{"id":515516,"date":"2022-08-20T11:54:20","date_gmt":"2022-08-20T06:24:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=515516"},"modified":"2022-08-20T11:54:20","modified_gmt":"2022-08-20T06:24:20","slug":"exponent-energy-raises-13-mn-in-series-a-funding","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/exponent-energy-raises-13-mn-in-series-a-funding\/","title":{"rendered":"Exponent Energy raises $13 mn in Series A funding"},"content":{"rendered":"<p>Chennai: Exponent Energy, an EV rapid charging startup co-founded by Arun Vinayak, Ather Energy&#8217;s founding partner and ex-CPO, has raised $13 million in a Series A funding round led by Lightspeed, with all existing institutional investors such as YourNest VC, 3one4 Capital &amp; AdvantEdge VC also participating.<br \/>\n\u201cThe amount raised will be utilised to scale up the e-pump network to 100 location points per city; streamline e-pack production and deliver more Exponent enabled EVs,\u201d the company said in a statement.<br \/>\nThe funding comes just after Exponent raised undisclosed funding from the family office of Pawan Munjal, chairman &amp; CEO of Hero MotoCorp. That investment was part of the $6 million Seed and Pre-Series A round which also included investments from Motherson Group, YourNest VC, 3one4 Capital, AdvantEdge VC and a few angel investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chennai: Exponent Energy, an EV rapid charging startup co-founded by Arun Vinayak, Ather Energy&#8217;s founding partner and ex-CPO, has raised $13 million in a Series A funding round led by Lightspeed, with all existing institutional investors such as YourNest VC, 3one4 Capital &amp; AdvantEdge VC also participating. \u201cThe amount raised will be utilised to scale up the e-pump network to 100 location points per city; streamline e-pack production and deliver more Exponent enabled EVs,\u201d the company said in a statement. The funding comes just after Exponent raised undisclosed funding from the family office of Pawan Munjal, chairman &amp; CEO of [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-515516","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/515516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=515516"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/515516\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=515516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=515516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=515516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}