Green hydrogen startups are starting to attract serious investors in India.

Newtrace has raised $6.3M (~₹56 Cr) in a funding round led by Peak XV Partners , HDFC securities and other investors.

Founded Prasanta Sarkar, Rochan Sinha the startup is building electrolyser technology to produce affordable green hydrogen.

The funds will be used to scale manufacturing and expand deployment of hydrogen electrolyser systems.

• Focused on reducing the cost of green hydrogen production
• Targeting industries like steel, energy, and chemicals

Green hydrogen could become a key pillar in India's clean-energy transition.

Can green hydrogen startups become the next big deep-tech opportunity in India?