Gurugram and Patna-based agritech platform DeHaat has raised Series A funding of $12 million led by Sequoia Capital.
The platform will use some of the new funding to automate its supply chain and build the next layer of data analytics to drive further supply chain efficiency.
Shashank Kumar, Co-Founder and CEO of DeHaat, said:“We are excited to partner with Sequoia India and FMO as we drive towards one million farmers on the DeHaat platform.
The team plans to scale up to 2,000 rural retail centres for last-mile delivery and produce aggregation, and bring one million farmers on the network by 2021.
Abhishek Mohan, VP, Sequoia Capital India LLP, said, “Indian agriculture is a $350 billion industry powered by close to 100 million small and independent farmers. | To read full story, visit https://startuparound.com/read/1586232005.6568017/[Funding-alert]-Agritech-platform-DeHaat-raises-$12M-in-Series-A-led-by-Sequoia-Capital?ref=audio_experience