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Key Highlights:
Exponent Energy, an EV tech startup based in Bengaluru, has been named to the World Economic Forum’s 2025 Technology Pioneers list. This annual list includes 100 early-stage companies from 28 countries that are pushing the boundaries of innovation across various industries.
This year, ten Indian startups secured a place on the prestigious list. These companies work in fields like space, robotics, logistics, healthcare, and clean energy. Among them, Exponent Energy stood out for its game-changing contribution to the electric vehicle sector.
Recharging EVs in 15 Minutes
Exponent Energy has built a unique charging system that can power an EV battery from 0% to 100% in just 15 minutes. What makes it more impressive is that it delivers this speed while ensuring a battery life of 3,000 charging cycles. It also works with standard lithium-ion cells, making it easier to adopt across existing platforms.
About Exponent Energy
Founded in 2020 by Arun Vinayak and Sanjay Byalal Jagannath, Exponent Energy has quickly grown in the EV space. So far, it has raised $44.6 million in funding through Pre-Series A, Series A, and Series B rounds. Major investors include Lightspeed Venture Partners, Eight Roads Ventures, YourNest VC, 3one4 Capital, AdvantEdge VC, and the family office of Dr. Pawan Munjal, Chairman and CEO of Hero MotoCorp.
Tech Already On the Roads
More than 2,000 electric vehicles across major cities like Bengaluru, Delhi NCR, Chennai, Ahmedabad, Kolkata, and Hyderabad already use Exponent’s fast-charging technology. The company is creating an ecosystem designed to meet the needs of commercial EV users who rely on quick turnaround times.
Other Indian Startups on the List
Along with Exponent Energy, the nine other Indian startups named to the 2025 Technology Pioneers list are:
Forum’s Recognition and Global Platform
The World Economic Forum started the Technology Pioneers program in 2000. It aims to highlight startups that have the potential to reshape industries. Chosen companies join a two-year program that includes access to global events and collaboration with other innovators. One of these key events is the Annual Meeting of the New Champions, held from June 24 to 26 in Tianjin, China.
Also Read: Exponent Energy Unveils 1MW Rapid Charging Technology, 1.5MW Coming Soon
CMV360 Says
Exponent Energy’s inclusion highlights India's growing presence in global tech and its role in shaping the future of electric mobility. Its 15-minute EV charging tech is not just impressive; it is a real-world solution to one of the biggest roadblocks in EV adoption. This recognition also shows that global platforms are taking note of practical and scalable innovations from India.
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