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Lightspeed led a $13m Series A round in Exponent Energy.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Auto Services

Acquisition

Private

Venture Capital

Domestic

India

Friendly

Minority

Single Bidder

Completed

ev charging infrastructure

Private Equity

Synopsis

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Lightspeed, a private equity firm, led a $13m Series A round in Exponent Energy, an EV charging infrastructure services provider, with participation from YourNest VC, 3one4 Capital & AdvantEdge VC. “Our technology already delivers a seamless charging experience, and with our vehicle partnership in place, we’ll scale-up our production and network presence to 100 e-pump location points per city to deliver freedom and flexibility to our customers. This funding allows us to execute even faster and make 15-min rapid charging the new normal," Arun Vinayak, Exponent Energy Co-Founder and CEO.

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