Agritech startup DeHaat has secured a significant $100 million in funding. This latest investment will expand the company’s operations and acquire strategic assets within the agricultural sector.
The funding round at a flat valuation indicates strong investor confidence in DeHaat’s growth potential.
The company plans to use the funds to:
• Expand its geographical reach: DeHaat aims to increase its presence in key agricultural regions, providing more farmers with access to its services.
• Acquire complementary businesses: The startup will explore opportunities to acquire companies that can enhance its product offerings or strengthen its market position.
• Invest in technology: DeHaat will continue to invest in innovative technologies to improve its platform and offer farmers better solutions.
“We are excited to receive this substantial funding,” said DeHaat’s CEO “This investment will enable us to accelerate our mission of empowering farmers and transforming the agricultural industry.”
DeHaat has pioneered agritech, providing farmers with access to quality inputs, financial services, and market linkages.
With this new funding, the company is well-positioned to become a leading player in the global agricultural market.
Also read: Singapore International Agri-Food Week 2024 Set to Drive Sustainable Food Systems in Asia
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