GREEN AGREVOLUTION PVT. LTD.Status: Approved investment
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Who is our customer
Green AgRevolution has developed DeHaat which is a technology-led platform to connect farmers in India to agricultural inputs, advisory services, & markets. The platform reaches over 190,000+ farmers and has developed a last-mile distribution network of over 350 DeHaat centres. The centres are run by micro-entrepreneurs through a franchise model.
What is our funding objective?
An investment of INR 130mln (USD 1.8mln) is contemplated from FMO Ventures Program. The funding will be used for expansion of DeHaat centres network and farmer base, technology, branding & retention, and piloting new services.
Why do we fund this investment?
The key challenges that smallholder farmers face are a lack of access to i) inputs, ii) knowledge, iii) markets, and iv) finance. DeHaat has developed a holistic model that addresses the first three of these constraints in an efficient manner. By enabling lower priced inputs (10-15% cost savings), improvements in productivity (up to 20% increase in yield) and providing access to markets (up to 15% price increase), DeHaat’s clients benefit from increased profitability, and consequently improved livelihoods.
What is the Environmental and Social categorization rationale?
E&S category B: IFC PS 1-4 are applicable to this transaction. The company is deemed to render limited E&S risks and/or impacts that generally site-specific and largely reversible. Key issues are related to occupational health and safety, waste management (incl. storage/handling of products), and supply chain management. IFC PS 5-8 are not applicable. Facilities are located at industrial/residential zones and as such no impact on biodiversity, indigenous peoples and cultural heritage are expected.
|Date||Total FMO financing|
|9/17/2021||INR 371.74 MLN|
|12/4/2020||INR 137.10 MLN|
|8/24/2020||EUR 0.10 MLN|
|6/30/2020||INR 270.26 MLN|
- Agribusiness, Food & Water
- Publication date
- Effective date
- Total FMO financing
- INR 130.00 MLN
- Building Prospects
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C)