
About Exponent Energy Private Limited
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Exponent Energy Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 20 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U34300KA2020PTC139964. Its GSTIN is 29AAGCE1484R1ZV (Karnataka). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹2.22 Cr and a paid-up capital of ₹1.73 Cr. It is led by directors including Harsha Deepak Kumar and Arun Vinayak Srinivasan.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.05 Cr, a growth of 84% compared to the previous year. For the same year it recorded a net loss of ₹64.56 Cr (net margin -146.5%) and EBITDA of -₹41.87 Cr (EBITDA margin -95%). Revenue has grown at a compounded annual rate (CAGR) of 492% over three years.
The company has about 223 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Exponent Energy. As per MCA filings, the company has open charges of ₹93.88 Cr and satisfied charges of ₹5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending. The company has 11 deals on record (7 funding rounds, 2 debt financings, 1 convertible or debt financing), with disclosed funding of ₹572.88 Cr; the latest was in February 2026. The company has 6 MSME Form 1 returns on record between 2021 and 2024, listing 53 overdue payments to 27 micro and small suppliers.
Exponent Energy Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0027848). For more details, the company can be reached via its website exponent.energy.
Company details
Recognitions & Rankings of Exponent Energy
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0027848
Contact details
Exponent Energy Private Limited's registered office is in Bangalore, Karnataka. Its website is exponent.energy. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy. No. 114 And 115 Khata No. 2606 And 2606/115, Kammasandra Village Attibele Hobli Anekal Taluk, Bangalore, Karnataka, India – 560100
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Exponent Energy Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Exponent Energy operates one associated brand: Exponent Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Rapid-charging technology for electric vehicles is developed and scaled. | exponent.energy |
Business activity
The main business activity of Exponent Energy is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Exponent Energy Private Limited, buy the company report.
Financials of Exponent Energy Private Limited
FY 2024 filings availableExponent Energy Private Limited reported revenue of ₹44.05 Cr (up 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 492% over three years, including 84% growth in the latest year. EBITDA rose 77% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹41.87 Cr | ||||
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| Net Profit (PAT) | -₹64.56 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -95% | ||||
| Net Profit Margin | -146.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Exponent Energy Private Limited, buy the company report.
Board of directors of Exponent Energy Private Limited
Exponent Energy has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsha Deepak Kumar Also directs: Borntorise Technologies Private Limited, Keyaro Edutech Private Limited, Pocket Entertainment Ventures Private Limited and 1 more | Director | 13 Aug 2022 | 4 Years 2 Months | Current |
| Sunil Kumar Goyal Also directs: Beetel Teletech Limited, Ethereal Exploration Guild Private Limited, Credright Private Limited and 5 more | Nominee Director | 19 Jun 2025 | 1 Years 4 Months | Current |
| Arun Vinayak Srinivasan | Director | 20 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Exponent Energy Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2024 | 001076N/N500013 |
Shareholding
The shareholding of Exponent Energy Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Exponent Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2025 | 101124027 | Axis Bank Limited | ₹5 Cr | Open | |
| 08 Oct 2024 | 100993616 | Sidbi | ₹15 Cr | Open | |
| 07 Oct 2024 | 100995139 | Standard Chartered Bank | ₹30 Cr | Open | |
| 30 Aug 2024 | 101041356 | Others | ₹25 Cr | Open | |
| 28 May 2024 | 100959372 | Others | ₹3.2 Cr | Open |
To see the full charge records of Exponent Energy Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Exponent Energy Private Limited has 11 deals on record (7 funding rounds, 2 debt financings, 1 convertible or debt financing), with disclosed funding of ₹572.88 Cr; the latest was in February 2026.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Debt financing | ₹15 Cr | Investors: Alteria Capital |
| Sep 2024 | Debt financing | ₹10 Cr | Investors: Alteria Capital |
| Dec 2023 | Funding round · Series B | ₹219.93 Cr | Investors: Eight Roads Ventures, TDK Ventures, 3One4 Capital |
| Aug 2022 | Funding round · Series A | ₹91.86 Cr | Investors: Lightspeed India Partners, YourNest Venture Capital, 3One4 Capital |
| May 2021 | Funding round · Pre-Series A | ₹7.13 Cr | Investors: YourNest Venture Capital, 3One4 Capital, Advantedge Incubators |
To see the full deal history of Exponent Energy Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Exponent Energy Private Limited has 2 court cases on record: 2 filed by Exponent Energy. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (CMA(TM)) | Filed by the company against The Registrar of Trademarks, | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Registrar of Trademarks, | Pending |
To see the full case history of Exponent Energy Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Exponent Energy Private Limited has 6 MSME Form 1 returns on record between 2021 and 2024, listing 53 overdue payments to 27 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Packaid Ecopack Private Limited | |||
| an individual supplier | |||
| Grand Slam Express Private Limited | |||
| an individual supplier | |||
| Stratjuris Law Partners |
To see the full MSME payment records of Exponent Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Exponent Energy Private Limited has a workforce of 223 employees on its EPFO records as of Jun 04, 2025, across 1 active EPFO establishment.
GST
Exponent Energy has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCE1484R1ZV | Karnataka | Active | 23 Nov 2020 |
| 29AAGCE1484R2ZU | Karnataka | Active | 28 Feb 2025 |
| 07AAGCE1484R1Z1 | Delhi | Active | 05 Feb 2024 |
| 33AAGCE1484R1Z6 | Tamil Nadu | Active | 15 Mar 2024 |
To see the full GST registrations and return filing status of Exponent Energy Private Limited, buy the company report.
Recent activity
Exponent Energy Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Sunil Kumar Goyal was appointed as Nominee Director on 19 Jun 2025.
13 earlier events are in the company report.
News
Frequently asked questions
Exponent Energy is an active private limited company based in Bangalore, Karnataka, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 20 October 2020 (6+ years old) and is registered under CIN U34300KA2020PTC139964.
Exponent Energy has 3 current directors:
- Harsha Deepak Kumar - Director
- Sunil Kumar Goyal - Nominee Director
- Arun Vinayak Srinivasan - Director
The latest financial statements of Exponent Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Exponent Energy is 29AAGCE1484R1ZV, registered in Karnataka. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 29AAGCE1484R2ZU (Karnataka), 07AAGCE1484R1Z1 (Delhi), 33AAGCE1484R1Z6 (Tamil Nadu).
The CIN (Corporate Identification Number) of Exponent Energy is U34300KA2020PTC139964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Exponent Energy has 2 court cases on record: 2 filed by the company. 2 are pending.
Exponent Energy was incorporated on 20 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Exponent Energy has 11 deals on record (7 funding rounds, 2 debt financings, 1 convertible or debt financing), with disclosed funding of ₹572.88 Cr; the latest was in February 2026.
Sunil Kumar Goyal was appointed as Nominee Director on 19 Jun 2025. Venkat Subramania Raju ceased to be Additional Director on 25 Sep 2024. Harsha Deepak Kumar ceased to be Additional Director on 18 Aug 2022. Exponent Energy has 6 board changes on record in total.
Yes, Exponent Energy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Exponent Energy is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0027848).

