Varaha
Varaha is a tech-enabled climate-tech company that generates carbon credits from nature-based projects — regenerative agriculture, agroforestry, biochar, and enhanced rock weathering — by enrolling smallholder farmers across India, Nepal, Bangladesh, Bhutan and Ivory Coast.
Varaha: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 3 Feb 2026 | Series B | $20 Mn | WestBridge Capital Omnivore RTP Global | source |
| 22 Feb 2024 | Series A | $8.7 Mn | RTP Global AgFunder Norinchukin Bank Octave Wellbeing Economy Fund Omnivore Orios Venture Partners | source |
| 9 Dec 2022 | Seed | $4 Mn | Orios Venture Partners Better Capital Kunal Shah Omnivore RTP Global | source |
Recent Signals
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3 Feb 2026 · financial
Varaha reports ₹430M revenue last financial year, projects ~₹1B this year, profitable after tax source -
15 Jan 2026 · ma-strategic
Microsoft signs offtake agreement for 100,000+ tons of biochar carbon removal credits from Varaha source -
14 Nov 2025 · financial
Mirova invests $30M (project financing + offtake) in Varaha's Kheti regenerative-farming soil carbon project source -
16 Jan 2025 · ma-strategic
Google agrees to buy 100,000 tons of biochar carbon removal credits from Varaha source -
29 Oct 2024 · growth-traction
Varaha launches India's first carbon dioxide removal credits from industrial biochar via Puro.Earth source
News on Varaha
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Who founded Varaha?
Varaha was founded by Madhur Jain, Ankita Garg, Vishal Kuchanur in 2022.
How much funding has Varaha raised?
Varaha has raised $32.7 Mn across 3 tracked funding round(s), most recently on 2026-02-03. Figures are compiled from cited public sources.
Who are the investors in Varaha?
Investors in Varaha include WestBridge Capital, Omnivore, RTP Global, AgFunder, Norinchukin Bank, Octave Wellbeing Economy Fund, Orios Venture Partners, Better Capital.
What does Varaha do?
Varaha is a tech-enabled climate-tech company that generates carbon credits from nature-based projects — regenerative agriculture, agroforestry, biochar, and enhanced rock weathering — by enrolling smallholder farmers across India, Nepal, Bangladesh, Bhutan and Ivory Coast.
Where is Varaha headquartered?
Varaha is headquartered in Gurugram, Haryana, India.
What is Varaha's business model?
Varaha's core value proposition centers on Lower-cost, verified carbon removal supply, Multiple nature-based removal pathways.
How does Varaha make money?
Varaha's cited revenue streams include Sale of verified carbon credits.