Paris-based Mirova invests $30 million in Varaha’s regenerative agriculture project

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Mirova, an affiliate of French asset manager Natixis Investment Managers that specialises in climate and sustainability investments, has invested $30 million in climate-tech startup Varaha for its regenerative agriculture project in India. This is Mirova’s first carbon investment in the country.

The funding will support Varaha’s Kheti soil carbon project, which aims to help 337,000 smallholder farmers adopt regenerative practices across 675,000 hectares in Haryana and Punjab. Techniques such as direct seeding of rice, crop residue management and…



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Paris-based Mirova invests $30 million in Varaha’s regenerative agriculture project



Mirova, an affiliate of French asset manager Natixis Investment Managers that specialises in climate and sustainability investments, has invested $30 million in climate-tech startup Varaha for its regenerative agriculture project in India. This is Mirova’s first carbon investment in the country.

The funding will support Varaha’s Kheti soil carbon project, which aims to help 337,000 smallholder farmers adopt regenerative practices across 675,000 hectares in Haryana and Punjab. Techniques such as direct seeding of rice, crop residue management and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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