Exponent Energy Raises $21.1 Million to Build the Energy Backbone for India's Commercial Electric Transition
Exponent Energy raised USD 21.1 million (₹200 crore) in a round co-led by 360 ONE Asset and TDK Ventures, with Hitachi Ventures making their first India energy sector investment. The Bengaluru-based startup offers 15-minute rapid charging for commercial EVs with a 3,000-cycle battery warranty, and now operates 162+ charging stations across four cities, powering 2,000+ commercial vehicles nationwide.
