Merisis advises Gegadyne Energy on a fund raise

15 Jan

Merisis advises Gegadyne Energy on a fund raise

Gegadyne Energy Labs is a Mumbai based alternate battery technology start-up developing innovative energy storage (battery) solutions, which could deliver better battery performance on key parameters like total cost of ownership (TCO), Life Cycle, Recharge time, Safety profile and Maintenance costs, compared to prevalent battery technologies. In addition, all key raw materials can be sourced locally, thereby providing distinctive advantage against some of the upcoming battery technologies based on rare metals with significant import dependence. Merisis was the exclusive advisor to Gegadyne for this transaction.