Private Equity PE Fund Investments
Neev Fund invests $25-M in green hydrogen co Hygenco
Source PTI (opens in a new tab)
Haryana-based green hydrogen company Hygenco has received GBP 22 million (USD 25 million) from SBICAP Ventures managed Neev II Fund.
Hygenco will build-own-operate multiple green hydrogen facilities across the country. Co-founded and led by its CEO Amit Bansal, the company aims to deploy green hydrogen projects across India in the next three years. The new investment will help Hygenco for commercialising the early pipeline.