Cygni, a leading technology-led energy storage company plans to utilize the capital to boost growth and set-up giga-factory in Telangana Hyderabad-based Cygni Energy Private Limited; a leading technology-led energy storage company announced that it has raised funds of USD $12.5 Million (Rs. 100 Crores) through a combination of Equity and Debt. The equity funding is […]
Cygni Energy Bags $12.5 million, Plans to set up EV battery manufacturing facility – EQ Mag Pro
The funding round was a combination of equity and debt, with Meridian Global Ventures leading the equity part, and Indian Overseas Bank the debt Cygni aims to grow its engineering division to fast-track the product development cycle and is also looking to set up a new greenfield manufacturing facility with 1.2 GWh annual capacity Cygni […]
Cygni Energy And Attero Tie-Up For Responsible Recycling of Lithium Battries
New Delhi: In-line with the vision that the essence of circular economy is to redefine the way we consider growth, Cygni Energy has now joined hands with Attero, a leader in responsible recycling, for their Lithium battery recycling. The recycling of EV and ESS batteries, helps in conservation of natural resources and prevent pollution. It […]
List of top 15 solar energy startups, helping India transition to sustainable energy sources
The world is quickly moving towards renewable energy as the pollution levels soar across the world and global warming threatens the planet’s ecosystem. Various measures have been taken by governments across the world to help the transition to clean and renewable sources of energy. Solar energy is invariably one of the most underutilised clean and […]