# Greenzo Energy Raises $13.7M for Electrolyser Push

> Greenzo Energy India secures $13.7M funding to scale green hydrogen production.
- Title: Greenzo Energy Raises $13.7M for Electrolyser Push · Dealroom
- Summary: Greenzo Energy India secures $13.7M funding to scale green hydrogen production. Greenzo Energy raised $13.7M in a round led by Ashish Kacholia, valuing the…
- Keywords: greenzo energy, ashish kacholia, hydrogen production, electrolyser, green hydrogen, india, funding round, startups, business, Greenzo, Energy, Raises
- Source: Dealroom — https://dealroom.co/news/163787-greenzo-energy-raises-13-7m-for-electrolyser-push-hits-108m-valuation
- Published: 2026-10-19T08:30:48+00:00
- Read time: 1 min
- Topics: greenzo energy, ashish kacholia, hydrogen production, electrolyser, green hydrogen, india, funding round, startups, business
## Funding Round Details
Greenzo Energy raised $17.7m in a round led by Ashish Kacholia, valuing the company at $139.9m post-money.
## Electrolyser Manufacturing Plan
Greenzo plans to deploy capital to expand indigenous electrolyser manufacturing and strengthen backward integration.
## Market Context and Challenges
India's National Green Hydrogen Mission targets 5 million tonnes of annual output by 2030, but Greenzo faces revenue gaps against its order book.
## Key takeaway

Greenzo Energy raised $13.7M in a round led by Ashish Kacholia, valuing the company at $139.9M post-money to expand electrolyser manufacturing in India.