A major climate-focused fund just dropped $30.5 million into India's regenerative agriculture space. Mirova, the sustainable investment arm backed by luxury conglomerate shareholders, led this hefty round for Varaha—a platform tackling carbon credits through farm-level solutions.

What's the angle here? Varaha connects smallholder farmers with regenerative practices that sequester carbon, turning dirt into data. The startup measures soil health, verifies environmental impact, and monetizes it through carbon markets. For farmers, it's extra income. For investors? A bet on climate tech meeting Web3 infrastructure where transparency matters.

This deal signals growing institutional appetite for projects bridging traditional industries with blockchain-verified sustainability metrics. As regulatory pressure mounts globally on carbon accounting, platforms like Varaha could become critical middleware. The Indian market presents massive scale—millions of small farms, fragmented data, and untapped carbon potential. Whether this model scales profitably remains the big question, but the capital vote is clear.