC080992 , India, Active	Jun 19, 2015	0 - ₹10 Cr (As on Mar 31, 2025)	22 (As on Aug 31, 2025)

Packmile has raised a total funding of $344K over 1 round. Its latest funding round was a Angel round on Nov 18, 2017 for $*****. 1 investor participated in its latest round. Packmile has 4 angel investors.

Here is the list of recent funding rounds of Packmile:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 18, 2017	1364506	Angel	9317161	1071114	1960570	8378474

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View details of Packmile's funding rounds and investors

The founders of Packmile is Pawan Maheshwari. Pawan Maheshwari is the CEO of Packmile.

Here are the details of Packmile's key team members:

Pawan Maheshwari: Founder & CEO of Packmile and founder of 1 other company. They serve on the board of 1 company.

Packmile's Board of Directors

Packmile's board has 2 active members. Pawan Maheshwari and Sunil Maheshwari kumar are part of team.

Here is the list of Packmile's board of directors:

Name	Type	Representing	Status	Duration
Pawan Maheshwari	Team	-	Current	11y 1m
Sunil Maheshwari kumar	Investor	-	Current	11y 1m

View details of Packmile's Founder profiles and Board Members

Packmile's employee count trend

Packmile has 22 employees as of Aug 25. The total employee count is 16.0% more than what it was in Aug 24. Here is Packmile's employee count trend over the years:

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Top competitors of Packmile include Graphic Packaging, WestRock and Sulapac. Here is the list of Top 10 competitors of Packmile, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Graphic Packaging 1978, Atlanta (United States), Public	Manufacturer of paperboard and flexible packaging for various consumer markets	-	Clayton Dubilier & Rice, TPG & 3 others	66/100
2nd	WestRock 1997, Atlanta (United States), Acquired	Online platform for sustainable packaging products for multiple industries	-	Bolder Capital, Radial Equity Partners & 1 others	58/100
3rd	Sulapac 2016, Helsinki (Finland), Series C	Manufacturer of bio-based, biodegradable plastic alternatives	$24.1M	Lifeline Ventures, Bonnier Capital & 15 others	56/100
4th	Econovus 2019, Pune (India), Seed	Manufacturer of industrial packaging products for automotive and logistics sectors	$4.19M	Rainmatter, Rockstud Capital	55/100
5th	Packmile 2015, Bengaluru (India), Seed	Sustainable packaging solutions provider	$344K	-	41/100
6th	Rudholm Group 1951, Boras (Sweden), Unfunded	Contract manufacturer of garment accessories and packaging products	-	-	37/100
7th	Avani Eco 2014, Denpasar (Indonesia), Unfunded	Manufacturer of bioplastic products made from bio-degradable materials	-	-	29/100
8th	Liveo Research 1962, Germany, Funding Raised	Manufacturer of films and packaging solutions for pharmaceutical and medical industries	-	Lindsay Goldberg, Dubag & 1 others	28/100
9th	Elevate Packaging 2000, Chicago (United States), Unfunded	Provider of eco-friendly and sustainable packaging and labels	-	-	27/100
10th	Source Green 2021, Hong Kong (China), Seed	Online marketplace platform for packaging manufacturers	-	Plug and Play Tech Center & 7 others	27/100

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Founders (largest shareholder) own 40.00%, Angels own 20.00% and Other People own 40.00%. The net worth of Packmile's founders is INR 4.48Cr as of Nov 18, 2017.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	40.00%	4.48Cr	8890761	3994680	5622060	2251846
Pawan Maheshwari	2768969	4232545	8065620	4440249	5773035	6304303
Angel	20.00%	2.24Cr	3469252	4425183	5883008	2252480
Mishal Amur Mohamed AI Riami	5534169	4997665	8439598	7502933	2775207	1611315
Other People	40.00%	4.48Cr	4903736	3875373	8716475	2353831
Total	100.00%	11.2Cr	4163749	3801584	7506968	1345949