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Announced

Completed

Sofina and Lightrock led a $115m Series D funding round in DeHaat.

Financials

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Transaction Value£83m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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India

Private

Acquisition

Venture Capital

Friendly

Digital Services

Cross Border

Private Equity

agricultural technology

Minority

Completed

Synopsis

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Two investment firms Sofina and Lightrock led a $115m Series D funding round in DeHaat, an agritech platform offering end-to-end agricultural services to farmers. Additional investors include Temasek, Prosus, RTP Global, Sequoia India and FMO. "At DeHaat, we are on a mission of building the world's largest Agritech platform. We have raised $157m from marquee investors in the last 30 months and our team has grown to a brigade of 850+ professionals with deep expertise in growth & strategy, supply chain, technology & agricultural science. Last 7 months have been phenomenal with 5X growth for DeHaat. We are now well positioned to replicate the success in all major agriculture clusters of India in next 12-15 months," Shashank Kumar, DeHaat Co-Founder and CEO.

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