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How Explorex CEO Mainak Sarkar grew Explorex to $9.4M revenue with a 60 person team in 2024.

Explorex is an all-in-one ecosystem of software suite & business management platform for offline businesses.

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Explorex Revenue

In 2024, Explorex's revenue reached $9.4M. The company previously reported $6.6M in 2023. Since its launch in 2020, Explorex has shown consistent revenue growth.

Explorex Revenue GrowthReported revenue / ARR by year$0$2M$4M$6M$8M$10M20202021202220232024$0$3M$7M$9MSource: GetLatka.com
YearMilestone
2024Explorex Hit $9.4m revenue in October 2024
2023Explorex Hit $6.6m revenue in December 2023
2022Explorex Hit $3.2m revenue in May 2022
2020Launched with $0 revenue

Explorex Valuation, Funding Rounds

Explorex has not publicly disclosed its valuation. The company has raised $6M in total funding to date.

Explorex has raised $6M in total funding across 3 rounds, most recently a $5M Venture Round round in 2022.

Explorex Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$2M$3M$5M$6M$8M2020202120222020 cumulative: $150K • 2020 Pre Seed Round: $150K2020 cumulative: $1M • 2020 Pre Seed Round: $150K • 2020 Seed Round: $850K2022 cumulative: $6M • 2020 Pre Seed Round: $150K • 2020 Seed Round: $850K • 2022 Venture Round: $5M$6MSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Venture Round$5M--
2020Seed Round$850K--
2020Pre Seed Round$150K--

Explorex Employees & Team Size

Explorex employs approximately 60 people as of 2026, down from 103 in 2023.

Explorex has 60 total employees in different roles and functions.

Explorex Team GrowthReported headcount over time025507510012520202021202220232024006060Source: GetLatka.com
YearMilestone
2024Reached 60 employees (December 2024)
2024Reached 103 employees (October 2024)
2023Reached 103 employees (December 2023)
2022Reached 56 employees (December 2022)
2022Reached 27 employees (May 2022)
2021Reached 20 employees (December 2021)

Founder / CEO

Mainak Sarkar

Co-Founder and CEO at Explorex

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Customers

We do not have customer count information for Explorex yet.

Frequently Asked Questions about Explorex

What is Explorex's revenue?

Explorex generates $9.4M in revenue.

Who founded Explorex?

Explorex was founded by Mainak Sarkar.

Who is the CEO of Explorex?

The CEO of Explorex is Mainak Sarkar.

How much funding does Explorex have?

Explorex raised $6M.

How many employees does Explorex have?

Explorex has 60 employees.

Where is Explorex headquarters?

Explorex is headquartered in Bengaluru, Karnataka, India.

Compare Explorex to the industry

Explorex operates across multiple industries. Browse revenue, funding, and growth data for Explorex in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Explorex Revenue 2024: $9.4M ARR, $6M Raised