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DeHaat

From Wikipedia - Reading time: 4 min

DeHaat
Company typePrivate
IndustryE-commerce, Agriculture
Founded2012; 12 years ago (2012)
FounderShashank Kumar
Shyam Sundar
Amrendra Singh
Adarsh Srivastava
Abhishek Dokania
HeadquartersPatna, Bihar, India (Head office)
Gurugram (Corporate office)
Key people
Shashank Kumar (CEO) [1]
Websiteagrevolution.in

DeHaat is an Agritech company headquartered in Patna, that offers end-to-end agricultural services to the Indian farmers.[2]

History

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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 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][6]

Acquisitions

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In January 2021, DeHaat acquired FarmGuide, a business-to-business (B2B), Software as a Service (SaaS) platform.[7]

In January 2022, DeHaat acquired agri-input marketplace startup Helicrofter to expand its presence in Maharashtra and other parts of western India.[8]

To strengthen its foothold in the global food supply chain, DeHaat acquired the food tech company, Y-Cook India Pvt. Ltd. in April 2022.[9][10]

Business structure

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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 centers, which are run via the franchise model. Farmers linked to DeHaat get access to agricultural input products such as seeds, 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 centers.[11]

References

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  1. ^ "[Funding Galore] From CoinDCX To Recur Club — Over $532 Mn Raised By Indian Startups This Week". Inc42 Media. 23 April 2022.
  2. ^ "Agritech platform DeHaat acquires foodtech company Y-Cook". VCCircle. 26 April 2022.
  3. ^ Oct 28, TNN /. "dehaat: Agritech platform DeHaat raises $115mn from investors | Bengaluru News - Times of India". The Times of India.{{cite web}}: CS1 maint: numeric names: authors list (link)
  4. ^ "Agritech firm DeHaat acquires farm input startup Helicrofter". The Economic Times.
  5. ^ "Bihar IIT Grad Left Cushy Job to Build One-Stop Shop That Helps 65,000+ Farmers!". The Better India. 10 April 2019.
  6. ^ "How Indian Startups Are Helping Farmers With Technology". 27 February 2023. Retrieved 28 February 2023.
  7. ^ Mathur, Nandita (23 February 2021). "Agritech firm DeHaat acquires FarmGuide". mint.
  8. ^ "Agritech firm DeHaat acquires farm input startup Helicrofter". The Economic Times.
  9. ^ Bureau, BL Hyderabad (26 April 2022). "DeHaat picks majority stake in Y-Cook India in all-cash deal". www.thehindubusinessline.com. {{cite web}}: |last1= has generic name (help)
  10. ^ "Agritech platform DeHaat acquires foodtech company Y-Cook". VCCircle. 26 April 2022.
  11. ^ "Agri-tech start-up DeHaat looks to expand pan-India footprint with a focus on smallholder farmers". Financialexpress.
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Licensed under CC BY-SA 3.0 | Source: https://en.wikipedia.org/wiki/DeHaat
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