Matel Raises ₹130 Crore in Series B Led by UC Impower

Pune-based Matel Motion & Energy Solutions has raised ₹130 crore (around $15 million) in a Series B funding round led by UC Impower. The round also saw Catamaran join as a new investor, while existing backer Transition VC participated in the financing. The fresh capital will help the electric mobility technology company expand its manufacturing […]
