Exponent Energy - About the company
Exponent Energy is a series B company based in Bengaluru (India), founded in 2020 by Sanjay Byalal Jagannath. It operates as a Provider of rapid-charging battery, charger, and connector technology for EVs. Exponent Energy has raised $68.3M in funding from investors like YourNest, Eight Roads Ventures and Lightspeed, with a current valuation of ₹*****. The company has 104 active competitors, including 19 funded and 9 that have exited. Its top competitors include companies like SES Technologies, Emo Energy and ACC.
Company Details
Provider of rapid-charging battery, charger, and connector technology for EVs. The company offers a full energy stack comprising a proprietary battery pack, charging station, and high-current connector engineered to work together for ultra-fast charging. Its technology enables lithium iron phosphate battery packs to charge from empty to full in around a quarter of an hour while maintaining long cycle life, using water-based thermal management and advanced cell control.
- Website
- www.exponent.energy/
- Social
- Email ID
- *****@exponent.energy
- Phone Number
- +91 **********
- Registered Address
- Sy. No. 114 and 115, Khata No. 2606 and 2606/115, Kammasandra Village, Attibele Hobli, Anekal Taluk, Electronics City, Bangalore, Bangalore South, Karnataka, India, 560100
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Series B
Total Funding
$68.3M in 9 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Sep 08, 2026
Ranked
7th among 104 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
215 as on Aug 31, 2025
Similar Companies
Legal entities associated with Exponent Energy
Exponent Energy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
EXPONENT ENERGY PRIVATE LIMITED CIN: U34300KA2020PTC139964 , India, Active | Oct 20, 2020 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 247 (As on Apr 01, 2026) |
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Exponent Energy's funding and investors
Exponent Energy has raised a total funding of $68.3M over 9 rounds. Its first funding round was on May 12, 2021. Its latest funding round was a Series B round on Feb 19, 2026 for $*****. 9 investors participated in its latest round. Exponent Energy has 26 institutional investors and 21 angel investors.
Here is the list of recent funding rounds of Exponent Energy:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 19, 2026 | 5694034 | Series B | 1650851 | 8615884 | 3991402 | 1553865 |
Dec 18, 2024 | 2137685 | Series B | 8529096 | 7314597 | 8134293 | |
Oct 11, 2024 | 7160132 | Series B | 6860256 | 7392643 | 3528759 |
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Exponent Energy's founders and board of directors
Founder? Claim ProfileThe founders of Exponent Energy is Sanjay Byalal Jagannath. is the CEO of Exponent Energy.
Here are the details of Exponent Energy's key team members:
- Sanjay Byalal Jagannath: Co-Founder of Exponent Energy. Contact Info: 1 email address and 2 phone numbers
Exponent Energy's Board of Directors
Exponent Energy's board has 3 active members. Arun Vinayak Srinivasan and Sunil Kumar Goyal are part of team and Harsha Deepak Kumar is independent board member.Here is the list of Exponent Energy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 9m | |
Investor | - | Current | 1y 1m | |
Independent board member | - | Current | 3y 11m |
View details of Exponent Energy's Founder profiles and Board Members
Exponent Energy's employee count trend
Exponent Energy has 215 employees as of Aug 25. The total employee count is 4.0% lower than what it was in Aug 24. Here is Exponent Energy's employee count trend over the years:
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Exponent Energy's Competitors and alternates
Top competitors of Exponent Energy include SES Technologies, Emo Energy and ACC. Here is the list of Top 10 competitors of Exponent Energy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | _1591158709139.png?devicePixelRatio=2&height=30&width=30){kind=logo} SES Technologies 2012, Woburn (United States), Public | Developer of Li-Metal batteries and AI-powered battery management solutions | $336M | 72/100 | |
2nd | Emo Energy 2022, Bengaluru (India), Series A | Provider of energy management systems integrating battery technology and charging hardware | $14.1M | 67/100 | |
3rd | Manufacturer of lithium-ion battery cells and modules for electric four-wheelers | $1.2B | 65/100 | ||
4th |  Clean Electric 2020, Pune (India), Series A | Manufacturer of battery technology for energy storage and electric vehicles | $8.35M | 65/100 | |
5th | Manufacturer of fast charging batteries for electric vehicles | $226M | 63/100 | ||
6th |  DG Matrix 2022, Tempe (United States), Series A | Provider of a DC fast charger for electric vehicles | $80M | 62/100 | |
7th | Exponent Energy 2020, Bengaluru (India), Series B | Provider of rapid-charging battery, charger, and connector technology for EVs | $68.3M | 60/100 | |
8th |  Lightning eMotors 2008, Loveland (United States), Public | SaaS-based management solutions for EV charging station operators | $56.5M | 57/100 | |
9th | Manufacturer of high-power charging solutions for electric vehicles and buses | - | 53/100 | ||
10th | Manufacturer of modular direct current fast charging hardware and software | - | - | 50/100 |
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Exponent Energy's Latest cap tables and shareholding
Founders own 11.33%, Funds (largest shareholder) own 69.19%, Enterprises own 3.35% and Angels own 1.32%. The net worth of Exponent Energy's founders is INR 143Cr as of Sep 08, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 11.33% | 143Cr | 8706248 | 2376583 | 5825038 | 4361983 |
Fund | 69.19% | 874Cr | 9425533 | 9859731 | 7589862 | 7341645 |
3407663 | 7083735 | 7835907 | 1497928 | 7711882 | 3448677 | |
7912370 | 1978962 | 3490540 | 9673220 | 1863941 | 1401075 | |
442916 | 564678 | 158016 | 297282 | 202581 | 696331 | |
29 | 33 | 53 | 14 | 43 | 76 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 3.35% | 42.3Cr | 437 | 147 | 952 | 226 |
Angel | 1.32% | 16.6Cr | 6 | 2 | 6 | 2 |
Other People | 3.52% | 44.4Cr | 271 | 218 | 817 | 616 |
ESOP Pool | 11.30% | 143Cr | 4829846 | 5901627 | 6542976 | 2825264 |
Total | 100.00% | 1,260Cr | 6786195 | 8058148 | 3076113 | 5093719 |
To unlock detailed Cap Table of Exponent Energy Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Exponent Energy's Shareholding
Exponent Energy's Investments and acquisitions
Exponent Energy has made no investments or acquisitions yet.
Reports related to Exponent Energy
Here is the latest report on Exponent Energy's sector:
News related to Exponent Energy
Filter this listMedia has covered Exponent Energy for a total of 14 events in the last 1 year, 7 of them have been about company updates and 1 about partnerships.
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Beacon has raised $225 Million in new Series C fundingintelligence360•Jun 17, 2026•Beacon, General Catalyst, HarbourVest Partners, Lightspeed and 14 others
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Exponent Energy Raises ₹200 Crore in Series B Extension to Fund EV Fast-Charging Network ExpansionLivemint•Jun 10, 2026•TDK Ventures, 360 One, Exponent Energy Corporation, Exponent Energy and 8 others
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Exponent Energy co-founder Sanjay Jagannath steps down, moves to advisory roleBusiness Line•May 27, 2026•Exponent Energy
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Exponent Energy launches EV financing arm Exponent One, raises $2 million pre-seedMoneycontrol•Feb 17, 2026•Exponent Energy, AdvantEdge, Exponent One
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Fresh Bus and Exponent Energy Launch the First All-Sleeper Electric Bus Fleet with Rapid ChargingAsian News International•Jan 20, 2026•Fresh Bus, Exponent Energy
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Exponent Energy Enters Three-Wheeler EV Retail, Opens Store in BengaluruCyberMedia India Online•Dec 01, 2025•Exponent Energy
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