Digitizing US$265 billion worth grains at farm-gate for 140 million farmers.
About Us
Let’s deposit some
Grains in the Bank
We have created a Grainbank that enables farmers to convert their grains into tradable digital assets, avail credit against those assets through partner NBFCs and Banks, and get better prices for their produce.
The Ergos Grainbank platform empowers farmers by providing them with a choice on when, how much quantity and at what price they want to sell their produce, thus maximising their income.
To download Farmer android app from google play store Click Here
To download Buyer android app from google play store Click Here
CHALLENGES FACED BY FARMERS
Most of the warehouses are currently located close to mandis in larger towns. Moreover, they primarily cater to larger farmers or traders who can afford the logistics cost owing to the large quantities of grains being dealt with.
However, in a country where most of the farmers produce less than Rs. 1 lakh worth of grains in a year, these services are not a value add for most of these farmers. As a result, a majority of these farmers do not get access to institutional services. This leads to massive loss of produce due to poor storage and also results in exploitation of farmers in the hands of the traders, because farmers need immediate liquidity to cater to their expenses and credit repayments.
Solved By Grainbank Model
Network of Warehouses
Scientifically managed warehouses at farmgate where farmers can store even a single bag of grains.
Credit Availability
Credit available from partner banks/NBFCs against grains stored with Ergos
Market Linkage
Empowering farmers with a choice to sell a single bag of grain. Ergos aggregates the supply, and offers farmers market linkage to sell their stored grains.
FARMER process
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Farmers register on the mobile app/web
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Farmers book space in the Grainbank for storage.
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Grains are inspected for quality at the warehouse.
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Grain bags are deposited into the Grainbank.
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The information is digitised making the grain bags fungible.
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Farmers can access their digital inventory in one click.
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Farmers can sell a single unit of grains in just one click.
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Farmers can avail direct credit against their stored grains.
BUYER Advantages
- 1.5 Lakh Farmer Access
- 2 million MT Grain Access
- Everyday Low-Price Offers
- Zero upfront FUND Purchase Orders – SPOT Purchase
- Super Fast FUND movement ( IN & OUT) – Razorpay Payment gateway
- Pre-Approved Loan Amount worth 10 Crores / per Buyer
- Download Statement Anytime
- Super Easy Bill Settlement
OUR FAMILY
Meet Our Team
Our Board Of Directors And Observers
Shri D K Mittal
Independent Director
and Chairman - Ergos
Director and Chairman
Kishor Kumar Jha
CEO and Director
Praveen Kumar
COO and Director
TCM Sundaram
Founder & Managing Director at Chiratae Ventures
Smriti Chandra
Nominee Director-Ergos
Shashvat Rai
Nominee Director - Ergos
As Supported By Our Investors
Press Talk
What People Are Saying
techstory.in
“Agritech start-up, Ergos bags additional funding of US$ 3million from London based CDC Group Plc in its Series A round.”
Economic Times
“Agritech startup Ergos Business Solutions has raised Rs 38.5 crore in Series A funding from Chiratae Ventures and Aavishkar Capital. The ongoing round could see it raise as much as Rs 80 crore.”
Indian Startup News
“Agritech Startup Ergos Raises $5 Million From Chiratae Ventures And Aavishkaar Capital.”
Explore our bengaluru technology team office
Modern technology office meets the heart of the city
The centre of India’s high-tech industry attracts the best talent to build a digital world for tomorrow. Ergos has set up a state-of-the-art modern technology team to build and maintain its tech platform. Its located on first floor of Nitesh TimeSquare, bang on Trinity metro station-MG Road
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which is well connected from across the city surrounded with cool places nearby to hang out; 1MG Mall, Brigade Road, Church Street, Cubbon Park, Ulsoor Lake, and many more. Office has been designed keeping in mind the demand for diverse tech functions. It integrates assorted functional spaces which also helped in blurring the boundaries between different functions. The floor is wide open to encourage friendly employee interactions. Individual workspaces with sit-stand desks are spread to the edges of the floors, with small meeting rooms dotted throughout the space.
Explore our bengaluru technology team office
Modern technology office – meets the heart of the city
The centre of India’s high-tech industry attracts the best talent to build a digital world for tomorrow. Ergos has set up a state-of-the-art modern technology team to build and maintain its tech platform. Its located on first floor of Nitesh TimeSquare, bang on Trinity metro station-MG Road which is well connected from across the city surrounded with cool places nearby to hang out; 1MG Mall, Brigade Road, Church Street, Cubbon Park, Ulsoor Lake, and many more. Office has been designed keeping in mind the demand for diverse tech functions. It integrates assorted functional spaces which also helped in blurring the boundaries between different functions. The floor is wide open to encourage friendly employee interactions. Individual workspaces with sit-stand desks are spread to the edges of the floors, with small meeting rooms dotted throughout the space.
Our Partners
