According to the source, DeHaat will raise almost $100 million in Series E round to fund its agritech startup. The pre-money value of DeHaat is nearly $900Mn.
DeHaat could see its post-money valuation rise to $1 billion. This will make it the country’s first agritech startup to become a unicorn.
DeHaat offers farmers end-to-end services including high-quality agri input distribution, customized farm advisory, financial services access, and market links for selling their produce.
Sequoia will provide funding to enable the startup to surpass Ninjacart, an agritech startup that was funded by Flipkart. estimates that India’s agritech market will reach $24.1 billion in 2025.