BIHAR-SU-001

DeHaat

Patna-headquartered agritech company offering farmers inputs, advisory, market access and export linkages. It is Bihar's most heavily funded startup, backed by investors including Temasek and Sofina.

AgriTechOperatingPatna, Bihar

What's confirmed

6 sourced facts

Raised a $60 million Series E in December 2022, co-led by Sofina Ventures and Temasek.
Raised INR 200 crore in venture debt from Trifecta Capital (April 2025).
Reported operating revenue of INR 3,010 crore in FY25, up 12% from INR 2,675 crore.
Reported FY25 net profit of INR 369 crore, driven by a one-time non-cash gain of INR 576 crore.
Had raised around $222 million in total as of September 2025, according to ET.
In August 2026 it carved out its Honest Farms consumer brand into DeHaat Consumer Products, which raised INR 35 crore; DeHaat remains the majority shareholder.

Still to be confirmed

6 open questions

Current valuation (TechCrunch reported over $700 million in 2022)
A $100 million round listed by PitchBook for October 2024
Audited FY26 results
Headcount employed in Bihar
Which investors led the Series E as against being named as existing backers. The rounds listed here sum to about $221 million, which is consistent with the roughly $222 million total ET reported in September 2025, but Prosus, RTP Global and Lightrock appear in reporting on more than one round and their attribution per round is not firmly established.
Exact dates within the month for the 2019, 2020, 2021 and 2021 rounds; reporting gives the month only.

Funding rounds (7)

Newest first. The status column separates closed rounds from planned raises, TV offers and sanctioned support.

Date	Round	Amount	Investors	Status	Source
17 Aug 2026	Pre-Series A (subsidiary DeHaat Consumer Products / Honest Farms) Equity	₹35 Cr	OTP Ventures, Sadev Capital, Maiuni Ventures	Closed subsidiary round	The Times of India
25 Apr 2025	Venture debt Debt	₹200 Cr	Trifecta Capital	Closed	Inc42
1 Dec 2022	Series E Equity	$60M	Sofina Ventures, Temasek	Closed	The Economic Times
Oct 2021	Series D Equity	$115M	Sofina Ventures, Lightrock India, Temasek	Closed	The Economic Times
Jan 2021	Series C Equity	$30M	Prosus Ventures, RTP Global	Closed	The Economic Times
Apr 2020	Series A Equity	$12M	Sequoia Capital India, FMO, Omnivore, AgFunder	Closed	The Economic Times
Mar 2019	Pre-Series A Equity	$4M	Omnivore, AgFunder	Closed investor statement	Omnivore (investor)

Reported financials

Year	Operating revenue	Net profit	Note
FY2024-25	₹3,010 Cr	₹369 Cr	Profit includes a one-time non-cash fair-value gain of INR 576 crore; FY24 was a INR 1,133 crore loss. Filings sourced via Tofler.

Sources (8)

Who reported it, when, and what they cover

Publisher	Published	Covers	Link
Omnivore (investor) Investor statement	31 Mar 2019	• $4 million pre-Series A with Omnivore and AgFunder	No public link
The Economic Times Established news	30 Apr 2020	• $12 million round led by Sequoia Capital India, since renamed Peak XV, with FMO participating	No public link
The Economic Times Established news	31 Jan 2021	• $30 million Series C from Prosus Ventures and RTP Global	No public link
The Economic Times Established news	31 Oct 2021	• $115 million Series D with Sofina, Lightrock and Temasek	No public link
The Economic Times Established news	1 Dec 2022	• $60M Series E • lead and participating investors	Open source (opens in a new tab)
Inc42 Established news	25 Apr 2025	• INR 200 crore venture debt from Trifecta Capital	Open source (opens in a new tab)
The Economic Times Established news	26 Sept 2025	• FY25 revenue and profit • Patna headquarters • founders • ~$222M raised to date	Open source (opens in a new tab)
The Times of India Established news	17 Aug 2026	• Honest Farms carve-out • INR 35 crore pre-Series A • DeHaat majority ownership	Open source (opens in a new tab)