Exponent Energy

Bengaluru, India Founded: 2020 • Age: 6 yrs
Rapid-charging technology for electric vehicles is developed and scaled.
Annual revenue $2.4M Latest available
Total funding $47.2M 7 rounds
Employees 223 Tracked headcount
Investors 39 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Exponent Energy

Exponent Energy is a company based in Bengaluru (India) founded in 2020 by Sanjay Byalal Jagannath and Arun Vinayak. Exponent Energy has raised $47.2 million across 7 funding rounds from investors including Angel List, Wellfound and Lightspeed Venture Partners. The company has 223 employees as of June 04, 2025. Exponent Energy offers products and services including Rapid Chargers and EV Batteries. Exponent Energy operates in a competitive market with competitors including StoreDot, Verkor, Enevate, Ionblox and The Energy Company, among others.

  • Headquarter Bengaluru, India
  • Employees 223 as on 04 Jun, 2025
  • Founders Sanjay Byalal Jagannath, Arun Vinayak
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Exponent Energy Private Limited
  • Date of Incorporation 20 Oct, 2020
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.42 M (USD)
    9658.05
    as on Mar 31, 2024
  • Net Profit
    -$8.01 M (USD)
    -3042.95
    as on Mar 31, 2024
  • EBITDA
    -$7.25 M (USD)
    -2826.99
    as on Mar 31, 2024
  • Total Equity Funding
    $47.2 M (USD)

    in 7 rounds

  • Latest Funding Round
    Not available
  • Investors
    Angel List

    & 38 more

  • Employee Count
    223

    as on Jun 04, 2025

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Products & Services of Exponent Energy

Exponent Energy offers a comprehensive portfolio of products and services, including Rapid Chargers and EV Batteries.

Product name locked
Category locked
Primary

Devices for 15-minute full charging of electric vehicles with warranties.

Product name locked
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Lithium-ion batteries offering 3,000 cycles for scalable EV applications.

Funding Insights of Exponent Energy

Exponent Energy has successfully raised a total of $47.2M across 7 strategic funding rounds. 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.

Investors in Exponent Energy

Exponent Energy has secured backing from 39 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and Lightspeed Venture Partners.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage tech startups are invested in globally by TDK Ventures.
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Venture debt funding and structured finance for innovative startups in India.
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Venture capital investment and global platform support for startups.
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Investor details for Exponent Energy

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Investments & Acquisitions by Exponent Energy

Investments
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Investment portfolio details for Exponent Energy

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Financial Statements - Exponent Energy

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Detailed financials for Exponent Energy

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Exponent Energy Comparisons

Exponent Energy Primary company
Description
Rapid-charging technology for electric vehicles is developed...
Location
Bengaluru, India
Founded Year
2020
Annual Revenue
$2.42 M (USD)
Net Profit
-$8.01 M (USD)
EBITDA
-$7.25 M (USD)
Employees
223
As of 2025
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Peer comparison for Exponent Energy

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Competitors of Exponent Energy

Exponent Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as StoreDot, Verkor, Enevate, Ionblox and The Energy Company, among others.

Company Name Domain Founded year HQ Location Description
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Fast-charging lithium batteries for electric vehicles are developed and manufactured.
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Lithium-ion batteries are manufactured for electric vehicles and storage.
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Lithium-ion batteries are developed for advanced energy storage.
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Manufacturer of lithium-ion batteries
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AI-powered battery management and optimization systems are developed.
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Detailed competitors of Exponent Energy

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Latest news on Exponent Energy

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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 current CEO of Exponent Energy. They have also founded this company.

Exponent Energy is a funded company, having raised a total of $47.2M across 7 funding rounds to date.

As of Jun 04, 2025, the latest employee count at Exponent Energy is 223.

Annual revenue of Exponent Energy is $2.42M as on Mar 31, 2024.

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's top competitors include StoreDot, Verkor and Samsung SDI.

Exponent Energy offers Rapid Chargers and EV Batteries.

Exponent Energy has 39 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.

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