News Summary

Mirova, a French climate-focused investment firm, has invested $30.5 million in Indian climate tech startup Varaha to support its regenerative farming program. This investment will help Varaha expand its operations, which aim to assist smallholder farmers in India by adopting low-emission practices and generating verified carbon credits. Varaha, founded in 2022, focuses on regenerative agriculture and operates through a network of local partners to implement its projects. The startup plans to use the investment to procure necessary machinery and aims to develop programs for women farmers to enhance gender inclusion. Varaha has previously signed a significant agreement with Google for biochar carbon removal credits.