Cygni Energy
Hyderabad-based lithium-ion battery pack and energy storage systems manufacturer. Originally built on IIT Madras-incubated solar inverter-less DC technology (2015-2020), it pivoted into EV battery packs for two- and three-wheelers from 2020 and later expanded into large-scale Battery Energy Storage Systems (BESS), operating a 4.8 GWh manufacturing gigafactory in Maheshwaram, Hyderabad.
Cygni Energy: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 1 Apr 2026 | Undisclosed | ₹60 Cr (~$6.4 Mn) | Meridian Global Ventures | source |
| 25 Aug 2022 | Series B | $12.5 Mn (₹100 Cr equity + debt) | Indian Overseas Bank Meridian Global Ventures | source |
| 23 Aug 2018 | Series A | $6.4 Mn (₹45 Cr equity + debt) | Endiya Partners IndusInd Bank | source |
Recent Signals
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30 Apr 2025 · growth-traction
Cygni Energy inaugurates Phase 1 of 4.8 GWh BESS gigafactory in Hyderabad, India's first LEED-qualified battery facility source
News on Cygni Energy
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Who founded Cygni Energy?
Cygni Energy was founded by Venkat Rajaraman in 2014.
How much funding has Cygni Energy raised?
Cygni Energy has raised $25.3 Mn across 3 tracked funding round(s), most recently on 2026-04-01. Figures are compiled from cited public sources.
Who are the investors in Cygni Energy?
Investors in Cygni Energy include Meridian Global Ventures, Indian Overseas Bank, Endiya Partners, IndusInd Bank.
What does Cygni Energy do?
Hyderabad-based lithium-ion battery pack and energy storage systems manufacturer. Originally built on IIT Madras-incubated solar inverter-less DC technology (2015-2020), it pivoted into EV battery packs for two- and three-wheelers from 2020 and later expanded into large-scale Battery Energy Storage Systems (BESS), operating a 4.8 GWh…
Where is Cygni Energy headquartered?
Cygni Energy is headquartered in Hyderabad, Telangana, India.
What is Cygni Energy's business model?
Cygni Energy's core value proposition centers on Unmatched Power. Unrivaled Performance., Made in India, for the world, 4.8 GWh gigafactory-scale manufacturing capacity.