Battery Company Gegadyne Raises $4.5 million from V-Guard
V-Guard acquires 18.77% stock of Gegadyne on a fully diluted basis
January 19, 2021
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
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. V-Guard is an electrical appliances manufacturer in India.