AFI SOCIAL ENTERPRISES SUCCESS STORIES: DeHaat

Name of Entrepreneur: Shashank Kumar

AFI Fellow: 2016

Website: https://agrevolution.in/

Founded: 2012

Email: shashank@agrevolution.in

Platform which connects all the farmers and provides them with all the agricultural products and services.

About the Startup:

DeHaat stands as a leading force in India's Agri-Tech sector, distinguished for its comprehensive support to farmers across the country. Operating in 12 key agrarian states, DeHaat boasts a vast network of over 11,000 DeHaat Centers and 503 Farmer Producer Organizations (FPOs), reaching out to more than 2.2 million farmers, serving 18+ million farmers, Offering end-to-end solutions, our AI-powered technologies are reshaping farming practices, enhancing both supply chain efficiency and production output.

Founded by alumni from esteemed institutions like IIT Delhi, IIT Kharagpur, and IIM Ahmedabad, among others, DeHaat has garnered significant recognition for its impact at the grassroots level. Over our 12-year journey, we have received accolades from prestigious entities such as NASSCOM, Forbes, Economic Times, Niti Aayog, and the Bill Gates Foundation. Our commitment to providing AI-enabled crop advisory services, covering over 30 crops in regional languages, underscores our dedication to empowering farmers and driving agricultural advancement.

DeHaat acquires Freshtrop Fruits’

DeHaat acquires Freshtrop Fruits’ export business for Rs 77 crore (about $9.3 million), as per a regulatory filing.

The deal done in November 2023, also entailed Freshtrop Fruits’ export vertical employees, including its top leadership, moving to Sofina and Temasek-backed DeHaat.

Freshtrop Fruits is a Rs 250-crore business was founded in 1992 and listed on the Bombay Stock Exchange.