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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.

Sector

DeepTech

Milestones

  • Partnered in 2018
  • Acquired in 2022

Founders

Venkat Rajaraman
Venkat Rajaraman

Investment Team

Sateesh Andra
Sateesh Andra
In the News
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DeepTech

Business Standard

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.

Solar energy startup Cygni eyeing Myanmar, Bangladesh export markets
DeepTech

VCCircle

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.

Endiya Partners makes Series A investment in solar power solutions firm Cygni