About Eruvaka Technologies
Eruvaka Technologies is a company based in Hyderabad (India) founded in 2012.. Eruvaka Technologies has raised $6.99 million across 3 funding rounds from investors including Nutreco and Omnivore. The company has 110 employees as of April 04, 2024. Eruvaka Technologies operates in a competitive market with competitors including Maritech, Osmo Systems, Watergenics, Poseidon-AI and Aqua Manager, among others.
- Headquarter Hyderabad, India
- Employees 110 as on 04 Apr, 2024
- Stage Minicorn
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Sectors
AgricultureTechnology
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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 Eruvaka Technologies Private Limited
- Date of Incorporation 05 Oct, 2012
- Jurisdiction Seri Lingampally, Telangana, India
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Annual Revenue
$20.99 M (USD)66.69as on Mar 31, 2023
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Net Profit
$5.93 M (USD)216.48as on Mar 31, 2023
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EBITDA
$7.51 M (USD)219.58as on Mar 31, 2023
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Total Equity Funding
$6.99 M (USD)
in 3 rounds
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Latest Funding Round
$5.64 M (USD), Series B
Feb 14, 2018
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Investors
Nutreco
& 1 more
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Employee Count
110
as on Apr 04, 2024
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Funding Insights of Eruvaka Technologies
Eruvaka Technologies has successfully raised a total of $6.99M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5.64 million completed in February 2018. 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 Total Funding
- Total Rounds 3
- Last Round Series B — $5.6M
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First Round
First Round
(03 Oct 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series B - Eruvaka Technologies | Valuation | Nutreco | |
| Oct, 2015 | Amount | Series A - Eruvaka Technologies | Valuation | Omnivore |
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| Oct, 2013 | Amount | Series A - Eruvaka Technologies | Valuation | Omnivore |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Eruvaka Technologies
Eruvaka Technologies has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Nutreco and Omnivore. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Agritech startups are funded by Omnivore, a venture capital entity.
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Founded Year | Domain | Location | |
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Provider of animal nutrition solutions and technologies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Eruvaka Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Eruvaka Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eruvaka Technologies Comparisons
Competitors of Eruvaka Technologies
Eruvaka Technologies 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 Maritech, Osmo Systems, Watergenics, Poseidon-AI and Aqua Manager, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of IoT-based production, logistics and supply chain solutions for the seafood industry
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| domain | founded_year | HQ Location |
Parameters are monitored in hydroponic and aquaculture systems.
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| domain | founded_year | HQ Location |
Real-time water-quality sensors for aquafarming are supplied by Watergenics.
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| domain | founded_year | HQ Location |
AI-based sustainable fish farming solutions are provided using RAC technology.
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| domain | founded_year | HQ Location |
Resource management software solutions for aquaculture facilities
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Eruvaka Technologies
Frequently Asked Questions about Eruvaka Technologies
When was Eruvaka Technologies founded?
Eruvaka Technologies was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Eruvaka Technologies located?
Eruvaka Technologies is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Eruvaka Technologies?
Kunal Choudhary is the current CEO of Eruvaka Technologies.
Is Eruvaka Technologies a funded company?
Eruvaka Technologies is a funded company, having raised a total of $6.99M across 3 funding rounds to date. The company's 1st funding round was a Series A of $809.12K, raised on Oct 03, 2013.
How many employees does Eruvaka Technologies have?
As of Apr 04, 2024, the latest employee count at Eruvaka Technologies is 110.
What is the annual revenue of Eruvaka Technologies?
Annual revenue of Eruvaka Technologies is $20.99M as on Mar 31, 2023.
What does Eruvaka Technologies do?
Provider of IoT-enabled diagnostic equipment for aquaculture businesses. Its offerings include integrated sensors, mobile connectivity, and decision tools for affordable aquaculture monitoring and automation. It provides devices that measure real-time water parameters crucial for shrimp growth and survival and upload them to the cloud. It also offers real-time alerts for quality drops, aerator control for energy efficiency, and cloud-based analytics to adjust feed based on water quality.
Who are the top competitors of Eruvaka Technologies?
Eruvaka Technologies's top competitors include Watergenics, Osmo Systems and Maritech.
Who are Eruvaka Technologies's investors?
What is Eruvaka Technologies's valuation?
The valuation of Eruvaka Technologies is $16.34M as of Feb 2018.
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