EroNKan

Bengaluru, India Founded: 2014 • Age: 12 yrs Minicorn
Cloud-based data analytics for manufacturing machines are provided.

About EroNKan

EroNKan is a Technology company based in Bengaluru (India) founded in 2014 by Ketan Parekh, Rajan Vasa, and Vish Desai. Cloud-based data analytics for manufacturing machines are provided. It operates in the Technology and Industrial Goods & Manufacturing sectors. EroNKan has raised $776.09 thousand across 2 funding rounds from investors including Gujarat Venture Finance and Keyur Virani. The company has 18 employees. EroNKan was last valued at $3.88 million in February 2019. Its chief executive, as recorded, is Ketan Parekh. Its Indian entity Eronkan Technologies Private Limited reported revenue of β‚Ή1.82 Cr. EroNKan offers products and services including SNAX, Weigher Management System, Process Management System, and Truck Management System. Its focus areas include High Tech, IoT Applications, Industry Specific and Manufacturing.

Company details

EroNKan was founded in 2014 in Bengaluru, India, as a platform focused on the manufacturing sector. Machine data is collected through cloud infrastructure and analyzed to generate insights on process efficiency, production quality, and output volume. Real-time analytics and KPI dashboards are delivered based on this data, supporting operational monitoring across manufacturing environments.

  • Headquarters Bengaluru, India
  • Employees 18
  • Founders Ketan Parekh, Rajan Vasa, Vish Desai
  • Stage Minicorn
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website eronkan.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Eronkan Technologies Private Limited
  • Date of Incorporation 01 Sep, 2014
  • Jurisdiction Ahmedabad, Gujarat, India
Key Metrics
  • Annual Revenue
    ₹1.82 Cr

    FY 2025 · -2% YoY

  • Net Profit
    ₹26.1 Lakh

    FY 2025 · 14% margin

  • EBITDA
    ₹27.2 Lakh

    FY 2025 · 15% margin

  • Total Equity Funding
    $776.09K (USD)

    in 2 rounds

  • Latest Funding Round
    $702.41K (USD), Series A

    Feb 2019

  • Investors
  • Employee Count
    18

Products & Services of EroNKan

EroNKan offers a comprehensive portfolio of products and services, including SNAX, Weigher Management System, Process Management System, and Truck Management System.

SNAX
Digitalization Platform

End-to-end digitalization for dry snacks manufacturing lines.

Weigher Management System
Packaging Tool

Digital system to reduce packaging losses and monitor efficiency.

Process Management System
Operational Software

Manages manufacturing processes for improved productivity.

Truck Management System
Logistics Tool

Handles transportation and logistics in manufacturing operations.

Funding Insights of EroNKan

EroNKan has successfully raised a total of $776.09K across 2 strategic funding rounds. The most recent funding activity was a Series A round of $702.41 thousand completed in February 2019. 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 $776,088
  • Total Rounds 2
  • Last Round Series A β€” $702,410
  • First Round $73,678

    (May 2018)

  • Investors Count 2

All 2 funding rounds of EroNKan with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2019$702,410Series A$3.88MGujarat Venture Finance
–
May 2018$73,678Angel Round$2.65MKeyur Virani
–
Valuation history
DateValuationStage
Feb 2019$3.88Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2018$2.65Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3.88M (Feb 2019). 2 investors in total: 1 institutional and 1 angel.

Investors in EroNKan

EroNKan has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include Gujarat Venture Finance and Keyur Virani.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are made in Indian startups across multiple sectors.
1990gvfl.comAhmedabad, India

Keyur Virani

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Board of directors of Eronkan Technologies Private Limited (EroNKan)

Eronkan Technologies Private Limited is the primary company behind EroNKan. The board of Eronkan Technologies Private Limited currently have 2 directors; the longest-serving is Ketan Parekh Munikumar, appointed in 2017. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ketan Parekh Munikumar
DIN 06528547
Director05 Sep 20179 yrs 1 moEronkan Technologies Private Limited
Kahaan Rajan Vasa
DIN 06601606
Director30 Sep 20215 yrsEronkan Technologies Private Limited

People of EroNKan

3 people are tracked at EroNKan (3 in leadership); the tracked headcount is 18.

NameRoleGroup
Co-Founder & CEOLeadership
Co-FounderLeadership
Vish Desai
Co-FounderLeadership
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Financials of EroNKan

Figures of Eronkan Technologies Private Limited, the primary company behind EroNKan, for FY 2025. Revenue was ₹1.82 Cr (-2% year on year). Net profit was ₹26.1 Lakh (14% margin). EBITDA was ₹27.2 Lakh (15% margin). Revenue has grown at a compounded annual rate of +11% over three years and +5% over five years.

  • ₹1.82 CrRevenue · FY 2025 · -2% YoY
  • ₹26.1 LakhNet profit · 14% margin
  • ₹27.2 LakhEBITDA · 15% margin
  • ₹2.3 LakhPaid-up capital
  • 18Employees (provident fund records)
  • +11%Revenue CAGR, 3 years
  • +5%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Eronkan Technologies Private Limited are on its company page.

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Detailed financial statements for EroNKan

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Timeline of EroNKan

4 dated milestones of EroNKan across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded EroNKan is founded.
  2. Funding First funding round of $74K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $702K.
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Related news about Eronkan

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Frequently Asked Questions about EroNKan

EroNKan was founded in 2014 and raised its 1st funding round 4 years after it was founded.

EroNKan is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Ketan Parekh is the CEO of EroNKan, as recorded in our data. They have also founded this company.

EroNKan is a funded company, having raised a total of $776.09K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $73.68K, raised on May 2018.

EroNKan has 18 employees.

The primary company behind EroNKan, Eronkan Technologies Private Limited, reported revenue of β‚Ή1.82 Cr for FY 2025, down 2% year on year.

EroNKan was founded in 2014 in Bengaluru, India, as a platform focused on the manufacturing sector. Machine data is collected through cloud infrastructure and analyzed to generate insights on process efficiency, production quality, and output volume. Real-time analytics and KPI dashboards are delivered based on this data, supporting operational monitoring across manufacturing environments.

EroNKan offers SNAX, Weigher Management System, Process Management System, and Truck Management System.

EroNKan has 2 investors. Key investors include Gujarat Venture Finance, and Keyur Virani.

The valuation of EroNKan is $3.88M as of Feb 2019.

EroNKan operates through Eronkan Technologies Private Limited.

The legal entities of EroNKan currently have 2 directors, including Kahaan Rajan Vasa, Ketan Parekh Munikumar.

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