H2E Power

Pune, India Founded: 2011 • Age: 15 yrs
Provider of energy storage solutions
Annual revenue $846,433 Latest available
Total funding $200,000 2 rounds
Employees 23 Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About H2E Power

H2E Power is a company based in Pune (India) founded in 2011 by Bhavana Mayur, Amarnath Chakradeo, Suresh Sharma, and Siddharth R Mayur. H2E Power has raised $200 thousand across 2 funding rounds from investors including SINE, Bhavana Mayur and Siddharth R Mayur. The company has 23 employees as of January 31, 2025. H2E Power offers products and services including H2e Power Box, SOFC, SOEC, and Waste to Hydrogen. H2E Power operates in a competitive market with competitors including Plug Power, FuelCell Energy, Bloom Energy, Intelligent Energy and Blue World Technologies, among others.

  • Headquarter Pune, India
  • Employees 23 as on 31 Jan, 2025
  • Founders Bhavana Mayur, Amarnath Chakradeo, Suresh Sharma, Siddharth R Mayur
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name H2e Power Systems Inc.
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $846.43 K (USD)
    327
    as on Mar 31, 2022
  • Net Profit
    -$5.23 K (USD)
    -266
    as on Mar 31, 2022
  • EBITDA
    $86.98 K (USD)
    187
    as on Mar 31, 2022
  • Total Equity Funding
    $200 K (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
    SINE

    & 2 more

  • Employee Count
    23

    as on Jan 31, 2025

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Products & Services of H2E Power

H2E Power offers a comprehensive portfolio of products and services, including H2e Power Box, SOFC, SOEC, and Waste to Hydrogen.

Product name locked
Category locked
Primary

Hybrid system for green energy generation and storage.

Product name locked
Category locked
Locked

Converts fuel to electricity using solid oxide components.

Product name locked
Category locked
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Produces hydrogen through reversible fuel cell processes.

Product name locked
Category locked
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Converts waste into hydrogen for clean energy applications.

People of H2E Power

Headcount 1-10
Employee Profiles 4
Employee Profiles
People
Bhavana Mayur
Co-Founder & CHRO
People
Amarnath Chakradeo
Co-Founder & CTO
People
Siddharth R. Mayur
Founder President & CEO

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Funding Insights of H2E Power

H2E Power has successfully raised a total of $200K across 2 strategic funding rounds. 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.

Investors in H2E Power

H2E Power has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include SINE, Bhavana Mayur and Siddharth R Mayur.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay.
Locked Locked Locked

Bhavana Mayur

Angel investor focusing on early-stage Indian startups in tech and consumer sectors.
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Siddharth R Mayur

Founder of HBits, real estate fintech expert, active angel investor
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Investor details for H2E Power

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Investments & Acquisitions by H2E Power

Investments
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Investment portfolio details for H2E Power

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Financial Statements - H2E Power

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Detailed financials for H2E Power

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H2e Power Comparisons

H2E Power Primary company
Description
Provider of energy storage solutions
Location
Pune, India
Founded Year
2011
Annual Revenue
$846.43 K (USD)
Net Profit
-$5.23 K (USD)
EBITDA
$86.98 K (USD)
Employees
23
As of 2025
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Peer comparison for H2E Power

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Competitors of H2E Power

H2E Power operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Plug Power, FuelCell Energy, Bloom Energy, Intelligent Energy and Blue World Technologies, among others.

Company Name Domain Founded year HQ Location Description
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Hydrogen-based fuel cells are manufactured for power applications.
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Online platform offering fuel cell-based solutions
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Provider of solid oxide fuel cell technology
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PEM fuel cell and CHP power systems developer
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Methanol-based fuel cells are developed using high-temperature PEM technology.
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Low-temperature solid oxide fuel cells are produced for CHP systems.
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Detailed competitors of H2E Power

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Latest news on H2e Power

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Complete news archive for H2E Power

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Frequently Asked Questions about H2E Power

H2E Power was founded in 2011 and raised its 1st funding round 4 years after it was founded.

H2E Power is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Siddharth R Mayur is the current CEO of H2E Power. They have also founded this company.

H2E Power is a funded company, having raised a total of $200K across 2 funding rounds to date.

As of Jan 31, 2025, the latest employee count at H2E Power is 23.

Annual revenue of H2E Power is $846.43K as on Mar 31, 2022.

H2E Power was founded in 2011 and is based in Pune, India. Operations focus on the energy storage sector, where hydrogen and fuel cell solutions are developed and offered to support sustainable energy applications. Services include the provision of cutting-edge technologies for storage and power generation, with activities centered in the clean energy domain. Key personnel consist of co-founders handling executive roles in technology, business development, and human resources.

H2E Power's top competitors include Bloom Energy, Plug Power and Intelligent Energy.

H2E Power offers H2e Power Box, SOFC, SOEC, and Waste to Hydrogen.

H2E Power has 3 investors. Key investors include SINE, Bhavana Mayur, and Siddharth R Mayur.

The valuation of H2E Power is $248.78K as of Jun 2018.

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