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Agri supply chain startup Ergos closes INR 81 Cr Series A with CDC group funding

Shortpedia

Content Team
Image Credit: shortpedia

Patna-based agritech startup Ergos has raised INR 22.5 Cr from UK-based development financer CDC Group to close its Series A round at INR 81 Cr. The round also saw participation from the company’s existing investors Aavishkaar Capital and Chiratae Ventures. In April 2020, Aavishkaar Group’s impact investment arm Aavishkaar Capital had invested INR 35 Cr in the agritech startup through their Aavishkaar Bharat Fund.