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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
8822983
Conventional Debt
5088577
4711797
4311159
6243305
Sep 21, 2023
1036258
Series B
3814825
2842594
9773010
Sep 30, 2022
9893537
Series A
6145613
2790309
9681636
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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
uuaiqpq
Independent board member
-
Past
3y 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
4143256
9857063
9815687
4485718
5404367
3543184
4321403
6779960
1441117
6982888
4936
8101
4690
5359
9844
5101
Fund
79.55%
201Cr
2168077
7912183
1641333
7070115
2858180
3778592
2172041
9554633
6382754
1171200
7906781
7983455
8901199
1896283
2476738
8009065
3894575
1754545
4337272
9737806
9754585
4158506
0
0
0
0
0
0
Angel
0.24%
60.7L
0
0
0
0
ESOP Pool
5.69%
14.4Cr
64324
30156
29905
18278
Total
100.00%
253Cr
9541675
7500127
5209585
3657821
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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
Ergos launches "GrainBank Loyalty Cards for Farmers"Asian News InternationalApr 01, 2022Ergos
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