DeHaat
 | |
| Type | Private |
|---|---|
| Industry | E-commerce, Agriculture |
| Founded | 2012 |
| Founder | Shashank Kumar Shyam Sundar Amrendra Singh Adarsh Srivastava Abhishek Dokania |
| Headquarters | Patna, Bihar, India (Head office) Gurugram (Corporate office) |
Key people | Shashank Kumar (CEO) [1] |
| Website | agrevolution |
DeHaat is an Agritech company {headquartered in Patna, that offers end-to-end agricultural services to the Indian farmers.[2]
History
DeHaat was founded in 2012 by Shashank Kumar, an IIT Delhi alumnus, Shyam Sundar, IIT Kharagpur and IIM Ahmedabad alumnus, NIT Jamshedpur alumnus Amrendra Singh, IIT Dhanbad alumni Adarsh Srivastava and Abhishek Dokania. DeHaat provides full-stack agricultural services to farmers, including distribution of seeds, pesticides, fertilizers, farm machinery, cattle feed and all agriculture allied products, farm advisory, financial services and market linkages to sell farm produce.[3][4][5]
Acquisitions
In January 2021 DeHaat acquired FarmGuide, a business-to-business (B2B) Software as a Service (SaaS) platform.[6]
In January 2022 DeHaat acruired agri-input marketplace startup Helicrofter to expand its Presence in Maharashtra and other parts of western India.[7]
To strengthen its foothold in the global food supply chain, DeHaat in April 2022 acquired food tech company, Y-Cook India Pvt. Ltd.[8][9]
Business structure
DeHaat has established linkages with around 7 lakh smallholder farmers in Bihar, Jharkhand, West Bengal, Odisha, Uttar Pradesh, Rajasthan and Madhya Pradesh through its 4,000 Dehaat centres, which are run via the franchise model. Farmers linked to DeHaat get access to agricultural input products such as seed, fertilizers and pesticides, along with an artificial intelligence (AI)-based customized crop advisory on pest and disease management, delivered via a mobile app and call centres.[10]
References
- ^ "[Funding Galore] From CoinDCX To Recur Club — Over $532 Mn Raised By Indian Startups This Week". Inc42 Media. 23 April 2022.
- ^ "Agritech platform DeHaat acquires foodtech company Y-Cook". VCCircle. 26 April 2022.
- ^ Oct 28, TNN /. "dehaat: Agritech platform DeHaat raises $115mn from investors | Bengaluru News - Times of India". The Times of India.
- ^ "Agritech firm DeHaat acquires farm input startup Helicrofter". The Economic Times.
- ^ "Bihar IIT Grad Left Cushy Job to Build One-Stop Shop That Helps 65,000+ Farmers!". The Better India. 10 April 2019.
- ^ Mathur, Nandita (23 February 2021). "Agritech firm DeHaat acquires FarmGuide". mint.
- ^ "Agritech firm DeHaat acquires farm input startup Helicrofter". The Economic Times.
- ^ Bureau, BL Hyderabad (26 April 2022). "DeHaat picks majority stake in Y-Cook India in all-cash deal". www.thehindubusinessline.com.
- ^ "Agritech platform DeHaat acquires foodtech company Y-Cook". VCCircle. 26 April 2022.
- ^ "Agri-tech start-up DeHaat looks to expand pan-India footprint with focus on smallholder farmers". Financialexpress.