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Ergos - About the company

Ergos is a series B company based in Bengaluru (India), founded in 2012 by Praveen Kumar, Rajiv Chelladurai, Kishor Kumar Jha and Marcin Sikorski. It operates as a Digitizing agriculture, empowering farmers with grain storage, credit, and market access. Ergos has raised $32.2M in funding from investors like Aavishkaar Capital, Trifecta Capital and British International Investment, with a current valuation of $*****. The company has 184 active competitors, including 49 funded and 4 that have exited. Its top competitors include companies like Samunnati, Growers Edge and FarmRaise.

Company Details

Digitizing agriculture, empowering farmers with grain storage, credit, and market access. The company operates a Grainbank platform, enabling farmers to convert grains into tradable digital assets. This innovative approach facilitates access to credit through partner financial institutions and ensures better prices for produce. The platform addresses challenges faced by small and marginal farmers, providing solutions for storage, reducing post-harvest losses, and mitigating exploitation by traders. The model offers scientifically managed warehouses at the farmgate, credit availability, and market linkage, empowering farmers with choices regarding when, how much, and at what price to sell their produce. This creates a social impact by improving livelihoods and promoting sustainable income for farmers. The company uses technology for direct farmer engagement, offering solutions to stakeholders.
Website
ergos.in
Social
XFacebook
Email ID
*****@ergos.in
Phone Number
+91 **********
Registered Address
Office No. 332, Sy. No. 17, Thimmaiah Road, (Off Queens Road), Vasanth Nagar Bangalore-560052, Yelahanka, Bangalore, Bangalore North, Karnataka, India, 560052
Key Metrics
Founded Year
2012
Location
Bengaluru, India
Stage
Series B
Total Funding
$32.2M in 9 rounds
Post Money Valuation
$***** as on Sep 21, 2023
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
218 as on Aug 31, 2025
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Ergos's funding and investors

Ergos has raised a total funding of $32.2M over 9 rounds. Its first funding round was on Dec 2014. Ergos has 5 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Ergos:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 22, 2023
4099010
Conventional Debt
7368918
8549653
6923799
6973994
Sep 21, 2023
6315060
Series B
2669487
8001216
4698060
Sep 30, 2022
1862231
Series A
4680457
9526774
5217613
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Ergos' founders and board of directors

Founder? Claim Profile
The founders of Ergos are Praveen Kumar, Rajiv Chelladurai, Kishor Kumar Jha and Marcin Sikorski. Kishor Kumar Jha is the CEO of Ergos.
Here are the details of Ergos' key team members:

Ergos' Board of Directors

Ergos's board has 3 active members. Praveen Kumar is part of team and Meenakshi Sundaram and Dinesh Kumar Mittal are independent board members.
Here is the list of Ergos' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 6m
Independent board member
-
Current
5y 3m
iet{rme
Independent board member
-
Past
2y 4m

Ergos' employee count trend

Ergos has 218 employees as of Aug 25. Here is Ergos's employee count trend over the years:
Employee count trend for Ergos
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Ergos's Competitors and alternates

Top competitors of Ergos include Samunnati, Growers Edge and FarmRaise. Here is the list of Top 10 competitors of Ergos, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Samunnati
Samunnati
2014, Chennai (India), Series E
Agri enterprise empowering farmers through finance, trade, innovation, and community
$135M
65/100
2nd
Logo for Growers Edge
Growers Edge
2017, Johnston (United States), Series C
Provider of financial lending products for agricultural and farming operations
$109M
65/100
3rd
Logo for FarmRaise
FarmRaise
2013, San Francisco (United States), Seed
Online marketplace for farm loans
$7.2M
62/100
4th
Logo for Ambrook
Ambrook
2021, Denver (United States), Series B
Online lending marketplace for agricultural loans
$29M
61/100
5th
Logo for Agrosperity Tech Solutions
Agrosperity Tech Solutions
2021, Chennai (India), Seed
Provider of an online marketplace platform for loans to farmers
$4.49M
58/100
6th
Logo for Unnati
Unnati
2017, Noida (India), Series B
Provider of banking services agri inputs and crop output sales
$40.4M
54/100
7th
Logo for InSoil
InSoil
2020, Vilnius (Lithuania), Seed
Firm providing funds to farmers to restore soil health
$5.3M
54/100
8th
Logo for ProducePay
ProducePay
2014, Los Angeles (United States), Series D
Provider of financial and supply chain solutions for the produce industry
$104M
51/100
9th
Logo for Ergos
Ergos
2012, Bengaluru (India), Series B
Digitizing agriculture, empowering farmers with grain storage, credit, and market access
$32.2M
51/100
10th
Logo for Agrolend
Agrolend
2020, Sao Paulo (Brazil), Series C
Agrolend: Financing Brazilian agribusiness with innovative credit solutions and strategic partnerships
$96.2M
48/100
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Ergos's Latest cap tables and shareholding

Founders own 14.53%, Funds (largest shareholder) own 79.55%, Angels own 0.24% and ESOP Pool own 5.69%. The net worth of Ergos's founders is INR 36.8Cr as of Sep 21, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
14.53%
36.8Cr
1489429
2600991
4348503
1861273
2513640
7550198
1918655
7227858
6951238
3721424
1707
2587
8711
4569
4070
5706
Fund
79.55%
201Cr
8283914
1232897
6875232
7156678
9707962
6916848
6550674
2845132
2240458
2495757
3339466
9181134
6051535
3998596
3668944
4675603
4058175
5979229
7785160
3031313
1260491
4058280
0
0
0
0
0
0
Angel
0.24%
60.7L
0
0
0
0
ESOP Pool
5.69%
14.4Cr
26524
63560
11303
96352
Total
100.00%
253Cr
7352350
4506263
8939080
3934618
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Ergos's Shareholding

Ergos's Investments and acquisitions

Ergos has made no investments or acquisitions yet.

Reports related to Ergos

Here is the latest report on Ergos's sector:

News related to Ergos

lockFilter this list
•
Zouk to Raises $10 Mn Funding from Aavishkaar CapitalViestories•Oct 07, 2024•Zouk, Agrostar, Altum Credo, Ergos and 4 others
•
Ergos launches "GrainBank Loyalty Cards for Farmers"Asian News International•Apr 01, 2022•Ergos
•
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