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Varaha

Food · Gurugram, India · Founded 2022

Varaha is a climate-tech company that has established itself as a key player in the carbon credit market, with a specific focus on serving developing economies. The company's business model revolves around generating high-quality carbon credits by partnering with smallholder farmers and implementing sustainable agricultural practices. Varaha's primary service is the generation and sale of carbon dioxide removal (CDR) credits, which it achieves through various methods such as regenerative agriculture, afforestation, and the production of biochar. The company has recently gained significant attention for its partnership with Google, to which it will sell 100,000 biochar carbon removal credits. This deal not only represents a significant revenue stream for Varaha but also validates its position as a credible and scalable player in the global carbon market. Varaha operates in the rapidly growing voluntary carbon market, where corporations and individuals purchase carbon credits to offset their greenhouse gas emissions. The company's clients are primarily large corporations seeking to achieve their sustainability goals and comply with environmental regulations. By focusing on projects in developing countries, Varaha is also able to contribute to the economic empowerment of smallholder farmers, creating a dual-impact business model that combines environmental sustainability with social responsibility. The company has also been a pioneer in the Indian market, being the first to issue CDR credits from industrial biochar under the Puro.Earth registry, further solidifying its reputation as a market leader. Keywords: carbon credits, regenerative agriculture, biochar, carbon removal, climate-tech, sustainable agriculture, carbon market, smallholder farmers, afforestation, Puro.Earth