Agritech startup DeHaat raised $46 million in fresh led by Sofina Ventures where RTP Global Partners, Prosus, and Lightrock India also participated.
DeHaat provides farmers with customised inputs, advice, financial services, and market connections for distribution. It also connects farmers with third-party lenders for working capital and large enterprises for bulk selling, such as Reliance Fresh, Zomato, and Udaan. According to Fintrackr, the company is worth around $700 million post-money. The company currently serves 350,000 farmers in Bihar, Uttar Pradesh, Odisha, and West Bengal and aims to serve 5 million farmers by 2024.