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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% …
Parent AceVector is headed for a public market debut next week. As much as 97% of its revenue comes from two businesses. One is already a listed entity, the other a missed opportunity.
After 15 years, more than $550 million in funding and over $200 million in revenue, the cloud kitchen startup must find a way to make a profit and go public. Grover is the man Rebel has chosen for the job.
Elon Musk’s satellite internet promises a new way to get online. How will it coexist with the country's telecom giants?
