Hesa

Revolutionizing Rural Commerce

General Information
Company Name
Hesa
Founded Year
2020
Location (Offices)
Hyderabad, India +1
Founders / Decision Makers
Number of Employees
157
Industries
-
Funding Stage
Seed
Social Media

Hesa - Company Profile

Hesa is a rural e-commerce startup from India that aims to serve the vast countryside's "Next Billion Consumers." With a unique model integrating AgriTech and Commerce, Hesa has achieved a monthly GMV of USD 15 million as of March 2023, and boasts a network of over 35,000 Hesaathis across 5 states. Recognized as a top 3 winner in the 'Best Start-up' category at the Telangana State Industry Awards 2021, the founder and CEO also gained attention as a top entrepreneur to follow in 2021 by Business Sight. Hesa's key proposition is its aggregated platform, linking rural customers with Village Level Entrepreneurs (Hesaathis) for various products, services, and financial transactions. Currently operating in over 50,000+ villages, Hesa aims to expand its reach, envisioning itself as Rural India's most expansive integrated marketplace, connecting 650,000+ villages. Having raised a Seed Round investment of INR177.00M on 02 June 2022 from significant investors including Venture Catalysts, Inflection Point Ventures, Sprint Vc, We Founder Circle, and Faad Network, Hesa is poised to revolutionize rural commerce. With a focus on harnessing the potential of 850 million rural consumers, the startup is on a mission to bridge the rural-urban commerce divide, stimulate rural economic growth, and champion micro-enterprise creation. Hesa represents not just an e-commerce platform, but a movement shaping the future of rural commerce.

Taxonomy: Rural e-commerce, AgriTech, RuralTech, Super App, Village Level Entrepreneurs, Integrated marketplace, Supply chain, Financial transactions, Economic growth, Micro-enterprises, Rural activations, Digital payments, Livelihoods, Sustainable unit economics

Funding Rounds & Investors of Hesa (6)

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Funding Stage Amount No. Investors Investors Date
Seed Round INR177.00M 5 02 Jun 2022
Seed Round $1.50M 1 15 Dec 2021
Grant $450.00K 1 National Bank for Agriculture and Rural Development (NABARD) 06 Oct 2021
Seed Round Unknown 1 Thirteen Initiatives 01 Jul 2021
Seed Round $2.00M 10 Salil Chakrabarty Innovation Fund, MABS +2 30 Jun 2021

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Latest News of Hesa

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No recent news or press coverage available for Hesa.

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