Startup Atlas · Automotive

Matter Motor Works

Matter Motor Works Private Limited Ahmedabad, Gujarat Founded 2019 matter.in ↗

Ahmedabad-based electric motorcycle manufacturer building India's first geared electric motorbike platform (the AERA), alongside a separate energy-storage business (Matter Energy) making lithium-ion battery/BESS products for mobility and grid/stationary applications.

Mohal Lalbhai · Founder & Group CEO Arun Pratap Singh Kumar Prasad Telikepalli Saran Babu
$45 MnTotal funding (tracked)
2Funding rounds
3 Jul 2024Last round

Matter Motor Works: Funding Rounds

Recent Signals

  • 21 Jan 2026 · growth-traction
    Matter plans to invest $100 Mn more over next 3 years source
  • 22 Jun 2025 · financial
    Matter Motors eyes public listing in 3-4 years, targets $200 Mn raise source

News on Matter Motor Works

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FAQs on Matter Motor Works

Who founded Matter Motor Works?

Matter Motor Works was founded by Mohal Lalbhai, Arun Pratap Singh, Kumar Prasad Telikepalli, Saran Babu in 2019.

How much funding has Matter Motor Works raised?

Matter Motor Works has raised $45 Mn across 2 tracked funding round(s), most recently on 2024-07-03. Figures are compiled from cited public sources.

Who are the investors in Matter Motor Works?

Investors in Matter Motor Works include Helena, Capital 2B Fund 1, Japan Airlines & Translink Innovation Fund, Miracle Carriers, Saad Bahwan Investment Management Company (SB Invest), Baring India, Climate Angels Fund.

What does Matter Motor Works do?

Ahmedabad-based electric motorcycle manufacturer building India's first geared electric motorbike platform (the AERA), alongside a separate energy-storage business (Matter Energy) making lithium-ion battery/BESS products for mobility and grid/stationary applications.

Where is Matter Motor Works headquartered?

Matter Motor Works is headquartered in Ahmedabad, Gujarat, India.

What is Matter Motor Works's business model?

Matter Motor Works's core value proposition centers on India's first geared electric motorcycle, Proprietary radial-flux drivetrain, Gearbox for rider control familiar to motorcyclists.

How does Matter Motor Works make money?

Matter Motor Works's cited revenue streams include Sale of AERA electric motorcycles, Sale of stationary energy-storage systems (Matter Energy).

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: inc42.com www.autocarpro.in · Last verified 7 Sep 2026. · Report a correction