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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People of Eruvaka Technologies
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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.
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.
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Agritech startups are funded by Omnivore, a venture capital entity.
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Provider of animal nutrition solutions and technologies
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Investor details for Eruvaka Technologies
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Investments & Acquisitions by Eruvaka Technologies
Investment portfolio details for Eruvaka Technologies
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Financial Statements - Eruvaka Technologies
Detailed financials for Eruvaka Technologies
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Eruvaka Technologies Comparisons
Peer comparison for Eruvaka Technologies
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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.
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Provider of IoT-based production, logistics and supply chain solutions for the seafood industry
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Parameters are monitored in hydroponic and aquaculture systems.
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Real-time water-quality sensors for aquafarming are supplied by Watergenics.
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AI-based sustainable fish farming solutions are provided using RAC technology.
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Resource management software solutions for aquaculture facilities
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Detailed competitors of Eruvaka Technologies
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Latest news on Eruvaka Technologies
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Frequently Asked Questions about Eruvaka Technologies
Eruvaka Technologies was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Eruvaka Technologies is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Kunal Choudhary is the current CEO of Eruvaka Technologies.
Eruvaka Technologies is a funded company, having raised a total of $6.99M across 3 funding rounds to date.
As of Apr 04, 2024, the latest employee count at Eruvaka Technologies is 110.
Annual revenue of Eruvaka Technologies is $20.99M as on Mar 31, 2023.
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.
Eruvaka Technologies's top competitors include Watergenics, Osmo Systems and Maritech.
The valuation of Eruvaka Technologies is $16.34M as of Feb 2018.