Agritech startup DeHaat, which currently serves over 7,00,000 farmers across Bihar, Uttar Pradesh, Jharkhand, West Bengal, Odisha, Madhya Pradesh and Rajasthan, has acquired agri-input marketplace startup Helicrofter to expand its presence in Maharashtra and other parts of West India.
Started in 2012 and based in Gurugram (Haryana) and Patna (Bihar), DeHaat is a technology-based platform, offering end-to-end agricultural services to farmers, founded by IIT, IIM and NIT alumni Amrendra Singh, Shyam Sundar, Adarsh Srivastav and Shashank Kumar.
With the integration of Helicrofter, encompassing 2000+ agri-input retailers and 30 sellers across Maharashtra, DeHaat CEO Shashank Kumar said the company has added another major agriculture belt to its geographical footprint.
Helicrofter, which was founded in 2020 by Siddhartha Choudhary, has achieved annual revenue of over Rs 50 crore.
On the acquisition, Amrendra Singh, Co-founder DeHaat, said: "We have been consistent with 35-40 per cent 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”.