EV startup MATTER raises $25M to scale motorcycle manufacturing and expand models

Ahmedabad-based EV two-wheeler startup MATTER raised $25 million to scale manufacturing, expand distribution, and launch four new motorcycles as India's electric two-wheeler market grows, per YourStory. For builders: the EV two-wheeler market is consolidating around manufacturing and supply-chain efficiency—if you're not capex-heavy and operator-first, become a SaaS backbone for dealer networks, fleet management, or battery traceability.

Source: YourStory ↗