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Matel Motion & Energy Solutions raised Rs 130 crore in a Series B round to scale its energy-efficient motors and EV powertrains, highlighting investor interest in clean tech.
PRIVATEAug 08, 2026•1 day ago
Amount Raised
₹1.3 Billion
Round Type
Series B
IndiaManufacturingEnergyOil And GasRenewable EnergyAutomotive
Description
Matel Motion & Energy Solutions led the week with a Rs 130 crore funding round. The company focuses on energy-efficient motors and EV powertrains. This capital will help scale its industrial and automotive offerings. The funding reflects ongoing investor interest in clean technology.
Company Information
Company
Matel Motion & Energy Solutions
Location
India
About
Matel Motion & Energy Solutions specializes in energy-efficient motors and electric vehicle powertrains. The company focuses on scaling its industrial and automotive offerings to meet growing market demand. With a strong emphasis on sustainability, Matel aims to innovate within the energy sector. Their recent funding round reflects investor confidence in their business model.
Predictive Intelligence
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