Agri startup DeHaat acquires Helicrofter
DeHaat, India’s largest full-stack agritech startup, has announced its acquisition of Maharashtra-based B2B agri-input marketplace startup, Helicrofter. Helicrofter has over 2000 agri-input retailers & 30 sellers across Maharashtra. With this acquisition, DeHaat has added another major Indian agricultural belt to their expansive geographical footprint. DeHaat claims to have pioneered the tech revolution across major agricultural belts of India and serve 700,000 farmers across Bihar, Jharkhand, Uttar Pradesh, West Bengal, Madhya Pradesh, Odisha, and Rajasthan. The addition of Helicrofter, is in line with the goal of geographical expansion, as it marks DeHaat’s entry into Maharashtra. DeHaat provides farmers with access to over 3,200 agricultural inputs, combined with AI-based customised crop advisory on pest and disease management, delivered via mobile app and call centres. Amrendra Singh, Co-founder, DeHaat, said, “At DeHaat, we have built a crop and service agnostic, farmer-first model. Owing to our full-stack approach, we have been generating amazing responses from all our new, as well as existing geographies. We have been consistent with 35-40% growth in our network on a Month on Month basis, and this acquisition will cement our footprint into Maharashtra and thereby the Western part of India, which forms a major agri cluster for the nation. Over the years, DeHaat’s micro-entrepreneur network has grown to 4000 in Eastern and Central parts of India. With the addition of Helicrofter’s network, we will now add a wide range of prospective micro-entrepreneurs from Western India to this list.” Founded in 2020 by Siddhartha Choudhary, Helicrofter is a farm input e-commerce platform designed to do away with supply chain inefficiencies in the rural ecosystem. Helicrofter has been generating revenue since the very first month of its inception and has clocked annual revenues over Rs 50 crore. In the last six months, DeHaat has integrated financial services into its list of offerings. The company is backed by Sequoia Capital India, Prosus Ventures, RTP Global, FMO and Omnivore.
DeHaat provides farmers with access to over 3,200 agricultural inputs, combined with AI-based customised crop advisory on pest and disease management.
DeHaat provides farmers with access to over 3,200 agricultural inputs, combined with AI-based crop advisory on pest and disease management.
["Mergers and Acquisitions", "Sequoia Capital"]
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["AI", "Aim", "R", "Go", "API", "ELT", "startup", "programming_languages:R", "programming_languages:Go"]
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