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

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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.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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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.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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