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Explorex Revenue & Funding (2024)

Explorex generated an estimated $9.4M in annual revenue in 2024. Source: GetLatka estimate

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 over time · latest figure estimated$0$2M$4M$6M$8M$10M20202021202220232024$0$3.2M$6.6M$9.4MSource: GetLatka.com
YearMilestoneSource
2024Explorex Hit $9.4m revenue in October 2024Estimated
2023Explorex Hit $6.6m revenue in December 2023Estimated
2022Explorex Hit $3.2m revenue in May 2022Not recorded
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 in 2022.

Explorex Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$1.5M$3M$4.5M$6M$7.5M202020212022$6MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2022Venture$5M--Not recorded
2020Seed$850K--Not recorded
2020Pre-Seed$150K--Not recorded

Founder / CEO

Mainak Sarkar

CEO

Co-Founder and CEO at Explorex

Customers

We do not have customer count information for Explorex yet.

Explorex Employees & Team Size

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

Explorex Team GrowthReported headcount over time025507510012520202021202220232024006060Source: GetLatka.com
YearMilestoneSource
2024Reached 60 employees (December 2024)Not recorded
2024Reached 103 employees (October 2024)Not recorded
2023Reached 103 employees (December 2023)Not recorded
2022Reached 56 employees (December 2022)Not recorded
2022Reached 27 employees (May 2022)Not recorded
2021Reached 20 employees (December 2021)Not recorded

Frequently Asked Questions about Explorex

What is Explorex's revenue?

As of 2024, Explorex generated an estimated $9.4M in annual 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 across 3 rounds.

How many employees does Explorex have?

As of 2024, Explorex had 60 employees.

Where is Explorex headquartered?

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.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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