About Varaha
Varaha is a company based in Gurugram (India) founded in 2022 by Ankita Garg, Vishal Kuchanur, and Madhur Jain. Varaha has raised $64.9 million across 5 funding rounds from investors including Prodapt, RTP Global and Orios Venture Partners. The company has 36 employees as of October 26, 2024. Varaha operates in a competitive market with competitors including Good Carbon, Invert, Klimate, CEEZER and NCX, among others.
- Headquarter Gurugram, India
- Employees 36 as on 26 Oct, 2024
- Founders Ankita Garg, Vishal Kuchanur, Madhur Jain
- Stage Minicorn
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Sectors
Environment
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Varaha Climateag Private Limited
- Date of Incorporation 07 Feb, 2022
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$63.14 K (USD)0as on Mar 31, 2023
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Net Profit
-$441.61 K (USD)0as on Mar 31, 2023
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EBITDA
-$608.67 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$64.9 M (USD)
in 5 rounds
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Latest Funding Round
$2.2 M (USD), Series B
Feb 25, 2026
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Investors
Prodapt
& 19 more
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Employee Count
36
as on Oct 26, 2024
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People of Varaha
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Funding Insights of Varaha
Varaha has successfully raised a total of $64.9M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $2.2 million completed in February 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.
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 |
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Venture capital firm focused on early-stage technology companies
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Agritech startups are funded by Omnivore, a venture capital entity.
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Venture capital firm focused on early-stage investments
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Investor details for Varaha
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Investments & Acquisitions by Varaha
Investment portfolio details for Varaha
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Financial Statements - Varaha
Detailed financials for Varaha
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Varaha Comparisons
Peer comparison for Varaha
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Competitors of Varaha
Varaha operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Good Carbon, Invert, Klimate, CEEZER and NCX, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Digital platform for investing in nature-based carbon projects is offered.
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Invert is engaged in carbon reduction and removal solutions.
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Carbon footprints are calculated and offset through capture technologies.
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Carbon footprint solutions are provided via an online platform.
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Carbon offsets are facilitated via a data-driven forest marketplace.
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Detailed competitors of Varaha
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Latest news on 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 current CEO of Varaha. They have also founded this company.
Varaha is a funded company, having raised a total of $64.9M across 5 funding rounds to date.
As of Oct 26, 2024, the latest employee count at Varaha is 36.
Annual revenue of Varaha is $63.14K as on Mar 31, 2023.
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.