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Arun Vinayak, co-founder and CEO of Exponent Energy, has been at the forefront of revolutionizing India's electric vehicle (EV) industry. Starting his journey , he faced skepticism and doubts about the feasibility of EVs, Vinayak persevered and established as a quality leader in the EV market. However, he realized that the key to widespread adoption of EVs lay in solving the challenges of charging infrastructure. In 2020, Vinayak co-founded Exponent Energy with Sanjay Byalal Jagannath, aiming to address the critical issue of EV charging. Their goal was ambitious: to charge EVs in just 15 minutes. Despite initial disbelief, Exponent Energy raised $5 million in its pre-Series A funding round in 2021 and started commercial operations in 2023.Today, Exponent Energy has emerged as a game-changer in the EV charging space, with its rapid charging battery packs, charger, and connector. Backed by prominent investors like Lightspeed, Your Nest VC, and others, the startup has expanded its operations to Delhi NCR and plans further expansion across major cities in India. Vinayak's vision extends beyond just creating a successful business. He believes that energy tech companies like Exponent will play a crucial role in shaping the future. As the Indian EV market continues to grow rapidly, Vinayak remains optimistic about the opportunities in the sector. Sounds interesting? Want to know what we can do for your startup using data? Reach out to us ! Partho Atticus Advisors #EV #ElectricVehicles #EnergyTech #Startup #IndiaGrowth #SustainableFuture

𝗔𝘁𝗵𝗲𝗿 𝗘𝗻𝗲𝗿𝗴𝘆 𝗷𝘂𝘀𝘁 𝗺𝗮𝗱𝗲 𝗵𝗶𝘀𝘁𝗼𝗿𝘆! 𝗕𝘂𝘁 𝘄𝗵𝗮𝘁’𝘀 𝗻𝗲𝘅𝘁? 🚀 From ambitious startup to unicorn—Ather Energy is now valued at ₹10,900 crore 💡 Ather Energy has officially joined the unicorn club after securing a whopping ₹600 crore ($71 million) from the National Investment and Infrastructure Fund.  With this funding, Ather’s valuation has skyrocketed to ₹10,900 crore ($1.3 billion), making it the 4th unicorn of the year in India, and the 2nd in the mobility sector, right behind Rapido. This achievement is not just a win for Ather but a strong signal of the growing investor confidence in India’s electric vehicle (EV) sector. What does this mean for the future of mobility in India? More competition, rapid advancements in EV technology, and a greener future for all. 🌱 #linkedin #atherenergy #startup

📢 "How Clean Electric Wants Dominate The Indian EV Paradigm With Its 12-Minute Battery Charging Tech" 🔔 ➡️ Clean Electric, founded in 2020 by former IITBHU students, focuses on improving EV battery safety, cost, and convenience. ➡️ Unlike competitors, their technology allows for universal charging compatibility rather than relying on proprietary stations. ➡️ In 2022, they raised $2.2 Mn in seed funding. ➡️ The startup is developing 12-minute charging technology for two- and three-wheeler EVs using innovative cooling systems and claims high battery cycle life. ➡️ They aim to address critical EV adoption barriers like charging time and infrastructure challenges in India and globally. Source of information 👇📝 https://lnkd.in/gce3eZX5 Share Your Startup Story 🚀✨ https://lnkd.in/ggir3Qap Visit our website 🌐✅ www.scoopearth.com #Scoopearth #Startup #Ev #Charging #Energy #Battery

Exciting news! Nikhil Kamath, co-founder of Zerodha, has acquired a significant stake in Ather Energy from Sachin Bansal. This investment reinforces the potential of India's clean energy sector. #IndianStartups #AtherEnergy #InvestmentNews #NikhilKamath #SachinBansal Ather Energy is revolutionizing the EV market with its eco-friendly electric scooters. Kamath's investment demonstrates his belief in sustainable energy solutions. #CleanEnergy #Innovation #Sustainability Sachin Bansal's divestment hints at his diversification strategy, exploring avenues beyond his core industry. #Entrepreneurship #InvestmentStrategy Kamath's investment will propel Ather Energy's growth, fueling R&D efforts and expanding their market presence. #ScalingUp #TechnologicalAdvancements Collaboration between Kamath and Bansal paves the way for collaborative growth, innovation, and sustainability in India's startup ecosystem. #Partnership #VisionaryLeadership As the clean energy revolution gains momentum, Kamath's investment in Ather Energy inspires other investors and entrepreneurs to support sustainable solutions. #ElectricMobility #CarbonReduction The Kamath-Bansal deal heralds an aspirational environment for investors, innovators, and consumers in India's electric vehicle industry. #InvestInTheFuture #SustainableTransportation Exciting times lie ahead for India's startup ecosystem as collaborations like Kamath-Bansal contribute to the growth of visionary companies like Ather Energy. #FutureOfMobility #CollaborativeInnovation Stay tuned for more developments that shape India's electric vehicle industry. The future is bright, sustainable, and electric! #IndiaEVRevolution #CleanTransportation

𝗔𝘁𝗵𝗲𝗿 𝗘𝗻𝗲𝗿𝗴𝘆 𝗝𝗼𝗶𝗻𝘀 𝗨𝗻𝗶𝗰𝗼𝗿𝗻 𝗟𝗲𝗮𝗴𝘂𝗲 𝗕𝘆 𝗥𝗮𝗶𝘀𝗶𝗻𝗴 $𝟳𝟭 𝗠𝗻 𝗙𝘂𝗻𝗱𝗶𝗻𝗴 𝗙𝗿𝗼𝗺 𝗡𝗜𝗜𝗙. Ather Energy, an electric vehicle manufacturer, has secured INR 600 Cr ($71 Mn) in funding from the National Investment and Infrastructure Fund (NIIF), valuing the company at $1.3 Bn. The company aims to go public by the end of 2024, with an expected valuation of around $2 Bn. This significant funding round has propelled Ather Energy into the unicorn league, a term used for startups valued at over $1 billion. The Ather Energy's funding is part of a larger trend of significant investments in the startup ecosystem, with startups raising $1.71 billion in June 2024, marking a 148% increase from the previous year. Follow Humans Of EV #ev #evnews #electricvehicle #evcharging #evbattery #evindustry #evs #evchargingstation #humansofev https://lnkd.in/dNDy9apD

Revving Up the #EV Revolution: India Accelerator’s Electrifying #Thesis ⚡ The future of transportation is undeniably electric, and India is perfectly positioned to seize this monumental opportunity. We recognized the immense potential of the vast landscape and came up with the Energy, Mobility, and Connectivity (EMC) thesis. We recently hosted a dynamic conversation with our esteemed EMC mentor council and investment team, including Deb Mukherji Ph.D. (Chief Advisor, Anglian Omega Group & Ex-CEO, Omega Seiki Mobility), srinath ramamurthy (Head Strategy & Investment, TVS Mobility Group), Hariprasad Hegde (Founding Partner, Edhina Capital & Ex SVP, Wipro), Tanvir Singh (Co-founder, Mooving & Ex VP, Energy Storage at Amplus Solar), Arindam Mukhopadhyay (Partner and Thesis Owner, EMC) and Ashish Bhatia (Founder and CEO, India Accelerator). The conversation was a vibrant exchange of ideas, with a shared vision for the future of EVs in India. We embraced the concept of the "Aircraft Carrier " thesis, signifying our commitment to supporting the entire EV ecosystem, not just the prominent OEMs. Imagine us as your sturdy aircraft carrier, providing the resources, guidance, and support you need to take flight and soar in the EV landscape! Key Takeaways: Where We See the Biggest Opportunities The discussion identified some key areas brimming with potential for Indian startups: Battery Technology : While the manufacturing space might be dominated by a few giants, a golden opportunity exists for Indian ingenuity in battery packaging solutions. Our unique Indian conditions demand robust and adaptable battery packaging, and we firmly believe our homegrown talent is well-equipped to address this challenge. OEMs (Original Equipment Manufacturers): India has the potential to be a global hub for EV manufacturing, particularly in the segments where collaboration with international players can create a thriving "Make in India" success story, catering to the global market. The Broader EV Ecosystem: The EV revolution extends far beyond the vehicles themselves. We're actively seeking to support startups focused on lifecycle management (think extending the lifespan of batteries!), the ever-expanding aftermarket, and consumer-centric businesses like fleets and last-mile delivery solutions. We don't play favorites! We invest in startups across the spectrum, from early-stage ventures to ones in growth stage to those on the cusp of an IPO. Our multi-stage funding structure and the experienced mentor council ensures we have the right resources to support you at every stage of your growth. Ready to join the ride? Together, let's make India a global leader in the electric vehicle revolution! #IndiaAccelerator #EVrevolution #EMC #ElectricVehicles #Startups #Funding #Mentorship #MakeInIndia #CleanMobility #TheFutureIsElectric

The Indian EV market, estimated to reach a whopping $110.74 Bn by 2029, houses various small as well as large EV startups. That said, let’s take a look at 60 players that are making a difference and helping keep the earth clean & green 🌎  ⚡ Though the electrification of vehicles started a bit late in India compared to some European countries, the US, China, and Japan, the country’s EV adoption has grown exponentially on the back of more startups joining the segment and government policies.  ⚡ Many Indian EV startups such as Ather Energy, Altigreen Propulsion Labs, BluSmart, and Exponent Energy have now come up with sustainable solutions for mobility.  ⚡ Indian EV startups offer services such as sustainable mobility, energy infrastructure, commercial mobility and battery management systems, among others, to the general masses and enterprises. Besides, they are also helping reduce carbon emissions and offering a cheaper alternative to fossil fuels. #startup #ev #electricvehicles #sustainability

Future Outlook: The future of the EV market in India appears promising, with continued government support, technological advancements, and growing consumer acceptance expected to drive further growth. The Indian government has set ambitious targets for electric vehicle adoption, aiming to achieve a significant percentage of electric vehicle sales by 2030

Let's define India's electric future !! #EVStartups #ElectricMobility #CleanTech #FutureOfTransportation #GreenInnovation #SustainableTech #EcoFriendlyTransport #InnovationInEV #EVInnovators #ChargingTheFuture #GreenStartups #ElectrifyingJourney #ZeroEmissions #DriveElectric #SmartMobility #BatteryTech #GreenEnergy #EVRevolution #UrbanMobility #StartupEcosystem

The Indian EV market, estimated to reach a whopping $110.74 Bn by 2029, houses various small as well as large EV startups. That said, let’s take a look at 62 players that are making a difference and helping keep the earth clean & green 🌎  ⚡ Though the electrification of vehicles started a bit late in India compared to some European countries, the US, China, and Japan, the country’s EV adoption has grown exponentially on the back of more startups joining the segment and government policies.  ⚡ Many Indian EV startups such as Ather Energy, Altigreen Propulsion Labs, BluSmart, and Exponent Energy have now come up with sustainable solutions for mobility.  ⚡ Indian EV startups offer services such as sustainable mobility, energy infrastructure, commercial mobility and battery management systems, among others, to the general masses and enterprises. Besides, they are also helping reduce carbon emissions and offering a cheaper alternative to fossil fuels. #startup #ev #electricvehicles #sustainability