EXPONENT ENERGY FUNDING EIGHT ROADS

Happy Friday! Goldman Sachs is likely to increase its stake in SaaS startup MoEngage. This and more in today’s ETtech Morning Dispatch.

Exponent Energy CEO Arun Vinayak told ET that interoperability in charging infrastructure is good, but standardisation is bad.

Energy tech startup Kimbal Technologies will use the funds to expand its current operations and come up with new products, aiming to establish a modern power distribution system to the last mile, Kimbal Technologies said in a statement.

GMR Highways has raised ₹700 crore debt from foreign portfolio investors Zeal Global Opportunities Fund and Nova Global Opportunities Fund to prepay loans raised from Yes Bank. Both invested ₹350 crore each in secured, unlisted, and unrated bonds of...

Siddharth Vora of Prabhudas Lilladher believes that quant funds have significant growth potential in India. The AQUA fund has delivered strong performance, outperforming benchmarks and generating alpha. Its adaptive approach, sector exposures, and s...

Gurmeet Chadha discusses the performance of Bank Nifty, the growth of the MF industry, and the potential in the defence and energy sectors. He highlights the positive outlook for financials, manufacturing, and rate sensitives. He suggests considerin...

Out of 50 stocks, only 5 of them have delivered negative returns in the last one year. Out of these 5 stocks, three stocks belong to one industrial house which faced headwinds early last year. 7 stocks have delivered more than 100 percent return, 4 ...

The latest week saw about 84% of the total capital being deployed in growth- and late-stage startups. Besides Udaan, it included the likes of agritech firm Vegrow, fintech firm Aye Finance and electric vehicle battery tech firm Exponent Energy.

US-based Footpath Ventures is in advanced talks to pick up a stake in Rajasthan Royals, a franchise in the Indian Premier League (IPL). This and more in today’s ETtech Morning Dispatch.

​Existing investors like Lightspeed, YourNest VC, 3one4 Capital, AdvantEdge VC and the family office of Pawan Munjal, executive chairman, Hero MotoCorp, also participated, as did TDK Ventures, a new investor.

While some of the world’s top renewable energy firms are facing financial constraints, a Patna-based company with a unique business model is busy planning a mega expansion.

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.

The precise route map of the corridor will be figured out when the stakeholders meet in the next two months. But a Memorandum of Understanding (MoU) unveiled on the sidelines of the G20 leaders’ meeting shed light on its broader contours — a transit...

​So, Adani Energy Solutions with its rapid growth in seeking assets for transmission and Adani Enterprises with its 50 billion dollar investment that they plan to have over the next few years to set up a 10 million tonne green hydrogen end-to-end su...

Exponent, the maker of electric vehicle batteries that can be fully charged in 15 minutes using its rapid charger, expects to close the round by end of 2023, its chief executive Arun Vinayak said.

Lightspeed Venture Partners announced its maiden bet on an electric vehicle (EV) startup by leading a $13 million funding round in Bengaluru-based fast charging startup Exponent Energy on July 17.

The divestment is part of L&T’s asset-light strategy, which has seen the company exit several non-core assets. The L&T Infrastructure Development Projects Ltd (L&T IDPL) concessions have also been part of that list.

Hero Electric, Ather Energy, Pure EV, Simple Energy, TVS Motor, Oben and Ivoomi are likely to witness private capital inflow, they said, with the larger firms looking to raise around $100-250 million each, while the smaller ones seek about $30-60 mi...

Rising energy prices may force the government to reduce the roads and infrastructure cess once again to limit the impact on the prices of crude derivatives such as petrol and diesel.