FundedIQ
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Explorex: Funding, Investors & Team (Sep 2026)

The Indian restaurant industry has already adopted technology to adapt to the growing demands and match the expectations of today's customers but the absence of a full-stack cloud-based software is extremely frustrating to business owners today. The existing systems lack modularity, lack the ability to integrate with services, and hence aren't plug and play. Also, Restaurants are extremely frustrated with all the 5-6 independent systems that don't talk to each other. We are solving these problems by building a full-stack solution for the 30 million+ restaurants in India, by solves order management, operations management, online delivery, payment processing, reports & analytics, and guest identification and re-engagement all using one system - Explorex.

explorex.co/home LinkedIn Bangalore, India 11-50 employees
Food and Beverage Mobile Apps Payments Point of Sale SaaS
Total raised
$5.0M
Rounds
1
Latest
Undisclosed round
May 2022

Explorex has raised $5.0M across 1 funding round on record, the most recent an undisclosed round of $5.0M announced in May 2022.

That round is above the $4.1M median round size for Apps companies tracked on FundedIQ over the last two years.

Explorex Company Profile and Key Stats

Total funding raised
$5.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$5.0M in May 2022
Employees
11-50
reported band
Headquarters
Bangalore, India

Latest funding round on record: May 2022.

Explorex Funding Rounds

Date
Round
Amount
Undisclosed round
$5.0M

Explorex Founders and Leadership Team

Name
Role
Contact
Mainak Sarkar
Founder

No contact details are on record for this team yet.

Explorex Funding Compared to Other Apps Startups

Segment
Companies
Median round
2,426
$4.1M
3,233
$3.0M

Explorex's latest round of $5.0M is above the median round in Apps. Medians cover the last 24 months of disclosed rounds.

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Explorex Funding FAQs

What does Explorex do?

The Indian restaurant industry has already adopted technology to adapt to the growing demands and match the expectations of today's customers but the absence of a full-stack cloud-based software is extremely frustrating to business owners today. The existing systems lack modularity, lack the ability to integrate with services, and hence aren't plug and play. Also, Restaurants are extremely frustrated with all the 5-6 independent systems that don't talk to each other. We are solving these problems by building a full-stack solution for the 30 million+ restaurants in India, by solves order management, operations management, online delivery, payment processing, reports & analytics, and guest identification and re-engagement all using one system - Explorex.

How much funding has Explorex raised?

Explorex has raised $5.0M across 1 round on record. The most recent is an undisclosed round of $5.0M announced in May 2022.

When did Explorex last raise funding?

Explorex's most recent funding round on record is an undisclosed round of $5.0M, announced in May 2022.

Who founded Explorex?

FundedIQ lists Mainak Sarkar (Founder) at Explorex.

Where is Explorex headquartered?

Explorex is based in Bangalore, Karnataka, India.

How many employees does Explorex have?

Explorex is in the 11-50 employee band.

How does Explorex's funding compare to other Apps startups?

Explorex's latest round of $5.0M is above the $4.1M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.

About FundedIQ's Explorex Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Explorex is left off this page rather than filled in.

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