About Ergos Business Solutions Private Limited
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Ergos Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 02 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2012PTC063357. Its GSTIN is 29AADCE0080C2Z2 (Karnataka). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.07 Cr. It is led by directors including Kishor Kumar Jha and Praveen Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 332 Sy. No. 17 Thimmaiah Road, (Off Queens Road) Vasanth Nagar Bangalore – 560052, Karnataka, India – 560052.
As per the financials filed for FY 2025, the company reported a revenue of ₹223.67 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net loss of ₹5.92 Cr (net margin -2.6%) and EBITDA of -₹4.58 Cr (EBITDA margin -2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 56% over five years.
The company has about 426 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: ERGOS and Ergos. As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹54.5 Cr on record. Court records list 4 cases involving the company; 1 case is pending. The company has 17 deals on record (8 funding rounds, 5 secondary share transfers, 2 rights issues), with disclosed funding of ₹171.38 Cr; the latest was in September 2023. Its 10 peer companies in the Ecommerce and Internet industry (Online Service Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Izmo Limited with revenue of ₹259.87 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ergos.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No. 332 Sy. No. 17 Thimmaiah Road, (Off Queens Road) Vasanth Nagar Bangalore – 560052, Karnataka, India – 560052
- IndustryInternet, Online Service Marketplaces
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Ergos Business Solutions Private Limited
The main business activities of Ergos Business Solutions are trade and transport and storage. In detail, this covers wholesale trading and warehousing and storage. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| H | Transport and storage | H6 | Warehousing and storage | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ergos Business Solutions Private Limited FY 2025 filings available
Ergos Business Solutions Private Limited reported revenue of ₹223.67 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ergos Business Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 40% growth in the latest year. EBITDA rose 69% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Ergos Business Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.92 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ergos Business Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ergos Business Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ergos Business Solutions Private Limited
Ergos Business Solutions Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Izmo Limited Listed | ₹259.87 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Bangalore, Karnataka, India |
| Pluxee India Private Limited | ₹259.46 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Vakrangee Limited Listed | ₹259.03 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| B V C Logistics Private Limited | ₹227.5 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Visit Health Private Limited | ₹225.25 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Noida, Uttar Pradesh, India |
| Ergos Business Solutions Private Limited this company | ₹223.67 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Bangalore, Karnataka, India |
| Upscalio India Private Limited | ₹219.29 Cr (FY 2023) | •••• | •••• | 185.0% | •••• | Gurugram, Haryana, India |
| Zolostays Property Solutions Private Limited | ₹209.24 Cr (FY 2024) | •••• | •••• | 111.0% | •••• | Bangalore, Karnataka, India |
| Opcommerce Online Private Limited | ₹202.24 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Ahmedabad, Gujarat, India |
| Lytus Technologies Private Limited | ₹191.99 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Biz Hero India Private Limited | ₹189.27 Cr (FY 2024) | •••• | •••• | 61.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ergos Business Solutions by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ergos Business Solutions Private Limited
Ergos Business Solutions Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ergos Business Solutions Private Limited
Ergos Business Solutions has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishor Kumar Jha | Director | 02 Apr 2012 | 14 Years 6 Months | Current |
| Praveen Kumar | Director | 05 Mar 2015 | 11 Years 7 Months | Current |
| Chandraneel Polavarapu | Nominee Director | 20 Sep 2025 | 1 Years 0 Months | Current |
| Rahul Kumar Srivastava | Director | 16 Jul 2024 | 2 Years 2 Months | Current |
| Smriti Chandra | Nominee Director | 21 Nov 2023 | 2 Years 10 Months | Current |
| Shashvat Rai Also directs: Ulink Agritech Private Limited, Connect India E-Commerce Services Private Limited, Gajju Technologies Private Limited and 1 more | Nominee Director | 27 Mar 2024 | 2 Years 6 Months | Current |
Ownership and Shareholding of Ergos Business Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ergos Business Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2024 | Others | ₹7 Cr | Open |
| 31 Dec 2022 | Others | ₹5 Cr | Open |
| 08 Dec 2023 | Others | ₹5 Cr | Satisfied |
| 30 Jun 2023 | Others | ₹3 Cr | Satisfied |
| 30 Sep 2022 | Others | ₹10 Cr | Satisfied |
Total charge records: 11 View all charges
Deals & Funding of Ergos Business Solutions Private Limited
Ergos Business Solutions Private Limited has 17 deals on record (8 funding rounds, 5 secondary share transfers, 2 rights issues), with disclosed funding of ₹171.38 Cr; the latest was in September 2023.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Funding round · Series B | ₹58.04 Cr | Investors: Abler Nordic (Nordic Microfinance Initiative), Aavishkaar Capital, Chiratae Ventures (IDG) |
| Sep 2023 | Debt financing | ₹24.88 Cr | |
| Oct 2020 | Funding round · Series A | ₹61 Cr | Investors: British International Investment (CDC Group), Aavishkaar Capital, Chiratae Ventures (IDG) |
| Mar 2020 | Funding round | ₹80,000 | Investors: Aavishkaar Capital |
| Mar 2017 | Funding round · Seed | ₹4 Cr | Investors: Aavishkaar Capital |
Full deal history
All 17 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ergos Business Solutions Private Limited
Ergos Business Solutions Private Limited has 4 court cases on record: 4 where it is another party. 1 case is pending and 3 are disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Patna High Court | Court case (CR. MISC.) | Company is another party | Pending |
| Patna High Court | Court case (CR. MISC.) | Company is another party | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Ergos Business Solutions Private Limited
Ergos Business Solutions operates two associated brands: ERGOS and Ergos. Each brand links to its own profile.
Employees and EPFO Compliance at Ergos Business Solutions Private Limited
Employment history and EPFO contributions of people linked to Ergos Business Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Ergos Business Solutions Private Limited
Recent Activity on Ergos Business Solutions Private Limited
Ergos Business Solutions Private Limited has 20 board changes on record since 2012: 13 appointments and 7 cessations. The latest: Chandraneel Polavarapu was appointed as Nominee Director on 20 Sep 2025.
35 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ergos Business Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ergos Business Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ergos Business Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ergos Business Solutions Private Limited
Ergos Business Solutions has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCE0080C2Z2 | Karnataka | Active | 26 Jul 2021 |
| 10AADCE0080C3ZK | Bihar | Active | 01 Aug 2017 |
| 27AADCE0080C1Z7 | Maharashtra | Active | 02 Dec 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ergos Business Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ergos Business Solutions Private Limited
Ergos Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 02 April 2012 (14+ years old) and is registered under CIN U74900KA2012PTC063357.
Ergos Business Solutions reported revenue of ₹223.67 Cr for FY 2025 (up 40% YoY).
Ergos Business Solutions has 6 current directors:
- Kishor Kumar Jha - Director
- Praveen Kumar - Director
- Chandraneel Polavarapu - Nominee Director
- Rahul Kumar Srivastava - Director
- Smriti Chandra - Nominee Director
- Shashvat Rai - Nominee Director
Ergos Business Solutions reported a net loss of ₹5.92 Cr (net margin -2.6%) and EBITDA of -₹4.58 Cr (EBITDA margin -2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ergos Business Solutions is 18% over three years and 56% over five years. In the latest year (FY 2025) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ergos Business Solutions is 29AADCE0080C2Z2, registered in Karnataka. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 10AADCE0080C3ZK (Bihar), 27AADCE0080C1Z7 (Maharashtra).
The CIN (Corporate Identification Number) of Ergos Business Solutions is U74900KA2012PTC063357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ergos Business Solutions has 4 court cases on record. 1 is pending.
Ergos Business Solutions was incorporated on 02 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Ergos Business Solutions has 17 deals on record (8 funding rounds, 5 secondary share transfers, 2 rights issues), with disclosed funding of ₹171.38 Cr; the latest was in September 2023.
The peers of Ergos Business Solutions by revenue are Izmo Limited, Pluxee India Private Limited, Vakrangee Limited, B V C Logistics Private Limited, Visit Health Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).