Ergos Stock

Ergos is building an integrated supply chain platform that enables farmers to convert their grains to digital assets.

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About Ergos Stock

Ergos is building an integrated supply chain by setting up micro warehouses. Ergos is a transformational bank for the farmer which leverages technology to seamlessly provide custodial services (warehousing, loans, and market-linkages, enabling the farmer to convert his produce to a financial asset. Through their grid of digitally connected rural micro warehouses, they enable farmers to store their produce, avoid distress sales during harvest season, reduce wastage by scientific warehousing, tide over their immediate liquidity/ financing needs by working with NBFCs/ Banks, and thereby empower farmers to sell their produce as and when they desire, thereby resulting in farmers achieving 25%-30% higher incomes. Ergos was founded in 2012 and headquartered in Patna, Bihar.

Funding History

January 2013$10.0M
December 2014$1.3M
March 2017$200M
September 2017$625K
March 2020$350M
October 2020$235M
December 2020$225M
February 2021$11.5M
September 2023$7.0M
September 2023$3.0M

Management

Co-Founder, CEO, and Director

Kishor Kumar Jha

Co-Founder/COO and Director

Praveen Kumar

Director and Chairman

Dinesh Mittal

Cluster Head

Kundan Kumar

Farmer Engagement & Technology

Sanjeev Kumar

Observer and Mentor

Ajay Maniar

Business Head

Ashutosh Sinha

Mentor

Prabhat N Singh

Chief Technology Officer

Umesh Gowda

Press

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