Text by Kunal N. Talgeri
SMELL THE COFFEE
In the volatile world of commodity trading, Eka’s software informs global clients how to manage risk across the supply chain. “ It is not possible to measure exposure without software, and we help clients be aware of risks related to contracts, price, delivery – and the financials linked to it,” says Manav Garg. For example, coffee traders may want to substitute stocks from Vietnam with Brazilian blends. This decision is powered by information on the quality of coffee, blend, and geographies closer than Brazil, and supplier performance. The software enables the analytics and comparisons, as it links trading companies with the supply chain from the farm to the production process. Eka expects to finish this year with $14 million in revenue. In the past two years, it has won large global customers on the back of four software products. Over 20% of its revenue goes into product development.
Leisure: Cooking Thai food and learning Hindustani classical music with his daughter.