Sthyr Energy funding, investors and company details

Sthyr Energy is an emerging Electric Equipments startup from Chennai, working in the space of Zinc-air mechanically rechargeable battery systems. Founded by Gunjan Kapadia, Akhil Kongara, Muhammed Hamdan.

Company: Sthyr Energy Private Limited
Sector: Electric Equipments
Location: Chennai
Founders: Gunjan Kapadia, Akhil Kongara, Muhammed Hamdan
Total funding raised: ₹8.57 Cr

Company overview

Zinc-air mechanically rechargeable battery systems designed for long-term and seasonal energy storage are being developed by Sthyr. The technology has a special design that separates energy and power components, allowing for flexible and modular deployment at different scales. It also uses water-based, non-flammable electrolytes for increased safety. According to the company, its batteries offer a competitive Levelized Cost of Energy (LCOE), which makes them an affordable and environmentally friendly substitute for lithium-ion batteries in large-scale energy storage applications.

Funding rounds

Latest round (Seed): $ 1.00 Mn (₹8.57 Cr.), 2025-06-25. Investors: Speciale Invest, Antares Ventures