Exponent Energy
Develops rapid-charging battery solutions for seamless commercial EV operations.
Founding year
2020
Sector
Energy Tech, Electric Mobility
Investing round
Series B (March 2023)
Nishchay Chadha
Co-Founder
Founder & CEO
Founder & CEO
About
Exponent Energy is building an integrated battery + charging ecosystem enabling 15-minute rapid charging for commercial EVs. Its proprietary tech stack includes the e^Pack (battery) and e^Pump (charger), tailored for high-utilization vehicles like 3Ws and small CVs. By owning both ends of the equation, Exponent ensures safety, long battery life, and fast turnaround, critical for fleet economics.
Why We Invested?
India’s commercial EV segment is constrained by poor charging infra and long downtimes. Exponent solves this bottleneck with a tech-first, infra-light solution that directly boosts fleet productivity. Backed by a stellar founding team (ex-Ather) and already deployed with OEMs like Altigreen, Exponent shows strong product-market fit and is well-positioned to become the “Android + Android charger” of India’s CV ecosystem.