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Eruvaka Technologies - About the company

Eruvaka Technologies is an acquired company based in Hyderabad (India), founded in 2012 by Sreeram 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 117 active competitors, including 16 funded and 13 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.
Social
XFacebook
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
Investors
Ranked
Annual Revenue
₹64.8Cr as on Mar 31, 2025
Employee Count
121 as on Aug 31, 2025
Similar Companies
Exit Details
Acquired by Nutreco (Jun 30, 2022)

Eruvaka Technologies's acquisition details

Eruvaka Technologies got acquired by Nutreco on Jun 30, 2022.
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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
9176984
Series B
8601706
7777001
2369839
8358366
Oct 20, 2015
1159530
Series A
9624427
8651104
6619397
3550878
Oct 03, 2013
5343295
Series A
2409778
1972646
3538387
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Eruvaka Technologies' founders and board of directors

Founder? Claim Profile
The founders of Eruvaka Technologies is Sreeram Raavi. Kunal Choudhary is the CEO of Eruvaka Technologies.
Here are the details of Eruvaka Technologies' key team 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:
Employee count trend for Eruvaka Technologies
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CropX
CropX
2013, Tel Aviv (Israel), Series C
Provider of digital agronomy platform for precision hardware and software
$51.4M
65/100
2nd
Logo for Lindsay
Lindsay
1955, Omaha (United States), Public
Manufacturer of irrigation systems, road safety products, and industrial technology
-
-
57/100
3rd
Logo for BioSort
BioSort
2010, Fornebu (Norway), Series B
Provider of sensor-based solutions for fish health monitoring using AI and Machine vision
$10.5M
51/100
4th
Logo for Eruvaka Technologies
Eruvaka Technologies
2012, Hyderabad (India), Acquired
Provider of innovative IoT solutions for automating and digitizing aquaculture farming operations
$6.76M
43/100
5th
Logo for OTAQ
OTAQ
2012, Lancaster (United Kingdom), Acquired
Marine technology solutions for harsh environments, offshore energy, and underwater connectors
-
40/100
6th
Logo for Watergenics
Watergenics
2019, Berlin (Germany), Funding Raised
Developer of real-time water quality monitoring hardware and software solutions
-
38/100
7th
Logo for Osmo Systems
Osmo Systems
2013, Oakland (United States), Series A
Monitoring system for hydroponic and aquaculture systems
$3.37M
36/100
8th
Logo for Agrow Analytics
Agrow Analytics
2020, Valencia (Spain), Seed
Provider of web and AI-based irrigation analytics solutions to farmers
$704K
35/100
9th
Logo for Reyocto
Reyocto
2017, Bengaluru (India), Unfunded
Provider of IoT device for agriculture monitoring
-
-
35/100
10th
Logo for Telaqua
Telaqua
2018, Marseille (France), Series A
Provider of smart irrigation solutions for agriculture
$4.22M
35/100
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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
8962612
6493327
5869764
9587022
5443727
2353617
2757879
1215182
2349685
7856202
Fund
58.55%
64Cr
1799416
7192701
3795069
4853477
2358420
7257166
9282464
8039400
7952340
8183689
8424840
2892902
1286334
9906292
4587496
1358506
Total
100.00%
109Cr
8869786
4019216
9615337
3498682
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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

Eruvaka Technologies's Investments and acquisitions

Eruvaka Technologies has made no investments or acquisitions yet.

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