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Transaction

Varaha - seed

Terms

Announced
10 Dec 2022
Instrument
Equity
Amount
US$4.00m

Parties

Project developer
Varaha
Recipient type
Technology company
Country
India
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
Orios Venture PartnersInvestorUS$1.00mEstimated: an even share, 1 of 4
OmnivoreInvestorUS$1.00mEstimated: an even share, 1 of 4
RTP GlobalInvestorUS$1.00mEstimated: an even share, 1 of 4
Better CapitalInvestorUS$1.00mEstimated: an even share, 1 of 4

Carbon

Pathway
Soil carbon / regenerative agriculture

What happened

Orios Venture Partners and Omnivore co-led. Unnamed angels also participated. The Series A investors, including Norinchukin Bank and Octave Wellbeing Economy Fund, belong to the 2024 round.

Kumo note

Varaha’s seed was led jointly by two Indian funds, with the international lead arriving only at the Series A fourteen months later.

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