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
- 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
Latest Funding Round
Post Money Valuation
$***** as on Sep 21, 2023
Investors
Ranked
9th among 184 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
218 as on Aug 31, 2025
Legal entities associated with Ergos
Ergos is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ERGOS BUSINESS SOLUTIONS PRIVATE LIMITED CIN: U74900KA2012PTC063357 , India, Active | Apr 02, 2012 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 216 (As on Apr 01, 2026) |
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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:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 22, 2023 | 1570537 | Conventional Debt | 9252322 | 9734647 | 2100035 | 4993136 |
Sep 21, 2023 | 9937528 | Series B | 5986315 | 6691054 | 1372890 | |
Sep 30, 2022 | 8984228 | Series A | 9440229 | 6674446 | 1055080 |
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Ergos' founders and board of directors
Founder? Claim ProfileThe 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:
- Praveen Kumar: Co-Founder & COO of Ergos. They are also an angel investor in 17 startups and serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Rajiv Chelladurai: Founder of Ergos. Contact Info: 1 email address
- Kishor Kumar Jha: Co-Founder & CEO of Ergos. Contact Info: 1 email address
- Marcin Sikorski: Owner of Ergos. Contact Info: 1 email address
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 | |
mdup{ni | Independent board member | - | Past | 8y 2m |
View details of Ergos's Founder profiles and Board Members
Ergos' employee count trend
Ergos has 218 employees as of Aug 25. Here is Ergos's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Agri enterprise empowering farmers through finance, trade, innovation, and community | $135M | 65/100 | ||
2nd | Growers Edge 2017, Johnston (United States), Series C | Provider of financial lending products for agricultural and farming operations | $109M | 65/100 | |
3rd |  FarmRaise 2013, San Francisco (United States), Seed | Online marketplace for farm loans | $7.2M | 62/100 | |
4th |  Ambrook 2021, Denver (United States), Series B | Online lending marketplace for agricultural loans | $29M | 61/100 | |
5th |  Agrosperity Tech Solutions 2021, Chennai (India), Seed | Provider of an online marketplace platform for loans to farmers | $4.49M | 58/100 | |
6th | Provider of banking services agri inputs and crop output sales | $40.4M | 54/100 | ||
7th | Firm providing funds to farmers to restore soil health | $5.3M | 54/100 | ||
8th |  ProducePay 2014, Los Angeles (United States), Series D | Provider of financial and supply chain solutions for the produce industry | $104M | 51/100 | |
9th | Digitizing agriculture, empowering farmers with grain storage, credit, and market access | $32.2M | 51/100 | ||
10th | 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 | 6138538 | 3176411 | 5847141 | 7220184 |
8323562 | 4705952 | 4899358 | 4624638 | 2932331 | 6501143 | |
8086 | 1076 | 3701 | 1031 | 1596 | 1453 | |
Fund | 79.55% | 201Cr | 7812907 | 3302642 | 1923062 | 5167627 |
8863972 | 9449371 | 4155240 | 7149910 | 9794673 | 3816337 | |
3472937 | 9389413 | 8390307 | 4520554 | 2799258 | 3748832 | |
4729301 | 2597857 | 3821180 | 3803170 | 3835632 | 8000869 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Angel | 0.24% | 60.7L | 0 | 0 | 0 | 0 |
ESOP Pool | 5.69% | 14.4Cr | 80929 | 91023 | 32086 | 67743 |
Total | 100.00% | 253Cr | 4857757 | 7538250 | 4036521 | 6664145 |
To unlock detailed Cap Table of Ergos Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView 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
Filter this list•
Zouk to Raises $10 Mn Funding from Aavishkaar CapitalViestories•Oct 07, 2024•Zouk, Agrostar, Altum Credo, Ergos and 4 others
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Agritech Startup Ergos Secures $10 Mn Series B To Digitise Grain StorageStartupNews•Feb 03, 2024•Ergos, Abler Nordic, Aavishkaar Capital, Chiratae Ventures and 2 others
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Abler Nordic Leads $10m Equity, Debt Investment Round for Ergos, Agtech Offering Crop Storage in IndiaMicroCapital•Oct 12, 2023•Abler Nordic, Ergos
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Ergos Snags USD 10 Million As Abler Nordic Joins Cap TableEnablers•Sep 22, 2023•Ergos, Abler Nordic, Aavishkaar Capital, Chiratae Ventures and 2 others
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Ergos’ $7.5 Million Series A Funding RoundGlobal Legal Chronicle•Feb 08, 2021•Jerome Merchant + Partners, CDC Group, Ergos
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CDC Group backs Patna-based agritech startup ErgosEntrackr•Dec 11, 2020•CDC Group, Ergos, Aavishkaar Capital, Chiratae Ventures and 2 others
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ERGOS: From grain bags to a digitised Grain BankFinancial Express•Jun 15, 2020•Ergos, Aavishkaar Capital
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