Sequoia leads $12 million round in DeHaat

BENGALURU: Agritech platform DeHaat has raised $12 million (Rs 83 crore) in a Series-A round led by Sequoia India with participation from FMO, the Dutch entrepreneurial development bank. Existing investors Omnivore and AgFunder also participated in this round.

DeHaat plans to use some of the funds raised to automate its supply chain and build the next layer of data analytics to further drive supply chain efficiency, the company said.

DeHaat is a tech-based platform offering full-stack agricultural services to farmers, including distribution of high-quality agri inputs, customised farm advisory, access to financial services, and market linkages for selling their produce.


The firm had earlier raised $4 million in pre-Series-A round in March 2019, led by Omnivore and Ag-Funder. Shashank Kumar, CEO of DeHaat said: “Sequoia’s deep expertise in B2B platforms and technology products combined with FMO’s expertise in agricultural value chain financing will help DeHaat accelerate its growth while delivering massive impact for the farmers we work with.”