India’s Varaha bags $20M to scale carbon removal from the Global South - TechCrunch

India’s Varaha has secured $20 million in funding to enhance its carbon removal initiatives in the Global South. This funding is part of a larger $45 million Series B round, which is led by WestBridge Capital. The investment aims to support Varaha's efforts in scaling carbon removal technologies and solutions, which are increasingly critical in addressing climate change challenges. Varaha focuses on developing innovative methods for carbon capture and removal, targeting regions in the Global South where such technologies can have a significant impact. The company’s mission aligns with global sustainability goals, emphasizing the importance of reducing carbon emissions and promoting environmental health. The funding will enable Varaha to expand its operations and implement its carbon removal strategies more effectively. The Series B funding round reflects growing investor interest in climate technology and sustainable solutions. By securing this investment, Varaha is positioned to play a pivotal role in the carbon removal sector, particularly in developing economies. The backing from WestBridge Capital underscores confidence in Varaha's business model and its potential to contribute to global carbon reduction efforts. Overall, the successful funding round marks a significant milestone for Varaha as it seeks to scale its operations and enhance its impact on carbon removal in the Global South.