The World Economic Forum (WEF) has announced its prestigious 2025 Technology Pioneers list, recognizing 100 early-stage companies from 28 countries that are driving transformative innovation across a range of industries. Among the ten Indian startups selected this year is Bengaluru-based Exponent Energy, celebrated for its game-changing rapid charging technology for electric vehicles.
About the Technology Pioneers Initiative
Launched in 2000, the WEF Technology Pioneers program identifies and supports startups whose technologies have the potential to reshape industries and address pressing global challenges. Over its 25-year history, the initiative has recognized more than 1,200 companies, including now-household names like Google, PayPal, Dropbox, and SoundCloud. Selected companies benefit from a two-year engagement with the Forum, gaining access to global networks, collaborative opportunities, and participation in high-profile events such as the Annual Meeting of the New Champions.
Exponent Energy: Ultra-Fast Charging for India’s EV Revolution
Exponent Energy stands out for its proprietary charging system, which can charge EV batteries from 0 to 100% in just 15 minutes while guaranteeing a 3,000-cycle life—matching or exceeding industry standards. The company’s technology leverages standard lithium-ion cells and includes:
● e^pack battery: A robust battery pack engineered for extreme fast charging.
● e^pump charger: A rapid charging station that maintains battery health through advanced liquid cooling, keeping temperatures in check even during high-speed charging.
● Battery Management System (BMS) 2.0: Proprietary algorithms reduce lithium plating by 87%, ensuring longevity and safety.
This ecosystem enables ultra-fast, reliable charging for commercial EVs, with over 2,000 vehicles already using Exponent’s technology across major Indian cities like Bengaluru, Delhi NCR, Chennai, Ahmedabad, Kolkata, and Hyderabad.
Strategic Growth and Impact
Founded in 2020 by Arun Vinayak and Sanjay Byalal Jagannath, Exponent Energy has raised $44.6 million from top investors, including Lightspeed Venture Partners, Eight Roads Ventures, YourNest VC, 3one4 Capital, AdvantEdge VC, and the family office of Dr. Pawan Munjal (Hero MotoCorp)8. The company is rapidly scaling its presence, aiming to deploy 1,000 charging stations and support 25,000 EVs by the end of 2025.
India’s Strong Showing on the Global Stage
Exponent Energy is one of ten Indian startups featured in the 2025 Technology Pioneers cohort, reflecting India’s emergence as a global innovation hub. Other Indian honorees include:
● Agnikul – Space launch services
● CynLr – Factory automation robots
● Dezy – AI-powered dental diagnostics
● Digantara – Space surveillance and operations support
● Equal – Identity verification and financial data sharing
● GalaxEye – Multi-sensor Earth observation systems
● SolarSquare – Residential solar panel systems
● The ePlane Co. – Electric air taxis for city transportation
Shaping the Future of Mobility and Technology
Exponent Energy’s recognition by the World Economic Forum highlights its role in advancing EV adoption and sustainable mobility in India and beyond. As part of the Technology Pioneers community, Exponent and its fellow innovators will contribute to global discussions on technology, sustainability, and inclusive growth, helping to shape the future of industries worldwide.
Key Takeaways:
● Exponent Energy joins the WEF 2025 Technology Pioneers list for its breakthrough 15-minute EV charging solution.
● Ten Indian startups made the list, spanning sectors from space tech to AI and clean energy.
● The WEF Technology Pioneers program continues to spotlight startups with the potential to transform industries and tackle global challenges
