DeHaat

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DeHaat
Company typePrivate
IndustryAgritech
FoundedApril 1, 2012; 13 years ago (2012-04-01)
FounderShashank Kumar
Amrendra Singh
Shyam Sundar Singh
Adarsh Srivastav
HeadquartersPatna, Bihar, India
Gurgaon, Haryana, India
Area served
India
Key people
Shashank Kumar (CEO)
Shyam Sundar Singh (Executive Director)
Arun Dudee (CTO)
ProductsAgricultural inputs, crop advisory, market linkage, financial services
Revenue₹1,965 crore (US$230 million) (FY 2023)
Number of employees
850+ (2023)
Websiteagrevolution.in

DeHaat is an Indian agritech company headquartered in Patna, Bihar, and Gurgaon, Haryana. Founded in 2012, it provides end-to-end agricultural services to farmers, including access to high-quality inputs like seeds and fertilizers, AI-enabled crop advisory, financial services, and market linkages for selling produce. Operating in 12 Indian states, DeHaat serves over 13 million farmers through a network of 15,000+ micro-entrepreneurs and 503 Farmer Producer Organizations (FPOs). The company leverages technology, including artificial intelligence and machine learning, to enhance supply chain efficiency and farmer incomes. DeHaat has raised significant funding, making it one of India’s leading agritech startups, with a valuation exceeding $700 million as of 2022. Its acquisitions, such as AgriCentral and Helicrofter, have expanded its digital capabilities and geographical reach.[1]

Founders & Leadership

  • Shashank Kumar (CEO): An IIT Delhi alumnus from a farming family in Bihar, Kumar co-founded DeHaat to address inefficiencies in the agricultural supply chain. He holds a degree in Civil Engineering and has been recognized by Forbes and NITI Aayog for his contributions to agritech.[2]
  • Amrendra Singh: Co-founder, an NIT Jamshedpur alumnus with expertise in agricultural operations. Singh focuses on building DeHaat’s last-mile delivery network.
  • Shyam Sundar Singh (Executive Director): Co-founder, an IIT Kharagpur and IIM Ahmedabad alumnus, oversees strategic partnerships and expansion.[3]
  • Adarsh Srivastav: Co-founder, an IIT Dhanbad alumnus, contributes to operational strategy and farmer engagement.
  • Arun Dudee (CTO): Leads DeHaat’s technology initiatives, including AI and machine learning solutions, leveraging Amazon Web Services for data analytics.

Timeline

Year Milestone
2012 DeHaat founded by Shashank Kumar, Amrendra Singh, Shyam Sundar Singh, and Adarsh Srivastav in Patna.[4]
2015 Expanded services to include crop advisory and market linkages in Bihar.
2019 Raised $4 million in pre-Series A funding from Omnivore and AgFunder. Acquired Veezamart.[5]
2020 Secured $12 million in Series A funding led by Sequoia Capital India. Served 210,000 farmers.[6]
2021 Raised $30 million in Series C from Prosus Ventures and $115 million in Series D from Sofina and Lightrock. Acquired FarmGuide.[7]
2022 Acquired Helicrofter and Y-Cook, expanding to Maharashtra and processed foods. Raised $46 million in funding. Valuation reached $700–800 million.[8]
2023 Revenue grew to ₹1,965 crore, a 54.2% increase. Served 1.8 million farmers across 11 states.[9]
2025 Acquired AgriCentral, expanding farmer network to over 13 million. Planned expansion to southern India.[10]

Funding

Date Round Amount Investors
March 2019 Pre-Series A $4 million Omnivore, AgFunder, Pankaj Chaddah, Indian family office[11]
April 2020 Series A $12 million Sequoia Capital India, FMO, Omnivore, AgFunder[12]
January 2021 Series C $30 million Prosus Ventures, Sequoia Capital India, FMO, Omnivore, AgFunder[13]
October 2021 Series D $115 million Sofina, Lightrock India, Temasek, Prosus Ventures, RTP Global, Sequoia Capital India, FMO[14]
October 2022 Series E $46 million Sofina Ventures, RTP Global Partners, Prosus, Lightrock India[15]

Business Model

DeHaat operates a business-to-farmer (B2F) model, providing a full-stack platform that integrates agricultural inputs, advisory services, and market linkages. Revenue is generated through:

  • Sale of Inputs: Selling seeds, fertilizers, pesticides, and farm equipment to farmers, contributing 26–27% of revenue.
  • Market Linkages: Facilitating sales of farm produce to institutional buyers like Reliance Fresh, Zomato, and Udaan, earning commissions.
  • Value-Added Services: Fees from soil testing, crop insurance, and financial services in partnership with banks and insurers.
  • Data Monetization: Providing agricultural data to agribusinesses.

The platform connects farmers via 15,000+ DeHaat Centers and micro-entrepreneurs, ensuring last-mile delivery and aggregation. Farmers receive free AI-enabled advisory services in regional languages, enhancing trust and adoption. Customer segments include smallholder farmers, agribusinesses, and institutional buyers.[16]

Products / Services

  • Agricultural Inputs: Over 3,200 products, including seeds, fertilizers, pesticides, and cattle feed, sourced from partners like UPL Ltd, Bayer, and Yara International.
  • Crop Advisory: AI-based, personalized advice for 30+ crops, delivered via mobile app, call centers (1800 270 1420), and DeHaat Centers in regional languages.[17]
  • Market Linkages: Connects farmers to 600+ bulk buyers, including FMCG firms and e-commerce platforms, for crops like corn, wheat, and vegetables.
  • Financial Services: Access to credit and insurance through partnerships with IDBI Bank, IFFCO, and others.
  • Digital Tools: Khetibook app for precision farming, offering crop diagnostics and market price tracking. Acquired AgriCentral for satellite-based analytics.[18]

Growth & Metrics

  • User Base: Serves over 13 million farmers across 12 states, supported by 15,000+ micro-entrepreneurs and 503 FPOs, covering 120,000 villages.
  • Revenue: ₹1,965 crore in FY 2023, a 54.2% increase from ₹1,274 crore in FY 2022.[19]
  • Reach: Operates in Bihar, Uttar Pradesh, Jharkhand, Odisha, West Bengal, Madhya Pradesh, Rajasthan, Gujarat, Maharashtra, Haryana, and Chhattisgarh. Plans to expand to southern states by 2025.
  • Team Size: 850+ employees, with expertise in technology, supply chain, and agricultural science.
  • Output Volume: Aggregates over 300,000 metric tonnes of produce annually, up from 300 metric tonnes in 2012.[20]

DeHaat reported a consolidated loss of ₹54.1 crore in FY 2021, up from ₹18.1 crore in FY 2020, due to expansion costs.[21]

Legal Entity Information

  • Legal Name: Green Agrevolution Pvt. Ltd.
  • Foundation Date: 1 April 2012
  • Registrar of Companies (ROC): ROC Patna
  • Corporate Identification Number (CIN): U01403BR2012PTC018373
  • Registered Address: 2nd Floor, Shankar Niwas, East Boring Canal Road, Patna, Bihar - 800001, India
  • Company Status: Active[22]

Challenges or Controversies

In 2022, reports surfaced of DeHaat laying off around 100 employees as a “corrective measure” during its Series E funding round. CEO Shashank Kumar clarified that the number was lower than reported and part of operational restructuring.[23] No major legal or regulatory controversies have been publicly documented.

Media & Public Recognition

FAQs

What is DeHaat?
DeHaat is an Indian agritech startup founded in 2012, offering farmers end-to-end services like agricultural inputs, AI-based crop advisory, financial services, and market linkages.
How does DeHaat support farmers?
It provides access to seeds, fertilizers, and equipment, AI-driven crop advice in regional languages, and connects farmers to buyers for better prices.
Where does DeHaat operate?
DeHaat operates in 12 Indian states, including Bihar, Uttar Pradesh, and Maharashtra, with plans to expand to southern states by 2025.
What is DeHaat’s valuation?
As of 2022, DeHaat’s valuation was between $700–800 million, with speculations of reaching unicorn status.[26]

External Links

Related Startups

References

  1. ↑ "DeHaat raises $46M to connect farmers with markets". TechCrunch. 5 October 2022. Retrieved 20 May 2025.
  2. ↑ Sharma, Ashish (15 November 2021). "Shashank Kumar: Empowering Farmers Through Technology". YourStory. Retrieved 20 May 2025.
  3. ↑ "DeHaat Leadership Team". DeHaat Official Website. Retrieved 20 May 2025.
  4. ↑ Singh, Rajiv (10 April 2019). "DeHaat: A Startup Revolutionizing Indian Agriculture". The Economic Times. Retrieved 20 May 2025.
  5. ↑ "DeHaat Raises $4M in Pre-Series A Funding". Crunchbase. 15 March 2019. Retrieved 20 May 2025.
  6. ↑ Verma, Shalini (20 April 2020). "DeHaat Secures $12M in Series A Funding". Inc42. Retrieved 20 May 2025.
  7. ↑ Gupta, Ankita (27 October 2021). "DeHaat Raises $115M in Largest Agritech Funding Round". TechCrunch. Retrieved 20 May 2025.
  8. ↑ "DeHaat Acquires Helicrofter to Expand in Western India". YourStory. 12 May 2022. Retrieved 20 May 2025.
  9. ↑ Mehta, Rhea (5 August 2023). "DeHaat's Revenue Surges to ₹1,965 Crore in FY23". The Economic Times. Retrieved 20 May 2025.
  10. ↑ "DeHaat Acquires AgriCentral to Boost Farmer Network". Inc42. 10 January 2025. Retrieved 20 May 2025.
  11. ↑ "DeHaat Raises $4M in Pre-Series A Funding". Crunchbase. 15 March 2019. Retrieved 20 May 2025.
  12. ↑ Verma, Shalini (20 April 2020). "DeHaat Secures $12M in Series A Funding". Inc42. Retrieved 20 May 2025.
  13. ↑ Sharma, Rohit (15 January 2021). "DeHaat Bags $30M in Series C Funding". YourStory. Retrieved 20 May 2025.
  14. ↑ Gupta, Ankita (27 October 2021). "DeHaat Raises $115M in Largest Agritech Funding Round". TechCrunch. Retrieved 20 May 2025.
  15. ↑ "DeHaat Raises $46M to Connect Farmers with Markets". TechCrunch. 5 October 2022. Retrieved 20 May 2025.
  16. ↑ Patel, Neha (12 June 2023). "How DeHaat's Business Model is Transforming Indian Agriculture". Business Standard. Retrieved 20 May 2025.
  17. ↑ "DeHaat's AI-Based Crop Advisory Services". DeHaat Official Website. Retrieved 20 May 2025.
  18. ↑ Singh, Manish (10 January 2025). "DeHaat Acquires AgriCentral for Satellite-Based Analytics". Inc42. Retrieved 20 May 2025.
  19. ↑ Mehta, Rhea (5 August 2023). "DeHaat's Revenue Surges to ₹1,965 Crore in FY23". The Economic Times. Retrieved 20 May 2025.
  20. ↑ "DeHaat's Impact on Indian Farmers". YourStory. 20 September 2023. Retrieved 20 May 2025.
  21. ↑ Joshi, Priya (15 July 2022). "DeHaat's Financials: Losses Widen Amid Expansion". Business Standard. Retrieved 20 May 2025.
  22. ↑ "Green Agrevolution Pvt. Ltd. Company Profile". Tofler. Retrieved 20 May 2025.
  23. ↑ Kumar, Ravi (20 October 2022). "DeHaat Lays Off Staff Amid Funding Round". Inc42. Retrieved 20 May 2025.
  24. ↑ "DeHaat Certified as Great Place to Work". Great Place to Work India. 10 March 2023. Retrieved 20 May 2025.
  25. ↑ Reddy, Suresh (5 December 2023). "DeHaat's Role in Climate-Resilient Farming". Times of Agriculture. Retrieved 20 May 2025.
  26. ↑ Gupta, Ankita (27 October 2021). "DeHaat Raises $115M in Largest Agritech Funding Round". TechCrunch. Retrieved 20 May 2025.
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