About Varaha
Varaha is an Environment company based in Gurugram (India) founded in 2022 by Ankita Garg, Vishal Kuchanur, and Madhur Jain. SaaS solutions for carbon removal and sustainable agriculture are provided. Varaha has raised $84.88 million across 6 funding rounds from investors including Prodapt, RTP Global and Orios Venture Partners. The company has 36 employees. Varaha was last valued at $43.31 million in January 2024. Its chief executive, as recorded, is Madhur Jain. Its website varaha.earth draws about 37 thousand monthly visits. Its Indian entity Varaha Climateag Private Limited reported revenue of ₹44.82 Cr. Its focus areas include Environment Tech, Air Pollution Management Tech, Carbon Management and Carbon Offset Trading Platforms.
Company details
Varaha was founded in 2022 in Gurugram, India, within the sustainable agriculture and carbon removal sector. A technology-driven SaaS platform is operated to support regenerative agriculture, agroforestry, and biochar projects. High-quality carbon credits are generated through these initiatives, alongside improvements in soil health. Farmers are enabled by the platform to lower emissions, increase productivity, and obtain supplementary income via climate-smart methods.
- Headquarters Gurugram, India
- Employees 36
- Founders Ankita Garg, Vishal Kuchanur, Madhur Jain
- Stage Minicorn
- SectorsEnvironment
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website varaha.earth
- Social LinkedIn X Facebook
- Legal Name Varaha Climateag Private Limited
- Date of Incorporation 07 Feb, 2022
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹44.82 Cr
FY 2025 · +672% YoY
- Net Profit₹1.06 Cr
FY 2025 · 2% margin
- EBITDA₹1.44 Cr
FY 2025 · 3% margin
- Total Equity Funding$84.88M (USD)
in 6 rounds
- Latest Funding Round$19.98M (USD), Series B
Aug 2026
- InvestorsProdapt
& 19 more
- Employee Count36
Associated legal entities of Varaha
Varaha operates through Varaha Climateag Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Varaha Climateag Private Limited CIN U72900HR2022PTC124578 | Active | 07 Feb 2022 | Gurgaon, Haryana | ₹44.8 Cr | 36 | 3 | View details |
Funding Insights of Varaha
Varaha has successfully raised a total of $84.88M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $19.98 million completed in August 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $84.88M
- Total Rounds 6
- Last Round Series B — $19.98M
- First Round $4M
(May 2022)
- Investors Count 20
All 6 funding rounds of Varaha with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2026 | $19.98M | Series B | – | WestBridge Capital | |
| Feb 2026 | $2.2M | Series B | – | – | – |
| Feb 2026 | $20M | Series B | – | WestBridge Capital | |
| Nov 2025 | $30M | Series B | – | – | |
| Jan 2024 | $8.7M | Series A | $43.31M | RTP Global | |
| May 2022 | $4M | Seed | $16.41M | Orios Venture Partners |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2024 | $43.31M | •••••••• |
| May 2022 | $16.41M | •••••••• |
Last known valuation $43.31M (Jan 2024). 20 investors in total: 15 institutional and 5 angel.
Investors in Varaha
Varaha has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Prodapt, RTP Global and Orios Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on early-stage technology companies | 2011 | rtp.vc | New York, United States | |
Agritech startups are funded by Omnivore, a venture capital entity. | omnivore.vc | Mumbai, India | ||
Venture capital firm focused on early-stage investments | 2013 | oriosvp.com | Mumbai, India | |
Venture capital fund focused on ag-tech and food-tech sectors | agfunder.com | San Francisco, United States | ||
Impact investments are made in well-being focused startups. | octaveinvestment.com | Singapore, Singapore | ||
Early-stage companies are invested in by Better Capital. | bettercapital.vc | Santa Clara, United States | ||
Theia Ventures is focused on investing in decarbonization technology companies. | theia-ventures.com | |||
Venture capital funding is provided to innovative startups in India. | Mumbai, India | |||
Investments in equities, bonds, infrastructure, and impact projects are managed. | mirova.com | |||
| westbridgecap.com |
Investor details for Varaha
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Varaha Climateag Private Limited (Varaha)
Varaha Climateag Private Limited is the primary company behind Varaha. The board of Varaha Climateag Private Limited currently have 2 directors; the longest-serving is Ankita Garg, appointed in 2022. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankita Garg DIN 08556050 | Whole-time director | 07 Mar 2022 | 4 yrs 8 mo | Varaha Climateag Private Limited |
| Madhur Jain DIN 08117697 | Officer in default | 04 Nov 2025 | 1 yr | Varaha Climateag Private Limited |
People of Varaha
22 people are tracked at Varaha (9 in leadership, 13 in team); the tracked headcount is 36.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
Anil Kumar Jain | Director | Leadership |
Vishal Kuchanur | Co-Founder & CTO | Leadership |
| Co-Founder & CEO | Leadership | |
Rajni Jain | Director | Leadership |
PUTTASWAMY GOWDA M | Managing Director | Leadership |
Ikarus Janzen | Chief Commercial Officer | Leadership |
Kurt Tsuo | Chief Business Officer | Leadership |
Kaustubh Sharma | Senior Manager, Founder's Office | Leadership |
Amit Thakur | Senior Operations Manager | Team |
Ahsan Habib | Lead Operations-bangladesh | Team |
Ravish Mallya | SDE - Backend | Team |
Vrushali Adsul | Data Quality Assurance Manager | Team |
Abhishek Sharma | Manager - Partnerships And Strategic Alliances | Team |
Muskan Singh | Human Resources Associate | Team |
Kevin R Lawrence | Lead, Human Resources | Team |
Aravind S | Principal Engineer - Remote Sensing | Team |
Kunal Kumar | Senior Software Engineer | Team |
Reona Fernandes | Geospatial Data Scientist | Team |
Kaushal Bisht | Lead - Partnerships | Team |
2 more people are available in the full profile.
Complete people profiles for Varaha
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Varaha
Figures of Varaha Climateag Private Limited, the primary company behind Varaha, for FY 2025. Revenue was ₹44.82 Cr (+672% year on year). Net profit was ₹1.06 Cr (2% margin). EBITDA was ₹1.44 Cr (3% margin).
- ₹44.82 CrRevenue · FY 2025 · +672% YoY
- ₹1.06 CrNet profit · 2% margin
- ₹1.44 CrEBITDA · 3% margin
- ₹24.9 LakhPaid-up capital
- 36Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Varaha Climateag Private Limited are on its company page.
Detailed financial statements for Varaha
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Varaha
4 dated milestones of Varaha across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Varaha is founded.
- Funding First funding round of $4.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $20.0M.
Web traffic of Varaha
The website of Varaha (varaha.earth) receives about 37.3K visits a month and ranks #1,359,149 among all websites worldwide, #11,096 in Business Services.
- Monthly visits37.3K
▲ 79.9% vs previous month
- Unique visitors7.3K
per month
- Global rank#1,359,149
among all websites
- Category rank#11,096
Business and Consumer Services · Business Services
- Bounce rate47%
- Pages per visit2.1
- Average visit1 min 12 sec
- DevicesDesktop 23% · Mobile 77%
Websites whose visitors overlap most with Varaha. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
agtechnavigator.com | agtechnavigator.com | 100% | #722,446 | – |
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Related news about Varaha
Complete news archive for Varaha
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Frequently Asked Questions about Varaha
Varaha was founded in 2022.
Varaha is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Madhur Jain is the CEO of Varaha, as recorded in our data. They have also founded this company.
Varaha is a funded company, having raised a total of $84.88M across 6 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on May 2022.
Varaha has 36 employees.
The primary company behind Varaha, Varaha Climateag Private Limited, reported revenue of ₹44.82 Cr for FY 2025, up 672% year on year.
Varaha was founded in 2022 in Gurugram, India, within the sustainable agriculture and carbon removal sector. A technology-driven SaaS platform is operated to support regenerative agriculture, agroforestry, and biochar projects. High-quality carbon credits are generated through these initiatives, alongside improvements in soil health. Farmers are enabled by the platform to lower emissions, increase productivity, and obtain supplementary income via climate-smart methods.
Varaha has 20 investors. Key investors include Prodapt, RTP Global, Orios Venture Partners, Omnivore, and The Norinchukin Bank.
The valuation of Varaha is $43.31M as of Jan 2024.
Varaha operates through Varaha Climateag Private Limited.
The legal entities of Varaha currently have 2 directors, including Ankita Garg, Madhur Jain.