Gegadyne, incorporated in 2017, has developed and pioneered the science of Quick charging battery technology through a portfolio of international patents. The patent for Gegadyne’s battery technology is still pending, Mumbai Angels said in a press note. It plans to use this funding to bring capabilities for EV batteries up to 700 Mwh, from its current … The organization as of now holds numerous licenses and won the Energy Startup of the Year Award at the ninth Annual Entrepreneur Awards 2019. Information on valuation, funding, cap tables, investors, and executives for Gegadyne Energy. Gegadyne’s only previous funding round was in 2017, an angel round for an undisclosed amount led by Mumbai Angels, an angel investment network. Gegadyne Energy has 7 employees at their 1 location and $5 m in total funding,. Mumbai-based energy start-up Gegadyne Energy Labs Pvt. Gegadyne Energy is developing Proprietary Battery Technology that can charge batteries from 0-100% under 15 minutes. Gegadyne Energy raises undisclosed amount of investment from Mumbai Angels. Mumbai-based startup Gegadyne Energy has raised an undisclosed amount of funding from Mumbai Angels Network. Resources. Smart Grid & Energy Efficiency, corporate funding … 1 was here. The funds will be deployed towards building a research lab to advance the company's research. V-Guard Industries (V-Guard), India’s leading FMEG Company, today announced that its Board has approved the acquisition of a minority stake (18.77%) in Gegadyne Energy Labs Private Limited (GEL) for a cash consideration of Rs. Pricing. Mumbai-based EV battery startup Gegadyne Energy, … Resources. This investment will enable Gegadyne Energy to scale up its operations and further enhance research and development. The ‘emergency power socket’ enables customers to use their stored energy during black-outs. V-Guard Backs Energy Storage Startup Gegadyne. Mumbai-based Gegadyne Energy has announced that it has received Rs 33.4 crore Series A funding from South Indian company V-Guard. It claims to have developed ‘game-changing’ and eco-friendly alternatives to conventional lithium-ion batteries. Advanced. Founded in 2015, Gegadyne says its battery consists of proprietary nano-material composites and ‘advanced battery architectures’ that enable quick charging batteries with high energy density similar to lithium-ion batteries. The startup is based in Mumbai, India, and was founded in 2015. Gegadyne is … Summary Financials Technology Signals & News. Gegadyne claims its battery technology provides a similar energy density to lithium-ion with improved cycle life. Gegadyne Energy 1603. By Jesse Allen - 03 Feb, ... Over $800M in funding went to companies developing autonomous driving technology, from self-driving-focused AI chips to full vehicles and aftermarket solutions. Mumbai-based energy start-up Gegadyne Energy Labs Pvt. Products. January 21 (Renewables Now) - Indian electrical appliances manufacturer V-Guard Industries Ltd (BOM:532953) today said it will acquire an 18.77% stake in alternate battery technology start-up Gegadyne Energy Labs Private Limited (GEL) for INR 334 million (USD 4.6m/EUR 3.8m). Ltd has raised an undisclosed amount in a funding round which was led by Mumbai Angels Network (MAN). Gegadyne Energy. Gegadyne Energy is a Mumbai-based startup Electric Vehicle (EV) & Energy Storage company. Gegadyne’s batteries are developed from supercapacitors having an energy density similar to that of lithium-ion batteries. … GEL is a Mumbai based alternate battery technology start-up developing innovative energy storage (battery) solutions, … Gegadyne Energy is a Mumbai based beginning up that has been exploring substitute force stockpiling answers for the set up, yet imperfect Lithium-particle battery innovation. Gegadyne Energy is a Mumbai based start-up that has been researching alternate power storage solutions to the established, but flawed Lithium-ion battery technology. On a mission to enhance penetration of EVs across the country by making cheaper, lighter, and environment-friendly battery packs, the company currently boasts of double-digit overall growth. 2015 Follow us. It plans to use the funding to expand operations and set up a battery research lab. Log In. Gegadyne Energy, an Indian company spearheading battery revolution in the country is in the process of raising Series A funding. Gegadyne Energy has raised $5 m in total funding. Founded in 2015 by Jubin Varghese and Ameya Gadiwan, Gegadyne claims that it has developed ‘game-changing’ and eco-friendly alternatives to conventional lithium-ion batteries. Gegadyne Energy Labs, a provider of quick charging battery technology, has raised ₹334 million (~$4.5 million) from V-Guard Industries in a ‘Series A’ round of investments. Gegadyne competes with several Indian startups in the EV space, such as ION Energy and Pure EV, both of which are involved in the design and development of batteries for EVs. Gegadyne Energy, a Mumbai based start-up developing a more affordable and faster charging alternative to Lithium-ion batteries has received Rs 33.4 crore Series A funding from V-Guard. Energy startup Gegadyne Energy Labs Pvt. See insights on Gegadyne Energy including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Gegadyne is a firm with patent pending in battery technology. Country: India | Funding: $5M | link Gegadyne Energy is developing the world's fastest charging (supercapacitor based) batteries Mumbai-based electric vehicle and energy storage company Gegadyne has raised $5 Mn in strategic investment from electrical appliances giant V-Guard Industries Ltd., Kochi, India, Inc42.com reports. Country: UK | Funding: €4.7M Powervault has developed the UK’s most affordable and easiest to install home energy storage device, which can lower consumer electricity bills and provide emergency power to critical devices. tag: Gegadyne Energy. The latest funding will help the startup to expand its operations, research, and development. Try Pro free Solutions. Last week, battery startup Gegadyne Energy Labs Pvt. We are a New Era of Sustainable Mobility with a World-Class Performance Energy System which is Inevitably Electric and Seamlessly Connected. Organization. 33.4 crores. The patent for Gegadyne’s battery technology is still pending, Mumbai Angels Network said in a press note. Gegadyne Energy is developing Proprietary Battery Technology that can charge batteries from 0-100% under 15 minutes. Gegadyne… We are leading a New Era of Sustainable Mobility with a World-Class Performance Energy System which is … Suggest edits Founded. View Gegadyne Energy stock / share price, financials, funding rounds, investors and more at Craft. Mumbai-based EV battery startup Gegadyne Energy, on January 15, announced that it has raised $5 million (or about Rs 36 crore) in a Series A funding round led by Kochi-based electric appliances manufacturer V-Guard. Mumbai-based Gegadyne Energy has developed a technology, which allows a non-lithium based battery to charge from 0 to 100% in just 15 minutes. The company will use this funding to set up larger infrastructure. Gegadyne Energy receives Series A funding from V-Guard. January 20, 2021 by Monu Sagar Leave a Comment. Ltd has raised an undisclosed amount from Mumbai Angels Network to further develop its indigenously-built battery technology, besides running tests for commercial applications. Ltd received a strategic investment of $5 million (Rs 36.5 crore) from electrical appliances maker V-Guard Industries Ltd. Gegadyne claims it has energy-efficient and eco-friendly alternatives to … Attention to Hydro : Need to incentivise private sector participation Finance Gegadyne Energy Labs raises Rs 334 million through V-guard : Financings Union Cabinet approves Rs 52.81 billion investment for Ratle hydropower project in Jammu and Kashmir : Financings REC invites bids for services of owner’s engineers for ISTS-connected solar projects in Karnataka : Projects V-Guard is an electrical appliances manufacturer in India. Ltd has raised an undisclosed amount from Mumbai Angels Network to further develop its indigenously-built battery technology, besides running tests for commercial applications. Gegadyne Energy is working on a high-performance energy system that revolutionises energy density, and will be able to charge in seconds and ensure that the device works for hours. The Mumbai-based firm will continue developing its indigenously-built battery technology, at the same time, their testing for commercial products will continue. Gegadyne Energy believes that localised battery production is the only option to decrease the overall cost of the batteries," he emphasises. As per the press release by Mumbai Angels Network, the patent is not … Gegadyne Energy Labs, a provider of quick charging battery technology, has raised ₹334 million (~$4.5 million) from V-Guard Industries in a ‘Series A’ round of investments. Gegadyne Energy Transportation Vehicles Automotive Energy Electric Vehicles Embrace the Future with India's First Revolutionary #Power Source which is inevitably #Electric and Seamlessly Connected! Gegadyne Energy, a deep tech startup developing non-lithium based quick charging battery technology for the EV space and other battery dependent applications, has raised Series A funding of around USD 5 million from V-Guard Industries. A Mumbai-based startup Electric Vehicle (EV) & Energy Storage company. Who is Gegadyne? Connect to CRM . Use the PitchBook Platform to explore the full profile. मुंबई स्थित गेगाडिने एनर्जी ने घोषणा की है कि उसे दक्षिण भारतीय कंपनी वी-गार्ड से 33.4 करोड़ रुपये की सीरीज ए फंडिंग मिली है। Startup Funding: January 2021. The company is expected to close the round between USD 5-10 million before the end of 2018. Save. Search Crunchbase. Gegadyne claims similar power densities, and lower costs than Lithium-ion. Solutions to the established, but flawed lithium-ion battery technology is still pending, Mumbai Angels Network the... A press note developing its indigenously-built battery technology that can charge batteries from %. Develop its indigenously-built battery technology is still pending, Mumbai Angels said in a press note 1 location $... Further develop its indigenously-built battery technology through a portfolio of international patents overall cost of the batteries, '' emphasises! 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