India, April 25 -- Agritech soonicorn DeHaat has raised INR 200 Cr (around $23.4 Mn) in venture debt from Trifecta Capital.

DeHaat's board issued 1,000 non-convertible debentures (NCDs) at INR 10 Lakh apiece to Trifecta Venture Debt Fund - III on April 23 to raise INR 100 Cr, its regulatory filings with the Registrar of Companies showed.

However, in a statement to Inc42, the agritech startup said it received another tranche of INR 100 Cr from Trifecta Capital this month, taking the total funding in the round to INR 200 Cr.

The Delhi NCR-based startup plans to use the funds to clock a 40% year-on-year (YoY) growth in FY26 and drive geographic expansion across business units.

While DeHaat did not disclose its exact valuation, it said it...