DeHaat Raises $115 Mn in Series D from Sofina

Agritech startup DeHaat has raised $115 million in Series D funding, led by Belgium based investment firm Sofina and Light rock India. Temasek co-invested in the round, with participation from existing investors Proses, media reported.

Based in Gurgaon and Patna and founded in 2012 by IIT, IIM & NIT alumni Amrendra Singh, Shyam Sundar, Adarsh Srivastav & Shashank Kumar, DeHaat is a technology-based business to farmers (B2F) platform that offers full-stack agricultural services to farmers, including distribution of high-quality farm inputs, customised farm advisory, access to financial services, and market linkages for selling their produce.

Shashank Kumar, co-founder and CEO, DeHaat said, “We at DeHaat are on a mission of building the world’s largest agritech platform. We have raised $157 million from marquee investors in the last 30 months, and our team has grown to a brigade of more than 850 professionals with deep expertise in growth and strategy, supply chain, technology and agricultural science.”

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