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Varaha raises $8 7 m to accelerate agricultural decarbonisation

Varaha raises $8 7 m to accelerate agricultural decarbonisation
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India generalAnkita gargMadhur jainVishal kuchanurKunal shahNorinchukin bankOrios ventureOrios venture partnersBetter capital

Varaha helps Indian farmers reduce climate-harming practices like burning crop residue and flooding rice fields

Varaha has attracted investor interest as an end-to-end developer for carbon credits that it generates by working with thousands of smallholder farmers yielding crops on a total land of over 700,000 acres across India, Bangladesh, Nepal, and Kenya. Generally speaking, carbon offsets are granted when an organization or company engages in a practice that reduces CO2 emissions, such as replacing fossil-fuel-based energy sources with renewable energy sources, or (rarely) removes CO2 from the atmosphere through technology like carbon capture. Polluters then purchase these offsets to counter the CO2 they're emitting, which lets them claim to be reducing their emissions or heading toward "net zero" carbon emissions.

India generalRepublic ofAnkita gargVishal kuchanurGalina chifinaMadhur jainPan asia alliance groupNorinchukin bankOctave wellbeing economy fundImage creditsGood carbonCarbon futureSouth asiaSoutheast asiaOrios venture partnersAsia alliance group

Varaha helps Indian farmers reduce climate-harming practices like burning crop residue and flooding rice fields

Indian climate tech startup Varaha has raised $8.7 million in a funding round led by RTP Global.

Republic ofMadhur jainAnkita gargGalina chifinaMadhur jain varahaMichael kremerVishal kuchanurPrecision agriculture for developmentOctave wellbeing economy fundPan asia alliance groupNorinchukin bankMorgan stanleyNobel prizePrecision agricultureImage creditsGood carbon

Varaha helps Indian farmers reduce climate-harming practices like burning crop residue and flooding rice fields

Varaha has attracted investor interest as an end-to-end developer for carbon credits that it generates by working with thousands of smallholder farmers yielding crops on a total land of over 700,000 acres across India, Bangladesh, Nepal, and Kenya. Generally speaking, carbon offsets are granted when an organization or company engages in a practice that reduces CO2 emissions, such as replacing fossil-fuel-based energy sources with renewable energy sources, or (rarely) removes CO2 from the atmosphere through technology like carbon capture. Polluters then purchase these offsets to counter the CO2 they're emitting, which lets them claim to be reducing their emissions or heading toward "net zero" carbon emissions.

Republic ofIndia generalVishal kuchanurMadhur jainGalina chifinaAnkita gargPan asia alliance groupNorinchukin bankOctave wellbeing economy fundImage creditsGood carbonCarbon futureSouth asiaSoutheast asiaOrios venture partnersAsia alliance group

Varaha helps Indian farmers reduce climate-harming practices like burning crop residue and flooding rice fields

Varaha has attracted investor interest as an end-to-end developer for carbon credits that it generates by working with thousands of smallholder farmers yielding crops on a total land of over 700,000 acres across India, Bangladesh, Nepal, and Kenya. Generally speaking, carbon offsets are granted when an organization or company engages in a practice that reduces CO2 emissions, such as replacing fossil-fuel-based energy sources with renewable energy sources, or (rarely) removes CO2 from the atmosphere through technology like carbon capture. Polluters then purchase these offsets to counter the CO2 they're emitting, which lets them claim to be reducing their emissions or heading toward "net zero" carbon emissions.

India generalRepublic ofMadhur jainVishal kuchanurGalina chifinaAnkita gargOctave wellbeing economy fundNorinchukin bankPan asia alliance groupImage creditsSouth asiaSoutheast asiaOrios venture partnersAsia alliance groupOctave wellbeing economy