About Exponent Energy
Exponent Energy is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2020 by Sanjay Byalal Jagannath and Arun Vinayak. Rapid-charging technology for electric vehicles is developed and scaled. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. Exponent Energy has raised $68.3 million across 9 funding rounds from investors including Angel List, Wellfound and Lightspeed Venture Partners. The company has 223 employees. Exponent Energy was last valued at $94.84 million in October 2024. Its chief executive, as recorded, is Arun Vinayak. Its website exponent.energy draws about 14 thousand monthly visits. Its Indian entity Exponent Energy Private Limited reported revenue of ₹44.05 Cr. Exponent Energy offers products and services including Rapid Chargers and EV Batteries. Its focus areas include Energy Tech, Electric Vehicles, Components and Batteries.
Company details
Exponent Energy was founded in 2020 in Bengaluru, India, within the electric vehicle sector. Rapid-charging solutions are created, including batteries and chargers that support zero-to-hundred percent charging in minimal time. Standard lithium-ion cells are incorporated in the designs, ensuring scalability across different vehicle categories. Operations focus on manufacturing and technology deployment for broader EV adoption.
- Headquarters Bengaluru, India
- Employees 223
- Founders Sanjay Byalal Jagannath, Arun Vinayak
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Website category Vehicles · Motorsports
- Email••••••••
- Phone•••• ••••
- Website exponent.energy
- Social LinkedIn X Instagram YouTube
- Legal Name Exponent Energy Private Limited
- Date of Incorporation 20 Oct, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹44.05 Cr
FY 2025 · +84% YoY
- Net Loss-₹64.56 Cr
FY 2025 · -147% margin
- EBITDA-₹41.87 Cr
FY 2025 · -95% margin
- Total Equity Funding$68.3M (USD)
in 9 rounds
- Latest Funding Round$21.1M (USD), Series B
Feb 2026
- InvestorsAngel List
& 43 more
- Employee Count223
Associated legal entities of Exponent Energy
Exponent Energy operates through Exponent Energy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Exponent Energy Private Limited CIN U34300KA2020PTC139964 | Active | 20 Oct 2020 | Bangalore, Karnataka | ₹44.1 Cr | 223 | 3 | View details |
Products & Services of Exponent Energy
Exponent Energy offers a comprehensive portfolio of products and services, including Rapid Chargers and EV Batteries.
Devices for 15-minute full charging of electric vehicles with warranties.
Lithium-ion batteries offering 3,000 cycles for scalable EV applications.
Apps and channels of Exponent Energy
Exponent Energy publishes 1 mobile app with over 10K+ downloads.
Funding Insights of Exponent Energy
Exponent Energy has successfully raised a total of $68.3M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $21.1 million completed in February 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $68.3M
- Total Rounds 9
- Last Round Series B — $21.1M
- First Round $965,593
(May 2021)
- Investors Count 44
All 9 funding rounds of Exponent Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2026 | $21.1M | Series B | – | TDK Ventures, 360 One | |
| Dec 2024 | Series B | – | – | ||
| Oct 2024 | $217,944 | Series B | $94.84M | Alteria Capital | – |
| Dec 2023 | $26.43M | Series B | $98.28M | Eight Roads Ventures | |
| Mar 2023 | Series B | – | – | ||
| Aug 2022 | $13M | Series A | $••••• | Lightspeed India | |
| May 2022 | $1.59M | Seed | $••••• | – | |
| Dec 2021 | $5M | Seed | $••••• | YourNest, 3one4 Capital | |
| May 2021 | $965,593 | Seed | $••••• | YourNest |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2024 | $94.84M | •••••••• |
| Dec 2023 | $98.28M | •••••••• |
| Aug 2022 | $••••• | •••••••• |
| May 2022 | $••••• | •••••••• |
| Dec 2021 | $••••• | •••••••• |
| May 2021 | $••••• | •••••••• |
Full valuation and stage history of Exponent Energy
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $94.84M (Oct 2024). 44 investors in total: 24 institutional and 20 angel.
Investors in Exponent Energy
Exponent Energy has secured backing from 44 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and Lightspeed Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech startups are invested in globally by TDK Ventures. | tdk-ventures.com | San Jose, United States | ||
Venture debt funding and structured finance for innovative startups in India. | 2018 | alteriacapital.com | Mumbai, India | |
Venture capital investment and global platform support for startups. | 2008 | eightroads.com | London, United Kingdom | |
Venture capital investments in technology sectors like SaaS and Fintech in India. | 2016 | 3one4capital.com | Bengaluru, India | |
Venture capital funding and support for mobility and electric vehicle startups in India. | 2015 | advantedge.vc | Delhi, India | |
Single family office of Pawan Munjal, managing director and CEO of Hero MotoCorp | Delhi, India | |||
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Early-stage DeepTech venture capital funding and support services in India. | 2011 | yournest.in | Gurugram, India | |
Multiple sectors are invested in by the private equity firm. | Kanchipuram, India | |||
Venture capital investing in innovative startups across technology sectors. | 2008 | lsip.com | Bengaluru, India |
Investor details for Exponent Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Exponent Energy Private Limited (Exponent Energy)
Exponent Energy Private Limited is the primary company behind Exponent Energy. The board of Exponent Energy Private Limited currently have 3 directors; the longest-serving is Arun Vinayak Srinivasan, appointed in 2020. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arun Vinayak Srinivasan DIN 08926343 | Director | 20 Oct 2020 | 6 yrs | Exponent Energy Private Limited |
| Harsha Deepak Kumar DIN 08839209 | Director | 13 Aug 2022 | 4 yrs 2 mo | Exponent Energy Private Limited |
| Sunil Kumar Goyal DIN 02312181 | Nominee Director | 19 Jun 2025 | 1 yr 4 mo | Exponent Energy Private Limited |
People of Exponent Energy
2 people are tracked at Exponent Energy (2 in leadership); the tracked headcount is 223.
| Name | Role | Group |
|---|---|---|
Sanjay Byalal Jagannath | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for Exponent Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Exponent Energy
Figures of Exponent Energy Private Limited, the primary company behind Exponent Energy, for FY 2025. Revenue was ₹44.05 Cr (+84% year on year). Net loss was -₹64.56 Cr (-147% margin). EBITDA was -₹41.87 Cr (-95% margin). Revenue has grown at a compounded annual rate of +492% over three years.
- ₹44.05 CrRevenue · FY 2025 · +84% YoY
- -₹64.56 CrNet loss · -147% margin
- -₹41.87 CrEBITDA · -95% margin
- ₹1.73 CrPaid-up capital
- 223Employees (provident fund records)
- +492%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Exponent Energy Private Limited are on its company page.
Detailed financial statements for Exponent Energy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Exponent Energy
4 dated milestones of Exponent Energy across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Exponent Energy is founded.
- Funding First funding round of $966K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $21.1M.
Web traffic of Exponent Energy
The website of Exponent Energy (exponent.energy) receives about 14.1K visits a month and ranks #2,310,140 among all websites worldwide, #2,462 in Motorsports.
- Monthly visits14.1K
▲ 62.3% vs previous month
- Unique visitors4K
per month
- Global rank#2,310,140
among all websites
- Category rank#2,462
Vehicles · Motorsports
- Bounce rate36%
- Pages per visit2.1
- Average visit1 min 12 sec
- DevicesDesktop 30% · Mobile 70%
Websites whose visitors overlap most with Exponent Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| evreporter.com | 100% | 83.3K | #355,089 | View details | |
marksmendaily.com | marksmendaily.com | 49% | #2,154,825 | – |
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Exponent Energy (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Related news about Exponent Energy
Complete news archive for Exponent Energy
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Frequently Asked Questions about Exponent Energy
Exponent Energy was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Exponent Energy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Arun Vinayak is the CEO of Exponent Energy, as recorded in our data. They have also founded this company.
Exponent Energy is a funded company, having raised a total of $68.3M across 9 funding rounds to date. The company's 1st funding round was a Seed of $965.59K, raised on May 2021.
Exponent Energy has 223 employees.
The primary company behind Exponent Energy, Exponent Energy Private Limited, reported revenue of ₹44.05 Cr for FY 2025, up 84% year on year.
Exponent Energy was founded in 2020 in Bengaluru, India, within the electric vehicle sector. Rapid-charging solutions are created, including batteries and chargers that support zero-to-hundred percent charging in minimal time. Standard lithium-ion cells are incorporated in the designs, ensuring scalability across different vehicle categories. Operations focus on manufacturing and technology deployment for broader EV adoption.
Exponent Energy offers Rapid Chargers and EV Batteries.
Exponent Energy has 44 investors. Key investors include Angel List, Wellfound, Lightspeed Venture Partners, 3one4 Capital, and Alteria Capital.
The valuation of Exponent Energy is $94.84M as of Oct 2024.
Exponent Energy operates through Exponent Energy Private Limited.
The legal entities of Exponent Energy currently have 3 directors, including Harsha Deepak Kumar, Sunil Kumar Goyal, Arun Vinayak Srinivasan.