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[Weekly funding roundup Feb 17-23] VC inflow continues to remain stable

[Weekly funding roundup Feb 17-23] VC inflow continues to remain stable
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India generalEdelweiss discovery fund seriesGujarat venture financeNorinchukin bankChiratae growth fundOctave wellbeing economy fundUshodaya enterprisesBajaj autoCream potSaison capitalZephyr peacock indiaForce venturesAlteria capitalOrios venture partnersOctave wellbeing economyHindustan times media ventures

Climate-tech startup Varaha raises $8 7M from RTP Global

Climate-tech startup Varaha raises $8 7M from RTP Global
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India generalMadhur jainVishal kuchanurAnkita gargOctave wellbeing economy fundMinistry of powerMinistry of environmentNorinchukin bankPan asia alliance grouoOrios venture partnersAsia alliance grouoOctave wellbeing economyCarbon credit trading schemeClimate change

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