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Based in Bengaluru, India, Ergos operates a technology-enabled agricultural supply chain platform that provides warehousing, quality checking, and financial services to smallholder farmers through a digital grain bank model. The company allows farmers to deposit their harvested crops into leased local micro-warehouses in exchange for digital passbooks, which can then be used to access credit facilities, monitor market prices, and execute liquidations via a mobile application. Ergos has raised approximately $15 million in Series A funding to support its ongoing operational expansion plans, which include establishing more than 2,000 grain bank locations across rural Indian regions such as Bihar. The agritech enterprise is financially backed by a syndicate of prominent venture capital investors, including Aavishkaar Capital, Chiratae Ventures, and Gautam Gupta. Ergos was originally founded in 2012 by co-founders Kishor Jha and Praveen Kumar.
Ergos has raised $20.8M across 4 funding rounds.
Ergos has raised $20.8M in total across 4 funding rounds.
Ergos has raised $20.8M across 4 funding rounds. Most recently, it raised $10.0M Series B in September 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 25, 2023 | $10M Series B | Arthur Sletteberg | Shashvat RAI, Chiratae Ventures, Trifecta Venture | Announced |
| Dec 11, 2020 | $3M Series A | Craig Gifford | — | Announced |
| Oct 7, 2020 | $3.2M Series A | Manoj Kumar, Aavishkaar Capital, TCM Sundaram | — | Announced |
| Apr 24, 2020 | $4.6M Series A | Aavishkaar | — | Announced |
Ergos has raised $20.8M in total across 4 funding rounds.
Ergos's investors include Arthur Sletteberg, Shashvat Rai, Chiratae Ventures, Trifecta Venture, Craig Gifford, Manoj Kumar, Aavishkaar Capital, TCM Sundaram, Aavishkaar.
