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Agritech startup DeHaat raised $46 million in fresh led by Sofina Ventures

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Agritech startup DeHaat raised $46 million in fresh led by Sofina Ventures

By: Sreejit Kumar

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.

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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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By Sreejit Kumar

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.

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Previous article
Google introduced new Gmail and Chat features
Next article
Google defines CCI penalty as a “setback” for Indian customers
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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