About EroNKan
EroNKan is a company based in Bengaluru (India) founded in 2014 by Ketan Parekh, Rajan Vasa, and Vish Desai. EroNKan has raised $776.09 thousand across 2 funding rounds from investors including Gujarat Venture Finance and Keyur Virani. The company has 18 employees as of April 09, 2024. EroNKan offers products and services including SNAX, Weigher Management System, Process Management System, and Truck Management System. EroNKan operates in a competitive market with competitors including AVEVA, Urbint, Cognitive Scale, MachineMetrics and OptimalPlus, among others.
- Headquarter Bengaluru, India
- Employees 18 as on 09 Apr, 2024
- Founders Ketan Parekh, Rajan Vasa, Vish Desai
- Stage Minicorn
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Eronkan Technologies Private Limited
- Date of Incorporation 01 Sep, 2014
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$373.81 K (USD)133.83as on Mar 31, 2023
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Net Profit
-$50.41 K (USD)63.27as on Mar 31, 2023
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EBITDA
-$1.56 K (USD)98.37as on Mar 31, 2023
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Total Equity Funding
$776.09 K (USD)
in 2 rounds
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Latest Funding Round
$702.41 K (USD), Series A
Feb 21, 2019
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Investors
Gujarat Venture Finance
& 1 more
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Employee Count
18
as on Apr 09, 2024
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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.
End-to-end digitalization for dry snacks manufacturing lines.
Digital system to reduce packaging losses and monitor efficiency.
Manages manufacturing processes for improved productivity.
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.
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.
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Venture capital investments are made in Indian startups across multiple sectors.
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Keyur Virani |
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Investor details for EroNKan
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Investments & Acquisitions by EroNKan
Investment portfolio details for EroNKan
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Financial Statements - EroNKan
Detailed financials for EroNKan
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Eronkan Comparisons
Peer comparison for EroNKan
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Competitors of EroNKan
EroNKan 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 AVEVA, Urbint, Cognitive Scale, MachineMetrics and OptimalPlus, among others.
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Cloud-based data visualization and dashboard development are facilitated.
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AI-driven urban datasets and analysis tools are offered by Urbint.
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AI-driven business intelligence solutions are delivered for key sectors.
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Machine data is monitored and visualized to enhance manufacturing efficiency.
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Yield management solutions are provided for the semiconductor industry.
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Cloud based business intelligence software
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Detailed competitors of EroNKan
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Latest news on Eronkan
Complete news archive for 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 current CEO of EroNKan. They have also founded this company.
EroNKan is a funded company, having raised a total of $776.09K across 2 funding rounds to date.
As of Apr 09, 2024, the latest employee count at EroNKan is 18.
Annual revenue of EroNKan is $373.81K as on Mar 31, 2023.
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's top competitors include Urbint, MachineMetrics and AVEVA.
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.