SaaS startup Explorex raised $5 million seed led by Super Angel’s Taher Savliwala and others

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Restaurant-focused full stack SaaS startup Explorex raised $5 million seed led by Super Angel’s Taher Savliwala, Twitch cofounder Kevin Lin, Fitbit CEO James Park, Oura’s Harpreet Rai and Relationship hero cofounder Liron Shapira.

Explorex is a business-to-business SaaS startup that helps restaurants digitise their operations. The funding will be used by the startup to accelerate product development and scale up growth-related initiatives. Explorex will also use the funds to expand in major cities such as Mumbai and Delhi. Explorex currently operates in over 15 cities and serves over 100 customers, including Bengaluru-based pubs Levitate and Loft38. According to an Inc42 report, in the third quarter (Q3) of the calendar year 2022, enterprisetech startups raised $423.5 Mn in 58 funding deals (CY22). Between 2014 and Q3 2022, the Indian enterprisetech domain saw startups raise $11.8 billion in 1,440 deals.

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SaaS startup Explorex raised $5 million seed led by Super Angel’s Taher Savliwala and others

Restaurant-focused full stack SaaS startup Explorex raised $5 million seed led by Super Angel’s Taher Savliwala, Twitch cofounder Kevin Lin, Fitbit CEO James Park, Oura’s Harpreet Rai and Relationship hero cofounder Liron Shapira.

Explorex is a business-to-business SaaS startup that helps restaurants digitise their operations. The funding will be used by the startup to accelerate product development and scale up growth-related initiatives. Explorex will also use the funds to expand in major cities such as Mumbai and Delhi. Explorex currently operates in over 15 cities and serves over 100 customers, including Bengaluru-based pubs Levitate and Loft38. According to an Inc42 report, in the third quarter (Q3) of the calendar year 2022, enterprisetech startups raised $423.5 Mn in 58 funding deals (CY22). Between 2014 and Q3 2022, the Indian enterprisetech domain saw startups raise $11.8 billion in 1,440 deals.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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