Company Intelligence Profile
Exponent Energy Private Limited
Exponent Energy makes battery packs, rapid-charging stations and software that let commercial electric vehicles recharge fast.
Last updated 28 October 2026
Exponent Energy Private Limited is a Bengaluru-based company that makes lithium-ion battery packs, rapid-charging stations and battery-management software for commercial electric vehicles. It was incorporated on 20 October 2020 and is registered in Karnataka. It reported revenue of ₹30.2 Cr in FY2024-25. It raised an extended Series B of ₹182 Cr, co-led by 360 One and TDK Ventures.
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Company Identity
| Registered name | Exponent Energy Private Limited |
|---|---|
| CIN | U34300KA2020PTC139964 |
| PAN | AAGCE1484R |
| Status | Active |
| Listing | Unlisted |
| Incorporated | 20 October 2020 |
| ROC | RoC Bangalore |
| Sector (NIC) | Automotive & EV (NIC 34300) |
| Registered address | Sy. No. 114 and 115, Khata No. 2606 and 2606/115, Kammasandra Village, Attibele Hobli, Anekal Taluk, Electronics City, Bangalore South, Karnataka – 560100 |
| Authorized capital | ₹2.2–2.22 Crore |
| Paid-up capital | ₹1.73 Crore |
Business Overview
- Exponent Energy is a Bengaluru-based EV energy company.
- It makes lithium-ion battery packs, a rapid-charging station network and battery-management software.
- It sells to EV fleet operators and vehicle makers, including charging as a service.
- The company was incorporated in 2020 and is a DPIIT-registered startup.
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Arun Vinayak Srinivasan | 08926343 | Director | 20 Oct 2020 |
| Harsha Deepak Kumar | 08839209 | Director | 13 Aug 2022 |
| Sunil Kumar Goyal | 02312181 | Nominee Director | 19 Jun 2025 |
GST Registration
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AAGCE1484R1ZV | Karnataka | AAGCE1484R | - |
Financials
- Revenue ₹30.2 Cr
Source: tofler.in, thecompanycheck.com, falconebiz.com, entrackr.com
Funding
- Extended Series B: ₹182 Cr, co-led by 360 One and TDK Ventures
- Other investors in this round include YourNest Venture Capital, Advantedge Technology, Eight Roads Ventures, 3one4 Capital and Lightspeed India
- Dec 2023: Series B, $26.4M, post-money valuation ₹797 Cr
- Aug 2022: Funding round of $13M
Charges & Borrowings
- Standard Chartered Bank: ₹30 Cr
- Orbis Trusteeship Services: ₹25 Cr
- Small Industries Development Bank of India (SIDBI): ₹15 Cr
- Axis Bank: ₹8.7 Cr
- IDFC First Bank: ₹8.5 Cr
Competitors
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