Founded in 2022 by Ankita Garg, Madhur Jain, and Vishal Kuchanur, Varaha's mission is to harness agriculture as a solution to climate change while improving farmers’ livelihoods. Today, it stands as one of the leading global climate tech startups specializing in nature-based solutions, backed by a diverse team of scientists, technologists, and agricultural experts committed to scaling impactful climate initiatives.

Varaha’s achievements have been both groundbreaking and industry-defining. In 2024, it issued India’s first-ever CDR credit under Puro.Earth, positioning itself as South and Southeast Asia’s leading project developer for industrial biochar credits. The same year, it secured $8.7 million in a funding round led by RTP Global, with participation from Omnivore, Orios Venture Partners, and Norinchukin Bank, aimed at driving global expansion and advancing regenerative agricultural practices.

The company was also recognized as a Select 200 company with global business potential at DGEMS 2024. Notably, its customer base comprises some of the largest carbon marketplaces globally, including Klimate (Denmark), Good Carbon (Germany), and Carbon Future (Switzerland), top-tier European corporations, with increasing demand from financial institutions and technology firms in the UK and the US. On the ground, Varaha has enrolled over 700,000 acres of farmland across India, Bangladesh, Nepal, and Kenya.

Further, in January 2025, Varaha made headlines by signing a deal to sell 100,000 CDR credits to Google, making it Google’s first-ever large-scale carbon removal purchase in India. Just months later, in March 2025, the company secured a multi-million-dollar multi-carbon pathways investment from Conductor Capital, a UK-based commodities and environmental products investment manager. This was followed by another multi-million-dollar agreement with climate tech platform Patch in April 2025, extending support to over 100,000 smallholder farmers across Asia.

In August 2025, Varaha reached another significant milestone by successfully registering its second industrial biochar facility with Puro.earth, the world’s leading carbon removal standard and registry.

As Varaha looks ahead, its target is to expand its farmer base by four times over the next 12–15 months, increase projects beyond one million hectares, and solidify its role as a critical player in the voluntary carbon market, forecasted to reach $250 billion by 2050. With a proven track record, strong global partnerships, and a mission deeply rooted in climate action, Varaha is set to remain at the forefront of delivering scalable, sustainable, and farmer-centric climate solutions worldwide.