DeHaat explained

DeHaat
Type:Private
Industry:E-commerce, Agriculture
Founder:Shashank Kumar
Shyam Sundar
Amrendra Singh
Adarsh Srivastava
Abhishek Dokania
Location:Patna, Bihar, India (Head office)
Gurugram (Corporate office)
Key People:Shashank Kumar (CEO) [1]

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 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

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

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]

External links

Notes and References

  1. Web site: [Funding Galore] From CoinDCX To Recur Club — Over $532 Mn Raised By Indian Startups This Week ]. Inc42 Media . en . 23 April 2022.
  2. Web site: Agritech platform DeHaat acquires foodtech company Y-Cook . VCCircle . 26 April 2022.
  3. Web site: Oct 28 . TNN / . dehaat: Agritech platform DeHaat raises $115mn from investors Bengaluru News - Times of India . The Times of India . en.
  4. News: Agritech firm DeHaat acquires farm input startup Helicrofter . The Economic Times.
  5. Web site: Bihar IIT Grad Left Cushy Job to Build One-Stop Shop That Helps 65,000+ Farmers! . The Better India . en . 10 April 2019.
  6. Web site: 2023-02-27 . How Indian Startups Are Helping Farmers With Technology . 2023-02-28 . en-US.
  7. Web site: Mathur . Nandita . Agritech firm DeHaat acquires FarmGuide . mint . en . 23 February 2021.
  8. News: Agritech firm DeHaat acquires farm input startup Helicrofter . The Economic Times.
  9. Web site: Bureau . BL Hyderabad . DeHaat picks majority stake in Y-Cook India in all-cash deal . www.thehindubusinessline.com . en . 26 April 2022.
  10. Web site: Agritech platform DeHaat acquires foodtech company Y-Cook . VCCircle . 26 April 2022.
  11. Web site: Agri-tech start-up DeHaat looks to expand pan-India footprint with a focus on smallholder farmers . Financialexpress . en.