# Varaha

> Varaha is an India-based climate-tech company that builds high-integrity carbon removal projects in the Global South. Working with roughly 170,000 smallholder farmers across about 1.7 million acres, it generates verified carbon credits through four pathways - regenerative agriculture, agroforestry, biochar, and enhanced rock weathering - and quantifies the results with a measurement, reporting and verification (MRV) platform powered by remote sensing, machine learning and field science. Its credits are bought by buyers like Google, Microsoft, Lufthansa and Swiss Re.

- **Founded:** 2022
- **Headquarters:** Gurugram, Haryana, India
- **Founders:** Madhur Jain (Co-Founder & CEO), Ankita Garg (Co-Founder & COO), Vishal Kuchanur (Co-Founder & CTO)
- **Team size:** ~225-310 employees (over 80% based in India)
- **Products:** Carbon removal projects, MRV platform, Biochar production, Verified carbon credits
- **Notable:** Signed the world's largest biochar carbon removal deal to date with Google (100,000 tons, delivery by 2030)., Removed more than 2 million tons of CO2 across 14 active projects., Issued around 150,000 carbon removal credits to date.

## Products & services

- **Carbon removal projects** — End-to-end development of carbon removal projects across four pathways: regenerative agriculture, agroforestry, biochar, and enhanced rock weathering.
- **MRV platform** — A measurement, reporting and verification platform that uses remote sensing, machine learning and field science to quantify greenhouse gas reduction and sequestration.
- **Biochar production** — Industrial pyrolysis facility in Gujarat that converts biomass - including the invasive Prosopis Juliflora - into biochar, a stable form of carbon that can persist for 1,000-2,500 years.
- **Verified carbon credits** — High-integrity carbon credits issued through registries including Puro.earth, Isometric, Verra, Gold Standard and Carbon Standards International, sold to corporate buyers.

## Achievements

- Signed the world's largest biochar carbon removal deal to date with Google (100,000 tons, delivery by 2030).
- Removed more than 2 million tons of CO2 across 14 active projects.
- Issued around 150,000 carbon removal credits to date.
- Reached roughly 170,000 smallholder farmers across about 1.7 million acres.
- Raised a planned $45 million Series B led by WestBridge Capital - the firm's first climate-tech investment.
- Reported profitability after tax while scaling across five countries.

## Latest updates

- **2026-02** — Raised $20 million as the first tranche of a planned $45 million Series B led by WestBridge Capital; plans expansion into Vietnam and Indonesia.
- **2025-11** — Mirova invested ~$30 million (EUR 26.4M) to scale regenerative agriculture projects.
- **2025-01** — Google signed the world's largest biochar carbon removal deal with Varaha (100,000 tons, delivery by 2030).
- **2024-02** — Closed an $8.7 million Series A led by RTP Global, including Norinchukin Bank's first Indian startup investment.

## Links

- Website: https://varaha.earth
- LinkedIn: https://www.linkedin.com/company/varaha-carbontech
- Twitter/X: https://twitter.com/varahaearth
- Facebook: https://facebook.com/people/Varahaearth/100086691786188/

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Profile page: https://yespress.io/varaha
Published by YesPress — https://yespress.io
Last updated: 2026-06-10