While he was working as a coffee trader in Singapore Manav realized the need for a software solution that could handle the complexities of physical commodity trading. He decided to quit his job and started Eka Software Solutions in 2004. Today, with more than 250 + employees, Eka is a leading provider of commodity trading & risk management (CTRM) solution to organizations that specialize in the buying and selling of physical commodities across the world .
Derived from the word “EKAM”, which means ‘unified’ or ‘integrated’ in Sanskrit, Eka has come a far way since its inception. Today, the company has presence in Australia, UK, and the U.S and is headquartered in Bangalore, India.
“Eka provides an end-to-end Platform for managing the physical commodity supply chain right from the source to market for agri-commodities, metals, consumer product companies and energy.” says Manav Garg, CEO & Founder, Eka Software Solutions.
The products provide customers best-of-breed functionality for physical trading, risk management, logistics, inventory, finance, compliance and business intelligence. Eka sees itself as partners in customers’ growth, working with them to improve operational control, increase profitability, and accelerate growth and mange risks and exposures.
Recently, the company has released a host of new products including Eka.Analytics – BI & Analytics platform for commodity firms, Eka.Processing – Procurement & Sourcing solution for Consumer Product firms and Eka.Grownet- Online portal for Growers & Agri-Marketing companies.
Eka’s clients include some of the largest global commodity firms and Fortune 500 companies including the likes of Cargill, Noble Resources, Louis Dreyfus, Tata Steel, Hindalco, Gavilon, GrainCorp and Boliden.