DeHaat Honest Farms has raised ₹35 crore in a pre-Series A led by OTP Ventures, with Sadev Capital and Maiuni Ventures participating. No valuation or dilution was disclosed.
The capital goes towards geographic expansion, building awareness for pesticide-free produce and new product development.
Parent company DeHaat has raised around $221 million and funded the brand internally with about ₹20 crore from 2022, so taking outside capital marks Honest Farms out as a separately financed asset.
No revenue, margin or repeat purchase data has been published for Honest Farms; the last public figure was around ₹3 crore a month in 2024.
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