Exponent Energy: The 3-year-old Bengaluru-based startup has raised USD 44.4 million in total so far and plans to utilise the fresh funds to scale its presence to 5 new cities by FY’ 24. The company also plans to expand its offering in the e3W space and enter the intercity e-bus segment in 2024, the company said.
Exponent Energy raises $26.4 million in series B round - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Existing investors like Lightspeed, YourNest VC, 3one4 Capital, AdvantEdge VC and the family office of Pawan Munjal, executive chairman, Hero MotoCorp, also participated, as did TDK Ventures, a new investor.