Skip to main content
Caplight Logo









Matter

Matter

Private
AhmedabadMobility, Transportation & Logisticshttps://www.matter.in/

Last Round

Seed

Mar 14, 2026

Est. Valuation

$230M

Total Funding Raised

$105M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Matter is an automotive company that designs and manufactures electric motorcycles and energy solutions, including vertically integrated battery and powertrain technology.

Sector

Mobility, Transportation & Logistics

Verticals

Electric Vehicles, Clean Transportation, Energy Storage, EV Charging

Business Model

B2C

Customer Profile

Hardware Sales

AI Layer

Application

Keywords

electric motorcyclee-bikeelectric two-wheelerAI-defined vehicleAIDVsoftware-defined vehicleSDVrare-earth-free motorelectric vehicle platformEV powertrainsmart motorcycleconnected vehicleOTA updatesbattery intelligenceEV startup

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Matter Comparables

Compare Matter with similar companies based on industry and business-model similarity.

Matter comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Oben Electric
88%
Ultraviolette
88%
Raptee Energy
86%

Matter Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedMar 14, 2026
Series BJul 3, 2024
Series AJun 24, 2022

Key People

Founding team and executive leadership

Mohal Lalbhai

Chief Executive Officer

Executive Team

Arun Pratap Singh

Chief Operating Officer

Executive Team

Saran Babu

Chief Design Officer

Executive Team

Matter Investors

Notable investors and investment history

Matter investors
InvestorRounds
LetsVenture OnlineSeries B
Capital 2BSeries B, Series A
Helena Special InvestmentsSeries B
Baring Private Equity Partners IndiaSeries B, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 17, 2026

    Partnered with Iontra Inc. for battery intelligence and adaptive charging technology.

  • Jan 27, 2026

    Launched India's first AI-defined vehicle platform.

Recent news

Latest coverage and updates

  • launchesAug 25, 2026

    MATTER Group launched four new electric motorcycles on Sep 5th '26.

  • receives_financingAug 25, 2026

    MATTER Group received financing of $25M in growth capital on Aug 25th '26.

Matter Filings

Explore SEC and related filing metadata, where available.

Matter filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

Filing documents are not displayed on this public page. Request access to learn about available coverage.

Request access

Frequently Asked Questions

Common questions about Matter's valuation, stock price, and market status.

Is Matter a public or private company?

Matter is a private company.

What is the current stock price of Matter?

Matter is a private company with no public stock price. No recent secondary market data is available.

How much is Matter worth (valuation)?

Matter's valuation is estimated at $204.0M based on funding round data.

Can I buy Matter stock?

Matter shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Matter's last funding round?

Matter's most recent funding round was Seed on July 3, 2024.

Who are the main investors in Matter?

Key investors in Matter include Capital 2B.

Will Matter IPO soon?

No public IPO plans have been announced for Matter.

How can I track Matter secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Matter's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersAhmedabad
Employee Range32
Year Founded2019
Last FundingMar 14, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.

See something wrong or outdated?