Energytech startup Exponent Power has opened its first Exponent Gross sales Level (ESP) Retailer in Laggere, Bengaluru.
The outlet will showcase the complete vary of Exponent-enabled three-wheelers and function a one-stop vacation spot for patrons. The shop may also function as a retrofit touchpoint for changing current CNG/LPG passenger three-wheelers into electrical autos.
The startup mentioned the shop creates a direct and handy entry level for auto drivers to discover Exponent-enabled autos, expertise 15-minute fast charging, perceive the retrofit course of, and take check drives. It now goals so as to add as much as 15+ touchpoints throughout town by the tip of FY26.
Thus far, Exponent has launched 5 three-wheelers in partnership with main OEMs akin to Montra Electrical (the Murugappa Group), Kinetic Inexperienced, and others. The shop brings all Exponent-enabled fashions beneath one roof, permitting clients to discover and buy with straightforward financing choices and minimal documentation. Each automobile comes with a five-year guarantee or 3,000 charging cycles. With 0-100% 15-minute fast charging and entry to Exponent’s 70+ charging factors throughout Bengaluru, the corporate goals to make the shift to electrical sensible and hassle-free.
Ayush Bhargava, Head of Enterprise, Exponent Power, mentioned, “Our first ESP retailer offers drivers a firsthand expertise of the complete Exponent ecosystem, from exploring our vary of Exponent-enabled autos to seeing how current autos may be upgraded. This can be a shopping for expertise auto drivers have by no means had earlier than, combining readability, selection and comfort beneath one roof. With this retailer, we’re setting the muse for a sooner, extra accessible EV transition and plan to duplicate this mannequin throughout extra cities quickly. When drivers see how simply they’ll swap to EVs at decrease operating prices, the shift turns into inevitable.”
In November 2025, Exponent Power additionally entered into the EV retrofit enterprise with its newly launched retrofit expertise, Exponent Oto, able to changing any CNG or LPG auto into an electrical automobile in simply 24 hours. Exponent Oto permits drivers to avoid wasting as much as Rs 5,000 each month, even after accounting for charging and EMI prices.
Based in 2020 by ex-Ather executives Arun Vinayak and Sanjay Byalal, the startup has labored on their battery pack (e^pack), charging station (e^pump), and charging connector (e^plug) that collectively unlock a 15-minute fast cost and provides a 3,000 cycle life guarantee for EVs (a brand new business commonplace)—all executed on a variety of inexpensive Li-ion cells.
Exponent has to this point raised a complete of $44.6 million from traders, together with Lightspeed, Eight Roads Ventures, YourNest VC, 3one4 Capital, AdvantEdge VC, and the household workplace of Dr. Pawan Munjal, Chairman & CEO of Hero MotoCorp.