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

/ Rahul Nair
/ Finance and M&A, Other
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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.

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Rahul Nair

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