About H2 Carbon Zero
H2 Carbon Zero is an Energy & Utilities company based in Delhi (India) founded in 2019 by Santosh K Gurunath. It manufactures high-quality hydroelectric power equipment for sustainable energy solutions. It operates on a B2B model. H2 Carbon Zero has raised $850 thousand across 1 funding round from investors including Venture Catalysts and Faad Capital. The company has 1 employees. Its chief executive, as recorded, is Santosh K Gurunath. Its Indian entity Umagine Hydrogen Private Limited reported revenue of ₹43.3 Lakh. Its focus areas include Energy, Renewable Energy, Hydro Power and Equipment Manufacturing.
Company details
H2 Carbon Zero manufactures high-quality hydroelectric power equipment for sustainable energy solutions, focusing on working in the energy sector, promoting renewable energy, hydro power, and equipment manufacturing. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Delhi, India
- Employees 1
- Founders Santosh K Gurunath
- SectorsEnergy & Utilities
- Website h2c0.com
- Social X Facebook
- Legal Name Umagine Hydrogen Private Limited
- Date of Incorporation 07 Jun, 2022
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹43.3 Lakh
FY 2025 · -18% YoY
- Net Loss-₹5.4 Lakh
FY 2025 · -12% margin
- EBITDA-₹4.5 Lakh
FY 2025 · -10% margin
- Total Equity Funding$850K (USD)
in 1 rounds
- Latest Funding Round$850K (USD), Seed
Oct 2025
- InvestorsVenture Catalysts
& 1 more
- Employee Count1
Associated legal entities of H2 Carbon Zero
H2 Carbon Zero is associated with 2 registered companies on The Company Check; the primary company is Umagine Hydrogen Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Umagine Hydrogen Private Limited CIN U74999UP2022PTC234974 | Active | 07 Jun 2022 | Noida, Uttar Pradesh | ₹0.4 Cr | 3 | View details | |
| Umagine Hydrogen Private Limited CIN U74999GJ2022PTC132691 | 07 Jun 2022 | Ahmedabad, Gujarat, India | View details |
Funding Insights of H2 Carbon Zero
H2 Carbon Zero has successfully raised a total of $850K through 1 strategic funding round. The most recent funding activity was a Seed round of $850 thousand completed in October 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $850,000
- Total Rounds 1
- Last Round Seed — $850,000
- First Round $850,000
(Oct 2025)
- Investors Count 2
All 1 funding rounds of H2 Carbon Zero with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2025 | $850,000 | Seed | – | Venture Catalysts |
2 investors in total: 2 institutional.
Investors in H2 Carbon Zero
H2 Carbon Zero has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Venture Catalysts and Faad Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Angel network focused on early-stage investments | 2015 | faad.in | Delhi, India |
Investor details for H2 Carbon Zero
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Umagine Hydrogen Private Limited (H2 Carbon Zero)
Umagine Hydrogen Private Limited is the primary company behind H2 Carbon Zero. The board of Umagine Hydrogen Private Limited currently have 3 directors; the longest-serving is Kushan Chakraborty, appointed in 2022. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kushan Chakraborty DIN 08639895 | Director | 07 Jun 2022 | 4 yrs 5 mo | Umagine Hydrogen Private Limited |
| Santosh Kumar Gurunath DIN 08639893 | Director | 26 Jun 2022 | 4 yrs 4 mo | Umagine Hydrogen Private Limited |
| Laxmikant Banjarey DIN 06673379 | Director | 28 Aug 2023 | 3 yrs 2 mo | Umagine Hydrogen Private Limited |
People of H2 Carbon Zero
1 people are tracked at H2 Carbon Zero (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership |
Complete people profiles for H2 Carbon Zero
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of H2 Carbon Zero
Figures of Umagine Hydrogen Private Limited, the primary company behind H2 Carbon Zero, for FY 2025. Revenue was ₹43.3 Lakh (-18% year on year). Net loss was -₹5.4 Lakh (-12% margin). EBITDA was -₹4.5 Lakh (-10% margin).
- ₹43.3 LakhRevenue · FY 2025 · -18% YoY
- -₹5.4 LakhNet loss · -12% margin
- -₹4.5 LakhEBITDA · -10% margin
- ₹1.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Umagine Hydrogen Private Limited are on its company page.
Detailed financial statements for H2 Carbon Zero
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of H2 Carbon Zero
2 dated milestones of H2 Carbon Zero across 6 years, from founding to its latest funding, stage changes and deals.
- Founded H2 Carbon Zero is founded.
- Funding First funding round of $850K.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as H2 Carbon Zero (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about H2 Carbon Zero
H2 Carbon Zero was founded in 2019 and raised its 1st funding round 6 years after it was founded.
H2 Carbon Zero is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Santosh K Gurunath is the CEO of H2 Carbon Zero, as recorded in our data. They have also founded this company.
H2 Carbon Zero is a funded company, having raised a total of $850K across 1 funding round to date. The company's 1st funding round was a Seed of $850K, raised on Oct 2025.
H2 Carbon Zero has 1 employees.
The primary company behind H2 Carbon Zero, Umagine Hydrogen Private Limited, reported revenue of ₹43.3 Lakh for FY 2025, down 18% year on year.
H2 Carbon Zero manufactures high-quality hydroelectric power equipment for sustainable energy solutions, focusing on working in the energy sector, promoting renewable energy, hydro power, and equipment manufacturing. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
H2 Carbon Zero has 2 investors. Key investors include Venture Catalysts, and Faad Capital.
H2 Carbon Zero operates through Umagine Hydrogen Private Limited.
The legal entities of H2 Carbon Zero currently have 3 directors, including Laxmikant Banjarey, Santosh Kumar Gurunath, Kushan Chakraborty.