New Delhi: Agritech startup Ergos has received Rs 22.5 crore from United Kingdom’s CDC Group to close its Rs 81-crore Series A funding round. The Bengaluru-based company had previously raised Rs 35 crore from Aavishkaar Capital and Rs 23.5 crore from Chiratae Ventures in March and October, respectively, as part of the same funding round.

— The Economic Times

Jerome Merchant + Partners advised Ergos and CDC Group Plc (UK) led by a team of partner Sameer Sibal along with associate Rishabh Amber Gupta and paralegal Gayathri Kamath.

2020-11-01

Deal value: INR 50 crores (USD 7.5 million)

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