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Ahmedabad-based electric motorcycle maker Matter has raised $25 million (around Rs 250 crore) in a growth equity round from existing investors Helena, Capital 2B, Japan Airlines, TransLink Innovation Fund, and the Shakopee Mdewakanton Sioux Community (SMSC). In July 2024, Matter raised the first tranche of $35 million in its Series B round led by US-based […]

The Gujarat-based EV startup has raised USD 25 million and plans new motorcycles based on the existing Aera platform. The latest funding takes Matter’s total capital raised to around Rs 1,000 crore, with over Rs 750 crore already deployed across manufacturing, research and development and market entry. The company says customer waitlists for its Aera