Matter funding, investors and company details

Matter is an emerging Automobile - EV startup from Ahmedabad, working in the space of Manufactures electric two-wheelers. Founded by Mohal Lalbhai.

Company: Matter Motor Works Private Limited
Sector: Automobile - EV
Location: Ahmedabad
Founders: Mohal Lalbhai

Company overview

Matter manufactures electric two-wheelers, notably India's first geared electric motorcycle Aera with liquid-cooled batteries, 4-speed gearbox, 7-inch touchscreen connectivity, and high localization using in-house R&D for performance safety and user experience. It operates vertically integrated facilities, expands dealership networks, and develops energy storage solutions to drive sustainable mobility across urban and rural markets.

Funding rounds

Latest round: $ 25.00 Mn (₹237.90 Cr.), 2026-08-25
Past round: $ 10.00 Mn (₹83.36 Cr.), 2024-06-26. Investors: Japan Airlines, Translink Fund, Capital 2B Fund, Helena Special Investments Fund