DeHaat in talks to raise nearly $100 million in Series E

Share via:

Agritech startup DeHaat to raise nearly $100 million in Series E round at a pre-money valuation of nearly $900 Mn, according to the source. The funding round can take DeHaat’s post-money valuation to over $1 billion, making it the first agritech startup in the country to turn unicorn.

DeHaat provides farmers with end-to-end agricultural services such as high-quality agri-input distribution, customised farm advisory, access to financial services, and market linkages for selling their produce. The funding will allow the Sequoia-backed startup to surpass the valuation of Flipkart-backed agritech startup Ninjacart. According to Inc42, India’s agritech market is expected to reach $24.1 billion by 2025.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

DeHaat in talks to raise nearly $100 million in Series E

Agritech startup DeHaat to raise nearly $100 million in Series E round at a pre-money valuation of nearly $900 Mn, according to the source. The funding round can take DeHaat’s post-money valuation to over $1 billion, making it the first agritech startup in the country to turn unicorn.

DeHaat provides farmers with end-to-end agricultural services such as high-quality agri-input distribution, customised farm advisory, access to financial services, and market linkages for selling their produce. The funding will allow the Sequoia-backed startup to surpass the valuation of Flipkart-backed agritech startup Ninjacart. According to Inc42, India’s agritech market is expected to reach $24.1 billion by 2025.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

https://pnndigital.com/business-news/samsung-to-consolidate-leadership-in-mid-premium-segment-with-launch-of-galaxy-a55-5g-galaxy-a35-in-india/

https://pnndigital.com/business-news/samsung-to-consolidate-leadership-in-mid-premium-segment-with-launch-of-galaxy-a55-5g-galaxy-a35-in-india/ Source link

Black founders are creating tailored ChatGPTs for a more...

At first, John Pasmore was excited about ChatGPT.  Source...

Evaluating Opportunities Within A Subscription Economy

SUMMARY Companies in a subscription economy rely on recurring...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!