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Varaha helps Indian farmers reduce climate-harming practices like burning crop residue and flooding rice fields
Indian climate tech startup Varaha has raised $8.7 million in a funding round led by RTP Global.
Years before starting Varaha, Jain, while working with the Nobel Prize Laureate Michael Kramer at the social enterprise Precision Agriculture for Development as its country director for India, realized the need to incentivize farmers to limit crop residue burning, which contributes to a smog blanket during winters. Varaha now works with over 100 partners across all the geographies it presents to onboard smallholder farmers to help them follow sustainable and regenerative farming practices that result in quantifying emission reduction and soil organic carbon sequestration. The startup has developed its measurement, reporting and verification (MRV) platform that uses a mix of remote sensing, machine learning and scientific research to quantify the sequestration (safely separating and storing harmful substances including carbon dioxide) and limit greenhouse gases from regenerative agriculture, afforestation and biochar projects.
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