Startup Atlas · Clean Energy

Newtrace

Newtrace Private Limited Bengaluru, Karnataka Founded 2021 newtrace.io ↗
Prasanta Sarkar · CEO & Co-founder Rochan Sinha · CTO & Co-founder
$12.95 MnTotal funding (tracked)
3Funding rounds
10 Mar 2026Last round
40Team size (sourced)

Newtrace: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Over 60% lower green hydrogen production cost

Core cost-reduction claim for Newtrace's electrolyzer/electrode technology.

source
Drop-in retrofit for existing alkaline electrolyser stacks

VoltaGen electrode is designed as a direct swap-in for existing alkaline electrolyser systems, avoiding a full system redesign.

source
Lower specific energy consumption

VoltaGen reduces the electricity needed per kg of hydrogen produced.

source

Customer Segments

Electrolyzer OEMs, green hydrogen developers & industrial gas companies

Newtrace's electrode technology targets manufacturers and operators of alkaline water electrolysers.

source
Bharat Petroleum Corporation Ltd. (BPCL)

PSU refiner running pilot deployments of Newtrace's electrolyzer technology.

source
Oil & Natural Gas Corporation Ltd. (ONGC)

PSU upstream operator listed as a deployment partner for Newtrace's membrane-less electrolyzer technology, in the same DEPLOYMENTS section as BPCL on Newtrace's site.

source

Customer Relationships

No cited public information yet.

Channels

No cited public information yet.

Key Activities

No cited public information yet.

Key Resources

Proprietary, patent-pending electrolyzer technology

Core IP underpinning Newtrace's ultrapure hydrogen, lower-cost electrolyzer design.

source

Key Partnerships

Bharat Petroleum Corporation Ltd. (BPCL)

Pilot deployment partner for Newtrace's electrolyzer technology, achieving high hydrogen purity in refinery conditions.

source
Oil & Natural Gas Corporation Ltd. (ONGC)

PSU upstream deployment partner for Newtrace's membrane-less electrolyzer technology, listed in the same DEPLOYMENTS section as BPCL on Newtrace's site.

source

Revenue Streams

No cited public information yet.

Cost Structure

No cited public information yet.

FAQs on Newtrace

What is Newtrace's business model?

Newtrace's core value proposition centers on Over 60% lower green hydrogen production cost, Drop-in retrofit for existing alkaline electrolyser stacks, Lower specific energy consumption.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: techgraph.co www.newtrace.io · Last verified 7 Sep 2026. · Report a correction