Cygni Energy is a market leader in energy storage technology, specializing in the EV and Telecom sectors. Their product portfolio includes cutting-edge Li-ion batteries and battery chargers for 2W and 3W electric vehicles, as well as advanced energy storage solutions for Telecom and other industries. Headquartered in Hyderabad, India, and incubated at IIT Madras, Cygni Energy continues to drive innovation in energy storage, solidifying its position as a frontrunner in the field.
January 30, 2020
Solar energy startup Cygni eyeing Myanmar, Bangladesh export markets
Solar energy startup Cygni, an Indian Institute of Technology, Madras incubated company, is looking to break into the lucrative export markets in Myanmar and Bangladesh. The company, which manufactures solar power backup and DC (direct current) micro-grid solutions, apart from a battery for electric vehicles at its Hyderabad plant, is planning to explore the offshore markets from the next 2020-21 financial year, Cygni Energy CEO Venkat Rajaraman told Business Standard here on Wednesday.
August 21, 2018
Endiya Partners makes Series A investment in solar power solutions firm Cygni
Cygni Energy has raised Rs 45 crore ($6.4 million) from Endiya Partners and private-sector lender IndusInd Bank. The fresh capital, a mix of equity and debt, will be used to expand capacity, strengthen research and development, and increase market reach.