About Ergos
Ergos is a company based in Bengaluru (India) founded in 2012 by Praveen Kumar and Kishor Kumar Jha. Ergos has raised $32.21 million across 9 funding rounds from investors including British International Investment, Abler Nordic and Aavishkaar Capital. Ergos offers products and services including Grainbank Platform, Farmer App, and Buyer App. Ergos operates in a competitive market with competitors including Hesa, TerraMagna, Degas, Techcoop and Tingo Group, among others.
- Headquarter Bengaluru, India
- Founders Praveen Kumar, Kishor Kumar Jha
- Stage Minicorn
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website ergos.in
- Social LinkedIn X Facebook YouTube
- Legal Name Ergos Business Solutions Private Limited
- Date of Incorporation 02 Apr, 2012
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹224 Cr
FY 2025 · +40% YoY
- Net Loss-₹5.92 Cr
FY 2025 · -3% margin
- EBITDA-₹4.58 Cr
FY 2025 · -2% margin
- Total Equity Funding$32.21M (USD)
in 9 rounds
- InvestorsBritish International Investment
& 6 more
Associated legal entities of Ergos
Ergos operates through Ergos Business Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ergos Business Solutions Private Limited CIN U74900KA2012PTC063357 | Active | 02 Apr 2012 | Bangalore, Karnataka | ₹224 Cr | 426 | 6 | View details |
Products & Services of Ergos
Ergos offers a comprehensive portfolio of products and services, including Grainbank Platform, Farmer App, and Buyer App.
Platform for digitizing grains and enabling storage and trading.
App for farmers to manage grain storage and sales transactions.
App for buyers to access grain supplies and process purchases.
Apps and channels of Ergos
its YouTube channel ERGOS GrainBank has 296 subscribers and 25 videos.
Videos from Ergos
The most watched videos on Ergos's YouTube channel, ERGOS GrainBank (296 subscribers). Click a video to play it here.
More on ERGOS GrainBank.
Funding Insights of Ergos
Ergos has successfully raised a total of $32.21M across 9 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $32.21M
- Total Rounds 9
- Investors Count 7
All 9 funding rounds of Ergos with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | – | Debt – Conventional | – | – | – |
| Sep 2023 | $10M | Series B | – | Abler Nordic | |
| Sep 2022 | $134,707 | Series A | $51.53M | Trifecta Capital | – |
| Feb 2021 | $7.5M | Series A | – | British International Investment | – |
| Oct 2020 | $8.32M | Series A | $20.35M | – | |
| Mar 2020 | $5M | Series A | $••••• | Aavishkaar Capital | – |
| Mar 2017 | $611,724 | Seed | $••••• | Aavishkaar Capital | – |
| Mar 2015 | $643,792 | Seed | $••••• | Aavishkaar Capital | |
| Dec 2014 | – | Seed | – | Aavishkaar Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2022 | $51.53M | •••••••• |
| Oct 2020 | $20.35M | •••••••• |
| Mar 2020 | $••••• | •••••••• |
| Mar 2017 | $••••• | •••••••• |
| Mar 2015 | $••••• | •••••••• |
Full valuation and stage history of Ergos
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $51.53M (Sep 2022). 7 investors in total: 5 institutional and 2 angel.
Investors in Ergos
Ergos has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include British International Investment, Abler Nordic and Aavishkaar Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing in financial institutions for inclusion in Africa and Asia. | 2008 | ablernordic.com | Oslo, Norway | |
Venture capital firm | – | aavishkaarcapital.in | Mumbai, India | |
Venture capital fund focused on seed-stage startups | – | chiratae.com | Bengaluru, India | |
Private debt and equity funds are managed for technology sectors. | – | trifectacapital.in | Gurugram, India | |
Government agency focused on small and medium-sized businesses | 1948 | bii.co.uk | London, United Kingdom | |
GG Gautam Gupta | Angel investor, ex-CEO of NatureBox, active in Indian startup ecosystem | – | unknown_279a1ddef60a41259 | - |
MH Madhur Hamnani | - | – | unknown_2df290ed9e1743a38 | - |
Investor details for Ergos
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ergos Business Solutions Private Limited (Ergos)
Ergos Business Solutions Private Limited is the primary company behind Ergos. The board of Ergos Business Solutions Private Limited currently have 6 directors; the longest-serving is Kishor Kumar Jha, appointed in 2012. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kishor Kumar Jha DIN 05228732 | Director | 02 Apr 2012 | 14 yrs 6 mo | Ergos Business Solutions Private Limited |
| Praveen Kumar DIN 06726595 | Director | 05 Mar 2015 | 11 yrs 7 mo | Ergos Business Solutions Private Limited |
| Smriti Chandra DIN 07644331 | Nominee Director | 21 Nov 2023 | 2 yrs 10 mo | Ergos Business Solutions Private Limited |
| Shashvat Rai DIN 08024265 | Nominee Director | 27 Mar 2024 | 2 yrs 6 mo | Ergos Business Solutions Private Limited |
| Rahul Kumar Srivastava DIN 00394067 | Director | 16 Jul 2024 | 2 yrs 2 mo | Ergos Business Solutions Private Limited |
| Chandraneel Polavarapu DIN 11301990 | Nominee Director | 20 Sep 2025 | 1 yr | Ergos Business Solutions Private Limited |
People of Ergos
20 people are tracked at Ergos (5 in leadership, 3 in board & advisors, 12 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership | |
Gopal Banka | Head Of Finance & Accounts | Leadership |
Durgesh Singh Tomar | Head - MIS & Operation | Leadership |
Manish Sinha | Head- Regional Farmer Engagement | Leadership |
Shri D K Mittal | Chariman | Board & advisors |
Ajay Maniar | Director | Board & advisors |
Indresh Batra | Director | Board & advisors |
Jyoti Choudhary | DGM, Human Resources | Team |
Kavya G | Assistant Manager Human Resources-it | Team |
Ashwin Kp | Software Developer | Team |
Girish Kumar Karupakulu | Product Manager | Team |
Raman Kumar | Senior Finance And Account Manager | Team |
Sarika Gupta | Lead - Talent Acquisition | Team |
Avtar Kumar | Senior Officer | Team |
Pramod H.n | Senior Android Developer | Team |
Senthoorpandian Shanmugam | Engineering Manager | Team |
Anup Khapre | Senior Executive Administrative | Team |
Ashutosh Kumar | Manager | Team |
Krishna Raj | Lead Angular Developer | Team |
Complete people profiles for Ergos
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ergos
Figures of Ergos Business Solutions Private Limited, the primary company behind Ergos, for FY 2025. Revenue was ₹224 Cr (+40% year on year). Net loss was -₹5.92 Cr (-3% margin). EBITDA was -₹4.58 Cr (-2% margin). Revenue has grown at a compounded annual rate of +18% over three years and +56% over five years.
- ₹224 CrRevenue · FY 2025 · +40% YoY
- -₹5.92 CrNet loss · -3% margin
- -₹4.58 CrEBITDA · -2% margin
- ₹2.07 CrPaid-up capital
- 426Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +56%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ergos Business Solutions Private Limited are on its company page.
Detailed financial statements for Ergos
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Ergos
4 dated milestones of Ergos across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Ergos is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional,.
Competitors of Ergos
Ergos operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hesa, TerraMagna, Degas, Techcoop and Tingo Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hesa.co | 2012 | Hyderabad, India | $6.56M | 24 | Provider of fintech and agritech company to connect rural communities with urban businesses | |
| terramagna.com.br | 2016 | Sao Jose Dos Campos, Brazil | $12.74M | – | Provider of satellite imaging services for the agriculture industry | |
| degasafrica.com | 2019 | Shibuya, Japan | $16.66M | – | Agricultural inputs for harvesting are supplied by Degas. | |
| techcoop.vn | 2022 | Thu Duc, Vietnam | $33M | – | Lending solutions for agriculture stakeholders are offered by Techcoop. | |
| tingogroup.com | 2001 | Montvale, United States | – | – | Fintech and Agri-Fintech solutions are provided to rural communities globally. | |
| ufarmx.com | 2019 | Columbia, United States | – | – | Blockchain-based platform connects investors to smallholder farming activities. | |
| mbragro.com.br | 2020 | Piracicaba, Brazil | – | – | Provider of agricultural risk management solutions |
Detailed competitors of Ergos
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Ergos
The website of Ergos (ergos.in) receives about 2.3K visits a month.
- Monthly visits2.3K
▲ 7.6% vs previous month
Websites whose visitors overlap most with Ergos. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| facebook.com | 100% | 12.1B | #3 | View details |
Latest news on Ergos
Complete news archive for Ergos
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Ergos
10 companies that operate in the same segment as Ergos (Crop Tech & Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Cannabis products are provided to support consumer wellness and health. | 2013 | Smiths Falls, Ontario, Canada | – | USD 204.24 M | 960 | |
Provider of plant-based food ingredients | 2012 | St. Louis, Missouri, United States | USD 406.99 M | USD 470 M | – | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
Provider of farmers networking platform | 2014 | San Carlos, California, United States | USD 983.39 M | – | – | |
Manufacturer and distributor of irrigation equipment | 1963 | Jalgaon, Maharashtra, India | – | USD 679.04 M | 12,280 | |
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 31.86 M | 1,249 | |
Crop protection solutions and hybrid seeds are provided for farming. | 2000 | Basel, Basel-stadt, Switzerland | – | – | – | |
SaaS-based B2B solutions for food supply chains are provided. | 2015 | Gurugram, Haryana, India | USD 51.11 M | USD 124.42 M | 373 | |
DeHaat is recognized as an online marketplace for farmers. | 2012 | Patna, Bihar, India | USD 223.57 M | USD 240.09 M | 2,011 |
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Frequently Asked Questions about Ergos
Ergos was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Ergos is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Kishor Kumar Jha is the current CEO of Ergos. They have also founded this company.
Ergos is a funded company, having raised a total of $32.21M across 9 funding rounds to date.
The primary company behind Ergos, Ergos Business Solutions Private Limited, reported revenue of ₹224 Cr for FY 2025, up 40% year on year.
Ergos was founded in 2012 in Bengaluru, India, as a provider of a digital platform focused on grain storage and trading within the agritech sector. Grain is stored by farmers in scientifically managed warehouses, where it is converted into tradable digital assets. Access to credit from partner financial institutions is facilitated through the platform, supporting agricultural operations across India.
Ergos offers Grainbank Platform, Farmer App, and Buyer App.
Ergos has 7 investors. Key investors include British International Investment, Abler Nordic, Aavishkaar Capital, Chiratae Ventures, and Trifecta Capital.
The valuation of Ergos is $51.53M as of Sep 2022.
Ergos operates through Ergos Business Solutions Private Limited.
The legal entities of Ergos currently have 6 directors, including Kishor Kumar Jha, Praveen Kumar, Chandraneel Polavarapu and others.