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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Exponent Energy and Altigreen show off the world’s fastest-charging EV; Unacademy-owned Relevel restructures from an education business to a job portal in sign of desperation
Editor's note: On Monday, Bengaluru-based electric vehicle manufacturer Altigreen publicly launched a three-wheeler goods carrier that can charge from 0% to 100% in 15 minutes flat. It calls this the fastest-charging EV in the world—a fact that probably hasn’t received the attention it merits. A little over a year ago, we had written about Exponent Energy, the fast-charging-tech startup that is now powering Altigreen’s latest commercial EV. Founded in 2020 by former Ather chief product officer Arun Vinayak and Sanjay Byalal, another former Ather executive, the company made a pitch that seemed outlandish. Using battery packs with its custom battery management system integrated, and its own fast-charging stations, the founders said it would be able to charge batteries of any size completely in 15 minutes, with no unreasonable cell degradation and in hot Indian conditions. This week, Exponent—along with Altigreen, its first EV manufacturer partner—demonstrated that to the public in a production-ready vehicle that’s already being rolled out to initial customers. At a newly inaugurated Altigreen dealership in north Bengaluru, the company showed a three-wheeler starting from a charge level of 6% …
The online storytelling company is betting that content will be the most sought-after commodity as scores of platforms jump on the microdrama bandwagon. But success will hinge on whether it has a good enough story to draw the audience.
The Bengaluru-based startup has expanded into EV retrofitting and lending after trying to make it as a pure-play charging company. Can it find any takers this time around?
SEBI has lowered the bar for loss-making startups to list. In that context, a company like Zepto redefines the meaning of risk in public market investing.
