Online Market for Farm Products DeHaat Raises $4 Mn in Funding from Omnivore, AgFunder
18 March 2019 11:05 PM GMT
Gurgaon-based DeHaat, a technology based farmers? marketplace that offers complete seeds-to-market end to end services to farmers?, has raised US$4 million ( ~?30 crore) in a pre-series A round of funding led by impact investor Omnivore. US-based agriculture investor AgFunder and several angel investors also
- Gurgaon-based DeHaat, a technology based farmers’ marketplace that offers complete seeds-to-market end to end services to farmers​, has raised US$4 million ( ~₹30 crore) in a pre-series A round of funding led by impact investor Omnivore.
- US-based agriculture investor AgFunder and several angel investors also contributed to the round, which was the first institutional round of DeHaat.
- Through DeHaat platform, farmers, on one side get access to best quality input (seeds, fertilizers, crop protection, agri-equipment, credit, etc.),while on the other side they also get access to institutional buyers for their produce (grains, F&V, pulses, spices and medicinal herbs).
- In December, Bangalore-based Ninjacart, an agri-marketing platform that connects farmers with retailers, had raised ₹250 crore in series B round of funding from venture capital firms Accel Partners (US), Switzerland-based Syngenta Ventures and Neoplux, a South Korean private equity firm.
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