Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

DeHaat secures $12 million to link India’s farmers to markets



ImpactAlpha, April 7 – Gurgaon-based DeHaat’s online marketplace connects India’s smallholder farmers to buyers, and to farming equipment, inputs and financing. It serves more than 200,000 farmers in the rural and poor states of Bihar and Uttar Pradesh, as well as Jharkhand and Odisha.

Sequoia India led the company’s $12 million Series A round, backed by Dutch development bank FMO and existing investors Omnivore and AgFunder.

Services like DeHaat are all the more crucial when markets aren’t functioning normally, Omnivore’s Mark Kahn told ImpactAlpha. “Farmers in rural India are in a difficult position,” without knowing which buyers are active and which have shut down. He added: “DeHaat is addressing information asymmetry that farmers couldn’t on their own.”

You might also like...