Loading company…
Matel develops electric vehicle powertrains, motor controls and high-efficiency industrial motors.
Founded in 2017, Matel supplies electric powertrains, controllers and geartrains for mobility and industrial applications. Its products include powertrains for three-wheelers, motors for multiple vehicle types, battery management systems, and industrial motors and drives. The company is based in Pune, India. In August 2026, it raised INR 1.3 billion in Series B funding led by Unitus Capital, with participation from Catamaran Ventures, Transition Venture Capital and Gruhas Proptech, to expand manufacturing, R&D and product development.
Funding rounds, investors and people for this company come from licensed data. A free account shows the first rows of each section; an approved contribution opens every profile in full.
Sign in