This story is from October 28, 2021
DeHaat
has raised $115 million in Series D funding, led by Belgium-based investment firm Sofina and Lightrock India. Temasek co-invested in the round, with participation from existing investorsProsus
, RTP Global, Sequoia Capital India and FMO. Based in Gurgaon and Patna and founded in 2012 by IIT, IIM and NIT alumni Amrendra Singh,Shyam Sundar
, Adarsh Srivastav and Shashank Kumar, DeHaat is a business-to-farmers (B2F) platform that offers full-stack agricultural services to farmers, including distribution of high-quality agricultural inputs, customised farm advisory, access to financial services, and market linkages for selling their produce.Shashank Kumar, CEO of DeHaat, said the company has raised $157 million from marquee investors in the last 30 months and their team has grown to 850 professionals with deep expertise in growth and strategy, supply chain, technology and agricultural science. "Last seven months have been phenomenal with 5x growth for DeHaat. We are now well poised to replicate the success in all major agriculture clusters of India in the next 12-15 months,” he said.With an aim to drive efficiency and transparency, DeHaat has been building a digitised network of farmers as well as last-mile service providers, and providing direct access to farmers through its physical as well as digital platform.
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