India’s Varaha Bags $20M To Scale Carbon Removal From The Global South

Carbon removal leader Varaha secures $20M to accelerate low-cost, verified CO2 removal across Asia and Africa for global buyers.
Matilda
India’s Varaha Bags $20M To Scale Carbon Removal From The Global South
Carbon Removal Startup Varaha Raises $20M to Scale Global South Projects India-based climate tech startup Varaha has secured $20 million in Series B funding to dramatically expand carbon removal operations across the Global South. The fresh capital, led by WestBridge Capital, positions the four-year-old company to deliver verified CO2 removal credits at significantly lower costs than Western competitors—just as corporate demand surges from energy-intensive industries like AI and cloud computing. Varaha now operates 14 active projects removing over 2 million tons of carbon dioxide through methods including regenerative agriculture, biochar, and enhanced rock weathering. Credit: Varaha Why the Global South Is Becoming Carbon Removal's New Frontier For years, carbon removal development concentrated in North America and Europe, where high labor costs and complex land regulations drove credit prices upward. But a strategic shift is underway. Countries across Asia and Africa offer compellin…