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Exponent Energy had last raised $13 million in August 2022 in a Series A led by Lightspeed that valued the Bengaluru-based startup at around $45 million. ....
Bolt Earth Funding: The firm builds charging infrastructure for electric vehicles (EVs) across various power and customisation needs. It claims to have deployed over 30,000 EV charging points in its network. ....
The company said it will use the funds to expand its charging network, enhance its products, develop its operating system further, acquire talent, and expand internationally. ....
The report, dated Wednesday (September 27) further indicated a 33% reduction in late-stage funding rounds, and drastic declines of 74% and 75% in early-stage and seed-stage funding, respectively, compared with the same quarter a year earlier. ....
ET had reported on Monday that the Hero MotoCorp board had passed a resolution to invest Rs 550 crore in the firm via Series E2 compulsory convertible preference shares. The Rs 900 crore announced on Wednesday is inclusive of the amount announced on Monday. ....