VENTURE STUDIO · EST. 2024 · DELHI

Building Ventures that shape the future.

We build, operate, and scale deep-tech and industrial companies from India. Backed by four generations of manufacturing heritage and a network of 3,000+ family businesses across 40+ countries.

ABOUT XPONENTS

We don't fund companies. We build them.

Xponents is a venture studio building deep-tech and industrial companies from India. We originate ideas, validate them in market, capitalize them with strategic capital, and operate them as long-term holdings — across semiconductors, energy, advanced manufacturing, and global trade.

Our edge isn't a fund thesis. It's a four-generation manufacturing heritage, a network of 3,000+ family businesses across 40+ countries, and a refusal to confuse software speed with industrial-scale building.

Read the long story

Our Philosophy

Focused Approach

Concentrated capital in high-conviction sectors. We say no to most things so the few we say yes to compound harder.

Long-term Value

We build companies to operate for decades, not exit in three years. Patient capital is the only kind that compounds.

Global Perspective

Indian innovation, reaching world markets. Our network spans 40+ countries — distribution is built in, not bolted on.

Operator-Led

We've built and run businesses. Every company we touch gets operating leverage from day one — talent, GTM, supply chain, capital.

SJ — SARTH JAIN · DELHI 2025
Founder

Four generations of manufacturing. Built for the next.

I'm Sarth Jain. My family has been building and operating manufacturing businesses for four generations — most recently a pipe manufacturing business exporting to over 40 countries. I started Xponents because India's next chapter won't be written by software-only studios chasing app-economy outcomes. It'll be written by people who understand factories, supply chains, and the unromantic work of compounding industrial value across decades.

Education
Mechanical Engineering · PG, SPJIMR
Network
3,000+ Family Businesses
Legacy Business
Pipe Manufacturing · 40+ Countries
IP Filed
Joint Patent Under Review
Read more about Sarth

Fourteen themes. Four pillars. One thesis.

We concentrate where India has structural advantage and the world has unmet demand — industrial infrastructure, energy transition, frontier technology, and global trade.

01 / Industrial Infrastructure

The factories of tomorrow.

  • Electronics & Semiconductor
  • Digital Factory
  • Ship Building
  • Medical Equipment
02 / Energy & Materials

The transition, built in India.

  • Nuclear Power
  • Hydrogen Economy
  • Bio Plastics
  • Recycling
03 / Frontier Tech

Compute, motion, intelligence.

  • Quantum Computing
  • Robotics
04 / India-to-Global

Indian industry, abroad.

  • Distribution Optimisation
  • Taking Indian Business Global
ACTIVE PROJECTS

Companies under build.

View all initiatives

3W Cargo Electric Vehicle

Sustainable last-mile delivery solutions purpose-built for Indian urban density and load profiles. Pilot fleet operational in Delhi.

PILOT · DELHI

Battery Design & Manufacturing

Advanced energy storage systems for EV, grid, and industrial applications — cell-to-pack capability built domestically.

BUILD PHASE · TEAM 22

Gig Economy Lending Platform

Financial inclusion for India's 30M+ gig workers — alternative-data underwriting, no minimum credit history required.

SCALING · 4.2K BORROWERS / MO
RESEARCH & INSIGHTS

Where we've done the homework.

All research
WHAT WE OFFER

Operating support, end to end.

All services

Business Model Consultation

Strategic planning, unit economics, and go-to-market validation before capital is committed.

Business Networking

Direct introductions across our 3,000+ family business network — distribution, suppliers, capital.

Young Family Office

Wealth preservation, succession planning, and structured deployment for next-generation family wealth.

Strategic M&A

Buy-side and sell-side advisory for mid-market industrial and deep-tech businesses.

What kind of conversation should we have?

Whether you're a founder building, an investor backing, or an owner ready to pass on a business — let's talk.

I'm a founder I'm an investor I'm a business owner
The Index
3W CARGO EV · PILOT LAUNCHED · DELHI Q4 BATTERY MFG · TEAM 8 → 22 · 9 MO GIG LENDING · BORROWERS ↑ 4.2K MoM HANDICRAFT · GMV ↑ ₹2.1Cr BLOCKCHAIN · TESTNET LIVE HYDROGEN · IIT PARTNERSHIP · RESEARCH PHASE INDEX · 5 INITIATIVES · 14 THEMES · 40+ COUNTRIES 3W CARGO EV · PILOT LAUNCHED · DELHI Q4 BATTERY MFG · TEAM 8 → 22 · 9 MO GIG LENDING · BORROWERS ↑ 4.2K MoM HANDICRAFT · GMV ↑ ₹2.1Cr BLOCKCHAIN · TESTNET LIVE HYDROGEN · IIT PARTNERSHIP · RESEARCH PHASE INDEX · 5 INITIATIVES · 14 THEMES · 40+ COUNTRIES