January 21

Agritech Startup Dehaat Raises $30 Million Led by Prosus Ventures

By Nandita Mathur

Dehaat, an agritech startup, which connects small farmers with a network of small suppliers of farm input and equipment, has raised $30 million in Series C funding, led by Prosus Ventures (formerly Naspers Ventures).

RTP Global also participated in the round, along with existing investors Sequoia India, FMO, Omnivore, and AgFunder.

With this funding, the company plans to strengthen its technology platform and expand to other parts of the country, the company.

“The recent investment from marquee investors like Prosus Ventures, RTP Global and others is a strong validation of our goal to become the world’s largest farmer aggregator and will help us scale up in both size and scope,” said Shashank Kumar, co-Founder & chief executive, DeHaat.

Photo courtesy of Ray Witlin.

Source: Mint (link opens in a new window)

Agriculture, Technology