ReferIndia News Nekkar Power secures ₹75 crore from Syndicate Finance for hydrogen fuel cell development

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Nekkar Power secures ₹75 crore from Syndicate Finance for hydrogen fuel cell development

Published on: April 9, 2026, 12:37 p.m. | Source: The Economic Times

Syndicate Finance has led a ₹75 crore second-round funding in Nekkar Power Pvt Ltd, a Hyderabad-based startup focused on hydrogen fuel cell technology. This investment brings Nekkar Power's total capital raised to ₹125 crore, earmarked for R&D, manufacturing, and talent acquisition. The funding aims to transition the company's flagship project from pilot to industrial scale.

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