Key Metrics
  • No. of Employees261
  • Founded Year 2019
  • Company StagePrivate Limited Company
  • Total Funding₹642.16 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Matter

Matter is an innovation-intensive start-up creating futuristic electric vehicles platforms and energy storage solutions. They are guided by our vision to be the most dynamic company driving India to a sustainable future. They take pride in leveraging our expertise to create tech-backed solutions to empower every individual with the option to choose superior alternatives.

Business Model

Electric mobility startup Matter invested in research and development of its proprietary technology stack and launched MatterEnergy 1.0—an active liquid-cooled two-wheeler EV battery—well suited to address concerns around active thermal management in electric two-wheelers.

Top Competitors
TO
TorkU34104PN2010PTC135855
OE
Ola ElectricU74999KA2017PTC099619
OK
OkinawaU34103HR2015PTC055420
BL
BlusmartU74999GJ2018PTC104895
EM
Euler MotoU72900DL2015PTC275513
AE
Ather EnergyU40100KA2013PTC093769
Matter Funding Details
Funding Highlights
Latest Funding RoundSeries D
Total Funding Raised₹642.16 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
  • Capital 2B (Info Edge)
Note:

Valuation as of first tranche of latest funding round

Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Matter Financial Details
Financial Highlights
FY 2023-24 Revenue₹5.91 Cr
FY 2023-24 Expenses₹78.97 Cr
FY 2023-24 Profit/Loss-₹73.07 Cr
Net Cash Flow From OperationsNil
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Matter Key People
People Metrics
Current Core Team3
Board Members/Directors4

Core Team

ML
Mohal LalbhaiCo-Founder & CEO
AP
Arun Pratap SinghCo-Founder & COO
KP
Kumar Prasad TelikepalliCo-Founder & CTO

Board Members/Directors

ML
Mohal Lalbhai Director
AP
Arun Pratap Singh Director
DP
Deval Purushottam ParikhDirector
AS
Arvind SahayDirector
Matter Documents

AY - 2019-20

Profit and Loss statement - Matter - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Matter for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Matter - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Matter for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Matter - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Matter for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Matter - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Matter for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Matter - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Matter for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Matter - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Matter for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Matter - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Matter for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Matter - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Matter for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Matter - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Matter for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Matter - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Matter for FY 2023-24
₹249.00 ₹498.00

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