Company details
- Industry
- Electric motors / EV powertrains / Mechatronics
Startup profile
Pune-based Matel Motion & Energy Solutions Pvt Ltd designs and manufactures high-efficiency electric motors, motor controllers and integrated EV powertrains.
Founders
Sunil Patel; Netaji C. Patro
Headquarters
Pune, India
First seen by IVR
4 Aug 2026
From funding to today
Latest
3 Aug 2026
Start
3 Aug 2026
UC Impower
Capital growth
Cumulative / INR Cr
Based on 1 disclosed round reported in INR Cr. Amounts in other units are shown in the timeline but excluded from this cumulative series.
Company dossier
Updated 3 Sept 2026
Pune-based Matel Motion & Energy Solutions Pvt Ltd designs and manufactures high-efficiency electric motors, motor controllers and integrated EV powertrains.
Company details
Founding & leadership
Coverage notes
A compact read of the company record and its linked funding coverage.
₹130 Cr
1 linked article
Source trail
Useful when someone needs to trace where each round detail came from.
Funding article
3 Aug 2026
Funding
IVR has recorded 1 funding event for Transition VC-backed Matel. The latest disclosed event is ₹130 Cr, 3 Aug 2026.
Timeline
Analyst note
This dossier is generated from IVR's current company and funding record. The next research priority is to add primary-source evidence for the operating model, customers, financial performance, and competition.