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
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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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
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Annual Revenue
$2.42 M (USD)9658.05as on Mar 31, 2024
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Net Profit
$-8.01 M (USD)-3042.95as on Mar 31, 2024
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EBITDA
$-7.25 M (USD)-2826.99as on Mar 31, 2024
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Total Equity Funding
$47.2 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Angel List
& 38 more
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Devices for 15-minute full charging of electric vehicles with warranties.
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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Last Round
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First Round
First Round
(12 May 2021)
- Investors Count 39
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series B - Exponent Energy | Valuation |
investors |
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| Oct, 2024 | Amount | Series B - Exponent Energy | Valuation | Alteria Capital |
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| Dec, 2023 | Amount | Series B - Exponent Energy | Valuation | Eight Roads Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage tech startups are invested in globally by TDK Ventures.
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Founded Year | Domain | Location | |
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Venture debt funding and structured finance for innovative startups in India.
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Founded Year | Domain | Location | |
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Venture capital investment and global platform support for startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Exponent Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Exponent Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Exponent Energy Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Fast-charging lithium batteries for electric vehicles are developed and manufactured.
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| domain | founded_year | HQ Location |
Lithium-ion batteries are manufactured for electric vehicles and storage.
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| domain | founded_year | HQ Location |
Lithium-ion batteries are developed for advanced energy storage.
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| domain | founded_year | HQ Location |
Manufacturer of lithium-ion batteries
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| domain | founded_year | HQ Location |
AI-powered battery management and optimization systems are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Exponent Energy
Frequently Asked Questions about Exponent Energy
When was Exponent Energy founded?
Exponent Energy was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Exponent Energy located?
Exponent Energy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Exponent Energy?
Arun Vinayak is the current CEO of Exponent Energy. They have also founded this company.
Is Exponent Energy a funded company?
Exponent Energy is a funded company, having raised a total of $47.2M across 7 funding rounds to date. The company's 1st funding round was a Series B of $26.43M, raised on May 12, 2021.
How many employees does Exponent Energy have?
As of Jun 04, 2025, the latest employee count at Exponent Energy is 223.
What is the annual revenue of Exponent Energy?
Annual revenue of Exponent Energy is $2.42M as on Mar 31, 2024.
What does Exponent Energy do?
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.
Who are the top competitors of Exponent Energy?
Exponent Energy's top competitors include StoreDot, Verkor and Samsung SDI.
What products or services does Exponent Energy offer?
Exponent Energy offers Rapid Chargers and EV Batteries.
Who are Exponent Energy's investors?
Exponent Energy has 39 investors. Key investors include Angel List, Wellfound, Lightspeed Venture Partners, 3one4 Capital, and Alteria Capital.
What is Exponent Energy's valuation?
The valuation of Exponent Energy is $94.84M as of Oct 2024.