Mirova Invests in Indian Climate Tech Startup Varaha
Update: 2025-11-13
Description
Mirova, a French investment firm, has made a significant carbon investment in India, putting $30.5 million into Varaha, a climate tech startup. This investment will support Varahas regenerative farming program, benefiting hundreds of thousands of smallholder farmers in northern India. Mirovas unique approach involves providing cash in exchange for a portion of the carbon credits generated over time. Varaha, founded in 2022, focuses on designing and running carbon projects in regenerative agriculture. The investment will help Varaha acquire machinery for low-emission practices and provide additional income for participating farmers through verified carbon credits.
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