The 12 closest competitors and alternatives to Varaha among climate tech companies — ranked by similarity to what Varaha actually does, not by market-cap band.
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Varaha is a climate technology and environmental services company headquartered in Gurugram, Haryana, India. The company helps smallholder farmers earn carbon credits through the implementation of regenerative agriculture, biochar production, and other nature-based environmental solutions.
Varaha is a climate tech company headquartered in India. It has raised at least $49M across the 3 funding rounds on record, 2 of them with a disclosed amount. Its most recent funding round, Series B, raised $45M in February 2026. Xcout tracks 1 named person at Varaha, including Madhur Jain (CEO and Co-Founder).
At least $49M raised across the 3 rounds on record (2 with a disclosed amount). Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series B | $45M | 3 named | |
| Series A | Undisclosed | 1 named | |
| — | $4M | 4 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to Varaha by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Similar climate tech company
Alt Carbon is a carbon dioxide removal (CDR) company based in India that accelerates carbon removal by applying proprietary organic and silicate amendments called Hari Mati to agricultural lands.
Similar climate tech company
Veritree Technology Inc. is a tree planting and environmental services company headquartered in Vancouver, British Columbia, Canada. It helps businesses meet sustainability and climate goals through verified reforestation and ecosystem restoration.
Similar climate tech company
Biochar Industrial Group (BIG) is incorporated in the United States and provides biochar as a service to agricultural processing facilities. The company finances, installs, and operates equipment on agricultural sites to process and convert waste into useful biochar.
Similar climate tech company
Carbonfuture is an environmental services company headquartered in Freiburg, Germany, that delivers verified high-quality carbon removal credits and trust infrastructure to help organizations achieve net-zero goals.
ClimateTech
Cotierra develops decentralized biochar systems designed to support climate and agricultural initiatives. Founded in 2022, the Zurich-headquartered company operates internationally with additional presence in locations like Colombia.
Similar climate tech company
InPlanet is a climate tech company that pioneers Enhanced Rock Weathering (ERW) for permanent carbon removal and sustainable agriculture. Headquartered in Munich, Germany, the company has 11-50 employees and is actively leading carbon removal initiatives in tropical regions.
Similar climate tech company
goodcarbon is a Berlin-based climate technology company that helps businesses invest in high-quality, nature-based carbon projects and carbon removal. It provides a platform for evaluating, sourcing, and managing climate-impact portfolios, serving companies seeking credible carbon and biodiversity investments.
Cleantech
Riverse is a Paris-based climate tech startup founded in 2021 that develops a platform for certifying and issuing carbon credits. The company focuses on accelerating industrial decarbonization technologies and supporting projects such as second-life batteries in Europe.
Similar climate tech company
CarbonEthics is a tech-enabled natural climate solutions and ecosystem restoration developer headquartered in Jakarta, Indonesia. The company specializes in blue carbon project development to help organizations decarbonize and improve local livelihoods.
ClimateTech
Climeworks provides direct air capture technology and end-to-end carbon removal services. The company serves enterprise clients by designing and managing tailored carbon removal portfolios that combine engineered and nature-based solutions.
Similar climate tech company
Phlair develops and operates Direct Air Capture (DAC) technology designed to remove carbon dioxide from the atmosphere using an energy-efficient electrochemical process compatible with intermittent renewable energy. The company serves enterprise customers seeking verified carbon removal credits as well as project developers looking to deploy DAC and carbon storage systems.
Cleantech / Carbon Removal
Neustark provides carbon dioxide removal (CDR) and permanent storage solutions by utilizing mineralization technology to bind captured CO2 into mineral waste such as demolition materials, slag, and ashes. The company partners with biogas plants to source carbon emissions and works with construction and recycling businesses to store the CO2, ultimately selling verified CDR credits to organizations pursuing net-zero climate targets.
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