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Mobility Solutions Firm Matel Aims for Growth with $4M Funding

Matel's solutions cater to EVs, including 2-wheelers, buses & off-road vehicles

May 20, 2024

/ Gautamee Hazarika
/ Other, Renewable Energy
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Pune-based mobility and energy solutions provider Matel has secured $4 million in Series A financing, spearheaded by Transition VC. Gruhas and Haresh Abichandani, founder of Millenium Semiconductors, also participated in the round.

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Gautamee Hazarika

More articles from Gautamee Hazarika.
electric vehicleGruhasMatelseries A fundingTransition VC
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