Agritech firm DeHaat has raised USD 30 million (around Rs 220 crore) from various investors to fund its expansion plan and strengthen technology platform.
The company raised USD 30 million in Series C funding, led by Prosus Ventures. RTP Global co-invested in the round with participation from the existing investors, Sequoia India, FMO, Omnivore & AgFunder.
The company is a technology-based business to farmers (B2F) platform that offers full-stack agricultural services to farmers, including distribution of high-quality agricultural inputs, customised farm advisory, access to financial services, and market linkages for selling their produce.
With the Series C investment, the company plans to strengthen the technology platform and expand geographically to other parts of India.
Currently, it is operating across Bihar, Uttar Pradesh, Jharkhand and Odisha.