Exponent Energy funding, investors and company details

Exponent Energy is an emerging Automobile - EV startup from Bengaluru, working in the space of Electric Vehicle (EV) Charging Infrastructure / Energy Technology (Battery & Rapid Charging Solutions). Founded by Arun Vinayak, Sanjay Byalal Jagannath.

Company: Exponent Energy Private Limited
Sector: Automobile - EV
Location: Bengaluru
Founders: Arun Vinayak, Sanjay Byalal Jagannath
Total funding raised: ₹519.63 Cr

Company overview

Exponent Energy is an energy-tech startup founded in 2020, focused on accelerating electric vehicle adoption in India through rapid-charging solutions. The company builds a full-stack EV energy ecosystem comprising proprietary battery packs, charging stations, and connectors that enable EVs to charge up to 100% in about 15 minutes without compromising battery life. Its technology is designed primarily for commercial and fleet EVs such as three-wheelers and buses, addressing key challenges of downtime and range anxiety. Exponent Energy partners with OEMs and fleet operators and is also expanding its fast-charging infrastructure across major Indian cities, positioning itself as a critical enabler of scalable and efficient electric mobility.

Funding rounds

Latest round: ₹200.00 Cr. ($ 21.24 Mn), 2026-06-10. Investors: Eight Roads ventures, TDK Ventures, Lightspeed, 3one4 Capital, Advantedge VC, YourNest Venture Capital, Hitachi Ventures
Past round (Series B): $ 26.00 Mn (₹216.29 Cr.), 2023-12-14. Investors: Eight Roads ventures, TDK Ventures, Lightspeed, YourNest Venture Capital, 3one4 Capital, Advantedge VC, Pawan Munjal Family Office
Past round (Series A): $ 13.00 Mn (₹103.34 Cr.), 2022-08-17. Investors: Lightspeed