About Hygenco
Hygenco is a company based in Gurugram (India) founded in 2020 by Amit Bansal, Aashish Gupta, and Anshul Gupta. Hygenco has raised $130.4 million across 3 funding rounds from investors including Neev Fund, Trifecta Capital and International Finance Corporation. Hygenco operates in a competitive market with competitors including Nel Hydrogen, Orsted, Lhyfe, Sunfire and H3 Dynamics, among others.
- Headquarter Gurugram, India
- Founders Amit Bansal, Aashish Gupta, Anshul Gupta
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Sectors
Energy & Utilities
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Email
Locked
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$130.4 M (USD)
in 3 rounds
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Latest Funding Round
$105 M (USD), Series C
Jun 08, 2026
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Investors
Neev Fund
& 4 more
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Employee Count
Not available
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People of Hygenco
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Funding Insights of Hygenco
Hygenco has successfully raised a total of $130.4M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $105 million completed in June 2026. 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 Hygenco
Hygenco has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Neev Fund, Trifecta Capital and International Finance Corporation.
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Private debt and equity funds are managed for technology sectors.
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Private equity fund focused on multiple sectors
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Investor details for Hygenco
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Investments & Acquisitions by Hygenco
Investment portfolio details for Hygenco
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Financial Statements - Hygenco
Detailed financials for Hygenco
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Hygenco Comparisons
Peer comparison for Hygenco
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Competitors of Hygenco
Hygenco 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 Nel Hydrogen, Orsted, Lhyfe, Sunfire and H3 Dynamics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of hydrogen production and storage solutions
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Power generation via bioenergy, thermal, and wind sources is offered.
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Producer and supplier of green hydrogen
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Pressurized alkaline and solid oxide electrolysis products are manufactured.
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Aerial inspection services are delivered using automated drones.
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Solutions for hydrogen generation via electrolysis are provided.
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Detailed competitors of Hygenco
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Latest news on Hygenco
Complete news archive for Hygenco
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Frequently Asked Questions about Hygenco
Hygenco was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Hygenco is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Amit Bansal is the current CEO of Hygenco. They have also founded this company.
Hygenco is a funded company, having raised a total of $130.4M across 3 funding rounds to date.
Provider of green hydrogen and green ammonia production and distribution solutions. It focuses on developing commercially viable production and distribution assets. The company designs, builds, finances, owns, and operates green hydrogen plants, offering a gas-as-a-service model. It serves industries including iron and steel, fertilizers, oil refineries, chemicals, glass, food, and pharmaceuticals. The company also caters to petroleum and gas blending, mobility and transport, and power grids, providing solutions for blending, distributed generation, and energy storage.
Hygenco's top competitors include Lhyfe, Nel Hydrogen and Orsted.
Hygenco has 5 investors. Key investors include Neev Fund, Trifecta Capital, International Finance Corporation, Siemens, and Fullerton Carbon Action Fund.