Explorex Raises $5 Million in Seed Round  

by Kay Aloha Villamor in October 12th, 2022

Explorex, a Bengaluru, India-based Y Combinator-backed startup focusing on the restaurant industry, raised $5 million in a seed round.

The round was led by Taher Savliwala (Super Angel), with participation from Kevin Lin (co-founder of Twitch), James Park (co-founder and CEO of Fitbit), Harpreet Rai (CEO of Oura), and Liron Shapira (co-founder of Relationship Hero).

Explorex will use this funding round towards product development and growth-related activities, including expansion in metros like Mumbai and Delhi.

Talking about their ecosystem solution, Explorex founder and CEO Mainak Sarkar said, “Our ecosystem solution is not only helping restaurant owners make more money, but also enabling them to provide their staff with a much better workplace experience as well as providing their customers with an enhanced dining experience.”

Company: Explorex, Inc.

Raised: $5.0M

Round: Seed Round

Funding Month: October 2022

Lead Investors: Taher Savliwala

Additional Investors: Kevin Lin, James Park, Harpreet Rai, and Liron Shapira

Company Website: https://explorex.co/

Software Category: Restaurant Management 

About the Company: Founded in 2020 by Mainak Sarkar and Pritam Khan, Explorex is a B2B SaaS startup that enables restaurants to digitize their operations. It has built a full-stack operating system called Bridge OS, designed to suit all the needs of the restaurant industry. This platform assists the restaurant’s management team with - digitizing the orders via QR code ordering, payment processing tool, guest data collection and recognition tool, inventory and recipe management tool, and financial management tool. Its mission is to enable retail businesses to provide their customers with the best purchase experience. 

Source: https://yourstory.com/2022/10/funding-alert-yc-backed-explorex-raises-5-million-/amp

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