NEKKAR Power Pvt. Ltd Secures ₹75 Crore in round 2 Infusion from Syndicate Finance for Hydrogen Fuel Cell Development
NEKKAR Power Pvt. Ltd has secured ₹75 crore in funding from Syndicate Finance to advance its hydrogen fuel cell technology. This investment brings the startup's total capital to ₹125 crore, supporting its expansion in Andhra Pradesh.
Why it matters
This funding represents a significant step for India's green energy sector and the development of zero-emission heavy-duty transport solutions.
Hyderabad – In a significant move for India’s green energy landscape, Mumbai-based Syndicate Finance has reportedly spearheaded a ₹75 crore Round 2 funding for NEKKAR Power Pvt Ltd, an emerging startup headquartered in Hyderabad and a plant set up in Andhra Pradesh.
The article provides a factual report on business funding and industry growth without ideological framing.
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