Varaha Secures Project Investment from UK-Based Conductor Capital
10 Mar 2025
2 Min Read
CW Team
Varaha, a pioneering Indian company developing carbon removal projects across Asia, has secured a multimillion-dollar project investment from UK-based investment manager Conductor Capital. This strategic funding will enable Varaha to expand its portfolio of carbon projects, reaching a larger network of farmers and extending its impact across India, Nepal, and other regions.
With 14 technology-driven carbon initiatives implemented across India, Nepal, Bangladesh, and Kenya, Varaha focuses on regenerative agriculture, afforestation, biochar, and enhanced rock weathering. To date, the company has helped transition over 100,000 smallholder farmers to sustainable agricultural practices, removing more than two million tonnes of greenhouse gas emissions (CO?e) from the atmosphere. Notably, Varaha was the first project developer in India to issue carbon removal credits for biochar under the Puro.Earth registry.
A major milestone in Varaha鈥檚 journey came in January 2025, when the company sold 100,000 carbon dioxide removal (CDR) credits to Google, marking Google鈥檚 first-ever large-scale purchase of carbon removal credits in India.
About Varaha
Founded in 2022, Varaha is a nature-based carbon removal company dedicated to mitigating the 25% of global greenhouse gas emissions that stem from agriculture and food systems. Its projects not only focus on carbon removal but also improve farmer livelihoods, enhance climate resilience, and promote biodiversity. Varaha is backed by leading investors, including RTP Global, Omnivore, AgFunder, Norinchukin Bank, IMC Ventures, Orios, Theia Ventures, and Better Capital.
About Conductor Capital
Established in 2022, Conductor Capital is an investment manager actively engaged in global commodity markets crucial to the energy transition. The firm invests in projects that deliver significant climate impact, leveraging both technology-based and nature-based solutions. Beyond environmental sustainability, Conductor Capital is committed to fostering social benefits and economic development in vulnerable communities worldwide.
This investment strengthens Varaha鈥檚 position as a leader in carbon removal, further accelerating its mission to combat climate change while enhancing sustainable agricultural practices across key regions.
Varaha, a pioneering Indian company developing carbon removal projects across Asia, has secured a multimillion-dollar project investment from UK-based investment manager Conductor Capital. This strategic funding will enable Varaha to expand its portfolio of carbon projects, reaching a larger network of farmers and extending its impact across India, Nepal, and other regions.
With 14 technology-driven carbon initiatives implemented across India, Nepal, Bangladesh, and Kenya, Varaha focuses on regenerative agriculture, afforestation, biochar, and enhanced rock weathering. To date, the company has helped transition over 100,000 smallholder farmers to sustainable agricultural practices, removing more than two million tonnes of greenhouse gas emissions (CO?e) from the atmosphere. Notably, Varaha was the first project developer in India to issue carbon removal credits for biochar under the Puro.Earth registry.
A major milestone in Varaha鈥檚 journey came in January 2025, when the company sold 100,000 carbon dioxide removal (CDR) credits to Google, marking Google鈥檚 first-ever large-scale purchase of carbon removal credits in India.
About Varaha
Founded in 2022, Varaha is a nature-based carbon removal company dedicated to mitigating the 25% of global greenhouse gas emissions that stem from agriculture and food systems. Its projects not only focus on carbon removal but also improve farmer livelihoods, enhance climate resilience, and promote biodiversity. Varaha is backed by leading investors, including RTP Global, Omnivore, AgFunder, Norinchukin Bank, IMC Ventures, Orios, Theia Ventures, and Better Capital.
About Conductor Capital
Established in 2022, Conductor Capital is an investment manager actively engaged in global commodity markets crucial to the energy transition. The firm invests in projects that deliver significant climate impact, leveraging both technology-based and nature-based solutions. Beyond environmental sustainability, Conductor Capital is committed to fostering social benefits and economic development in vulnerable communities worldwide.
This investment strengthens Varaha鈥檚 position as a leader in carbon removal, further accelerating its mission to combat climate change while enhancing sustainable agricultural practices across key regions.
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