Cygni, a leading technology-led energy storage company plans to utilize the capital to boost growth and set-up giga-factory in Telangana Hyderabad, Telangana, India (NewsVoir) 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 led by Meridian Global Ventures and the debt by Indian Overseas Bank, a leading Nationalised Bank in India. The company will use the funds to fuel product development, business growth, grow the engineering division to fast-track the product development cycle and set up a new greenfield manufa
Hence then, the article about cygni energy raises usd 12 5 mn to power growth and expansion was published today ( ) and is available onDevdiscourse ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Cygni Energy Raises USD 12.5 MN to Power Growth and Expansion )