Patna Based Startup DeHaat has raised $115 million (around Rs 860 crore) in its Series D funding from investors including Sofina, Light Rock India (Belgium based investment firm) and Temasek (Sinagapore government investment fund) along with the participation from existing investors, Prosus Ventures, RTP Global, Sequoia Capital India and FMO.This then Patna based startup DeHaat was founded in 2012 by Shashank Kumar, Shyam Sundar Singh, Amrendra Singh and Adarsh Srivastav, is a technology-based business-to-farmers (B2F) platform that offers full-stack agricultural services to farmers including distribution of farm inputs, crop advisory, access to financial services, and market linkages for selling their produce through its digitised network of farmers.Pertaining to the reason behind raising this huge amount of money, the CEO said “We will utilise the funds to expand our operations in new states like Andhra Pradesh, Telangana and Maharashtra.”He further added that the amount would be utilised on new technology and to introduce more value-added services.The company has its potential to target the farmers across the country, as it is already been dealing with around 7 lakh farmers from various states, including Bihar, Uttar Pradesh, Odisha, Madhya Pradesh, and Rajasthan.Founded by the alumnis of IIT, IIM and NIT, the company comes with an aim to drive efficiency and transparency in this $350 billion industry. It has currently built a rural retail network of more than 3,000 microentrepreneurs for last-mile delivery as well as aggregation. Earlier this year, DeHaat acquired Farm Guide — a SaaS-based platform to provide satellite-based insights and advisory to farmers.It’s a pride in itself to see the young minds indulging in bringing something new to the table and the kind of services DeHaat is providing is exceptional in country like India which has intensively been spellbounded by edtech startups.Keeping in mind the farmers’ plight, there’s a need to have such type of service provider in the country, and hence it got one, and a something which has caught the attention of investors and help them taking the decision of investing in it quickly.Investors Across the World Experienced the Same Yana Kachurina, Principal at Sofina experienced the same, as she said “Through our due diligence, we became convinced that DeHaat is bringing substantial value-add to the farming community in India.” Vaidhehi Ravindran, Partner, Lightrock India said, “Through innovative social engineering and tech-led execution, DeHaat has built the largest first mile network for farmers and is well positioned to help transform agriculture by improving yields and farmer income.”With Inputs From Livemint, YourStory & Financial Express