# Dehaat

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dehaat

- Industry: Internet
- Headquarters: Patna, India
- Website: www.agrevolution.in
- Total disclosed funding: $193M
- Latest round: Series E (Mar 23, 2022)
- Investors on record: 12

## About

Founded in 2012 by Adarsh Srivastava, Amrendra Singh, Shashank Kumar and Shyam Sundar Singh and based in Haryana, India, Green Agrevolution Pvt. Ltd., operating as DeHaat, develops solutions for farmers for market quality input and technical support. In January 2021, Green Agrevolution Pvt. Ltd. raised INR 2200 million in series C funding led by new investor Prosus Ventures and in February 2021, The company acquired business-to-business SaaS platform FarmGuide. In October 2021, Green Agrevolution Pvt. Ltd. raised USD 115 million in series D funding by investors Lightrock, Sofina and Temasek Holdings. 

The company offers a platform DeHaat™ Business which provides agricultural services such as connecting farmers to entrepreneurs that provide seeds, fertilizers, equipment, crop advisory, and market linkage. The platform also allows registered farmers to get access to a wide range of agricultural inputs such as seed, fertilizer and crop protection, directly from competitive sources. The platform provides customized crop reminder call to farmers in the local language as well as crop monitoring support from the same DeHaat micro-entrepreneur, finally selling the farm produce directly to institutional buyers. Farmers can place their various demand related Agri input, field visit or Agri output either through the toll-free number or mobile application and can get last-mile services through assigned micro-entrepreneur.

The company generates revenue through market linkage of farm produce, sale and distribution of agricultural input and subscription for input-output companies.

The company plans to automate its supply chain and build the data analytics to drive further supply chain efficiency. To improve its last-mile delivery, DeHaat, is also planning to open 2,000 rural retail centres. At the same time company has plans to upgrade the farm produce aggregation and to add farmers to its service network.

## Funding rounds

- Series E, Mar 23, 2022, $48M — Sofina, RTP Global, Naspers Limited, Lightrock, Prosus Ventures
- Series D, Oct 26, 2021, $99M — Hong Shan, Sofina, Temasek Holdings, FMO, RTP Global, Lightrock, Prosus Ventures, Naspers
- Series C, Jan 20, 2021, $31M — Hong Shan, Omnivore, FMO, RTP Global, Naspers Limited, AgFunder, Prosus Ventures
- Series B, Mar 31, 2020, $11M — Hong Shan, Omnivore, FMO, AgFunder
- Seed, Mar 1, 2019, $4.2M — Omnivore, Trifecta Capital, AgFunder

## Investors

- Omnivore (https://capitalatlas.ai/funds/omnivore) — Seed, Series B, Series C
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Seed
- AgFunder (https://capitalatlas.ai/funds/agfunder) — Seed, Series B, Series C
- Hong Shan — Series B, Series C, Series D
- FMO — Series B, Series C, Series D
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series C, Series D, Series E
- Naspers Limited — Series C, Series E
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series C, Series D, Series E
- Sofina — Series D, Series E
- Temasek Holdings — Series D
- Lightrock (https://capitalatlas.ai/funds/lightrock) — Series D, Series E
- Naspers — Series D