Eruvaka Technologies - About the company
Eruvaka Technologies is an acquired company based in Hyderabad (India), founded in 2012 by Sree Ram Raavi. It operates as a Provider of innovative IoT solutions for automating and digitizing aquaculture farming operations. Eruvaka Technologies has raised $6.76M in funding from Omnivore and Nutreco, with last known valuation of $*****. The company has 157 active competitors, including 19 funded and 14 that have exited. Its top competitors include companies like CropX, Lindsay and BioSort.
Company Details
Provider of innovative IoT solutions for automating and digitizing aquaculture farming operations. It offers IoT-based solutions for aquaculture farmers, enhancing shrimp farming efficiency and sustainability. Their advanced pond management and diagnostic solutions aim to automate and digitize farming processes.
- Website
- eruvaka.com
- Social
- Email ID
- *****@eruvaka.com
- Phone Number
- +91 **********
- Registered Address
- UNIT NO. L4 04, SLN TERMINUS, JAYABHERI ENLCAVE, Gachibowli, K.V.Rangareddy, Seri Lingampally, Telangana, India, 500032
Key Metrics
Founded Year
2012
Location
Hyderabad, India
Stage
Acquired
Total Funding
$6.76M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Apr 25, 2018
Ranked
4th among 157 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
121 as on Aug 31, 2025
Exit Details
Acquired by Nutreco (Jun 30, 2022)
Legal entities associated with Eruvaka Technologies
Eruvaka Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ERUVAKA TECHNOLOGIES PRIVATE LIMITED CIN: U72300TS2012PTC181447 , India, Active | Oct 05, 2012 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 121 (As on Aug 31, 2025) |
Eruvaka Technologies's acquisition details
Eruvaka Technologies got acquired by Nutreco on Jun 30, 2022.
Click here to take a look at Eruvaka Technologies's acquisition in detail
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Eruvaka Technologies's funding and investors
Eruvaka Technologies has raised a total funding of $6.76M over 3 rounds. Its first funding round was on Oct 03, 2013. Its latest funding round was a Series B round on Feb 14, 2018 for $*****. 2 investors participated in its latest round. Eruvaka Technologies has 3 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Eruvaka Technologies:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 14, 2018 | 2066228 | Series B | 6123348 | 4613829 | 4284617 | 8675165 |
Oct 20, 2015 | 8802933 | Series A | 2076882 | 1374530 | 2808848 | 4142990 |
Oct 03, 2013 | 2643886 | Series A | 3426816 | 8770528 | 4728090 |
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Eruvaka Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Eruvaka Technologies is Sree Ram Raavi. Kunal Choudhary is the CEO of Eruvaka Technologies.
Here are the details of Eruvaka Technologies' key team members:
- Sree Ram Raavi: Former Founder of Eruvaka Technologies. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Kunal Choudhary: Founder & Director of Eruvaka Technologies. They are also an angel investor in 2 startups.Contact Info: 1 email address and 1 phone number
View details of Eruvaka Technologies's Founder profiles and Board Members
Eruvaka Technologies' employee count trend
Eruvaka Technologies has 121 employees as of Aug 25. The total employee count is 6.0% more than what it was in Aug 24. Here is Eruvaka Technologies's employee count trend over the years:
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Eruvaka Technologies's Competitors and alternates
Top competitors of Eruvaka Technologies include CropX, Lindsay and BioSort. Here is the list of Top 10 competitors of Eruvaka Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital agronomy platform for precision hardware and software | $51.4M | 66/100 | ||
2nd |  Lindsay 1955, Omaha (United States), Public | Manufacturer of irrigation systems, road safety products, and industrial technology | - | - | 57/100 |
3rd | Provider of sensor-based solutions for fish health monitoring using AI and Machine vision | $10.5M | 51/100 | ||
4th | Eruvaka Technologies 2012, Hyderabad (India), Acquired | Provider of innovative IoT solutions for automating and digitizing aquaculture farming operations | $6.76M | 44/100 | |
5th | NatureDots 2020, Delhi (India), Funding Raised | Developer of digital twin technology for water and aquatic environments | - | 41/100 | |
6th | OTAQ 2012, Lancaster (United Kingdom), Acquired | Marine technology solutions for harsh environments, offshore energy, and underwater connectors | - | 40/100 | |
7th |  Seneye Abc 2010, Norwich (United Kingdom), Unfunded | Integrated platform for continuous monitoring of fish pond, fish tanks, and reefs | - | - | 38/100 |
8th |  Watergenics 2019, Berlin (Germany), Funding Raised | Developer of real-time water quality monitoring hardware and software solutions | - | 38/100 | |
9th | Real-time monitoring of fish welfare, health, weight, and feeding | - | 37/100 | ||
10th | Provider of IoT device for agriculture monitoring | - | - | 36/100 |
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Eruvaka Technologies's Latest cap tables and shareholding
Founders own 41.45% and Funds (largest shareholder) own 58.55%. The net worth of Eruvaka Technologies's founders is INR 45.3Cr as of Apr 25, 2018.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 41.45% | 45.3Cr | 8546428 | 8035145 | 8695884 | 5416105 |
8927509 | 4250492 | 6949083 | 7745823 | 4247534 | 2431148 | |
Fund | 58.55% | 64Cr | 1203870 | 7738555 | 8714639 | 9291377 |
5674014 | 3098677 | 1066471 | 9398416 | 4494565 | 2617745 | |
2353659 | 8669149 | 2599722 | 6084707 | 9481652 | 2069758 | |
Total | 100.00% | 109Cr | 6828111 | 4496582 | 6363247 | 7392823 |
To unlock detailed Cap Table of Eruvaka Technologies 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 Eruvaka Technologies's Shareholding
Eruvaka Technologies's Investments and acquisitions
Eruvaka Technologies has made no investments or acquisitions yet.
Reports related to Eruvaka Technologies
Here is the latest report on Eruvaka Technologies's sector:
News related to Eruvaka Technologies
•
Nutreco buys Indian aquatech Eruvaka for $40m-$50m in exit for OmnivoreAgFunderNews•Aug 04, 2022•Nutreco, Eruvaka Technologies, Omnivore
•
Omnivore exits portfolio firm Eruvaka with 9-10x returnsVCCircle•Aug 02, 2022•Omnivore, Eruvaka Technologies, Nutreco
•
Nutreco acquires full ownership of Indian aquaculture technology firm EruvakaSeafoodSource•Jul 05, 2022•Nutreco, Eruvaka Technologies, Omnivore
•
Aquaculture platform Aquaconnect raises $1.1M seed round from Omnivore and HATCHThefishsite•Sep 25, 2019•Aquaconnect, Omnivore, Hatch, Eruvaka Technologies
•
AgroStar gets $27M Series C to give more Indian farmers increased crop production with data analyticsTechCrunch+•Mar 13, 2019•Agrostar, CropIn, Chiratae Ventures, Gates and 8 others
•
Netherlands’ Nutreco leads Series B in EruvakaIndiatimes•Apr 30, 2018•Eruvaka Technologies, Omnivore, Nutreco
•
Omnivore Partners invests $1M in cold storage maker Ecozen Solutions; Villgro exitsVCCircle•Apr 07, 2015•Omnivore, Ecozen Solutions, Skymet, Khedut Agro and 4 others
•
Vijayawada-based agri-tech startup Eruvaka raises Series A funding from Omnivore Partners | TechcircleVCCircle•Nov 27, 2013•Eruvaka Technologies, Omnivore
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