DeHaat Completes First ESOP Buyback, Targets Full-Year Profitability by FY25

Entrepreneurial agritech startup DeHaat, based out of Bengaluru, has successfully completed its first Employee Stock Ownership Plan (ESOP) buyback, amounting to INR 10 crore.

The buyback saw substantial involvement both from existing and former employees.

DeHaat was founded in 2012 and has successfully emerged as a critical market place for Indian farmers.

The present services offered by DeHaat range from agri-inputs, advisory, financial services to market linkages.

The innovative model of this company uses technology which empowers farmers and ultimately enhances productivity and improves income.

The successful ESOP buyback comes on the heels of a period of strong growth for DeHaat.