Skip to main content
Caplight Logo









Matter

Matter

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

Last Round

Seed

Mar 14, 2026

Est. Valuation

$230M

Total Funding Raised

$105M

Company Overview

Matter operates in Mobility, Transportation & Logistics and is based in Ahmedabad. Its latest recorded funding round was a Seed round in March 2026.

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, Computing Hardware, Advanced Materials

Business Model

B2C

Customer Profile

Hardware Sales

AI Layer

Application

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

Book a demo

For institutional investors. Book with your work email.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

Book a demo

For institutional investors. Book with your work email.

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%
Book a demo to see all comparables

For institutional investors. Book with your work email.

Matter Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedMar 14, 2026
Series BJul 3, 2024
Series AJun 24, 2022
Book a demo to see all funding rounds

For institutional investors. Book with your work email.

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

For institutional investors. Book with your work email.

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.

Book a demo to see all signals

For institutional investors. Book with your work email.

Recent news

Latest coverage and updates

  • receives_financingAug 25, 2026

    On Aug 25th '26, MATTER Group raises $25M in growth capital anchored by existing investors in India to expand manufacturing and supply-chain capacity, scale distribution, and launch four new electric motorcycles over the next 12–24 months.

  • launchesAug 25, 2026

    MATTER Group plans to launch four new electric motorcycles within the next 12-24 months, with the models built around the AERA platform for different segments of India's electric motorcycle market.

Book a demo to see all news

For institutional investors. Book with your work email.

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.

Book a demo

For institutional investors. Book with your work email.

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, so its shares have no public market price. Caplight tracks Matter's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Matter worth (valuation)?

Matter's valuation is estimated at $230.0M 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.

When was Matter's last funding round?

Matter's most recent funding round was Seed on March 14, 2026.

Who are the main investors in Matter?

Key investors in Matter include Capital 2B, Helena Special Investments.

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 in Matter's shares on secondary markets.

Firmographic Details

HeadquartersAhmedabad
Employee Range514
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.

Book a demo

For institutional investors. Book with your work email.

See something wrong or outdated?