Nekkar Power Pvt. Ltd, headquartered in Hyderabad, has successfully secured ₹75 crore (approximately $9 million USD) in a second round of funding led by Syndicate Finance, based in Mumbai. This investment is pivotal for the startup as it aims to enhance its hydrogen fuel cell technology, bringing its total capital raised to ₹125 crore. The funding will be allocated towards research and development, establishing a specialized manufacturing facility in Andhra Pradesh, and expanding the engineering team to meet the demands of hydrogen storage and power conversion. The move underscores Andhra Pradesh's growing reputation as a favorable location for renewable energy startups, bolstered by supportive state policies and proximity to industrial ports. As India advances its National Green Hydrogen Mission, the collaboration between Nekkar Power and Syndicate Finance may signal a promising future for the hydrogen fuel sector, particularly in heavy-duty transport and stationary power markets.