What is Varaha's approach to regenerative farming in India?

Varaha focuses on practices like direct seeding of rice and incorporating crop residue into the soil, which are crucial alternatives to the widespread practice of burning stubble after harvest.

How will Mirova's investment help Varaha scale its operations?

Mirova's $30.5 million investment will enable Varaha to procure the machinery needed to implement regenerative practices, such as direct seeders and machines for crop residue incorporation.

What are the key benefits of Varaha's regenerative farming model?

In addition to cutting emissions, Varaha's tech is intended to improve soil health, reduce water use, limit chemical inputs, raise crop yields, lower farming costs, and contribute to cleaner air.

Home / Environment / French Firm Invests $30.5M in Indian Climate Tech Startup to Boost Regenerative Farming

French Firm Invests $30.5M in Indian Climate Tech Startup to Boost Regenerative Farming

13 Nov

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Summary

Mirova invests $30.5M in Indian climate tech startup Varaha
Funding to expand Varaha's regenerative farming program for smallholder farmers
Varaha's carbon credit model channels corporate capital into emissions-reduction projects

French Firm Invests $30.5M in Indian Climate Tech Startup to Boost Regenerative Farming

In a significant move, the French climate-focused investment firm Mirova has invested $30.5 million (€26.4 million) in the Indian climate tech startup Varaha. This investment, made just last month, will help Varaha expand its regenerative farming program, supporting hundreds of thousands of smallholder farmers in northern India.

The deal marks Mirova's first carbon investment in India, but its structure is unique. Rather than taking equity, the Paris-based firm is investing cash and will receive a share of the carbon credits generated over time. This arrangement is part of Mirova's broader carbon investment strategy, which channels corporate capital into verified emissions-reduction projects.