Bengaluru-based Exponent Energy secured Rs 200 crore ($21.1 million) in a Series B2 funding round.
The investment was co-led by 360 ONE Asset and TDK Ventures, pushing the company's total funding to $65.7 million.
The company's proprietary energy stack delivers a full zero-to-100 percent charge in 15 minutes using standard lithium-ion cells and off-board liquid cooling.
Fresh capital will fund operational expansion into new cities and heavier commercial vehicle categories, actively unblocking EV adoption for large logistics fleets.
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