# Matter

> Matter is an Ahmedabad-based deep-tech mobility and energy company best known for the Aera, India's first geared electric motorcycle. Founded in 2019 by Mohal Lalbhai and a team of engineers, Matter designs and manufactures connected electric two-wheelers with a four-speed manual gearbox and liquid-cooled lithium-ion battery packs, alongside a separate line of stationary and mobility energy-storage products. The company runs its own next-generation factory in the Ahmedabad region and has raised tens of millions in venture funding to scale production of vertically integrated, India-specific EVs.

- **Founded:** 2019
- **Headquarters:** Ahmedabad, Gujarat, India
- **Founders:** Mohal Lalbhai (Founder & CEO), Arun Pratap Singh (Co-Founder), Saran Babu (Co-Founder), Kumar Prasad Telikepalli (Co-Founder & CTO)
- **Team size:** Around 700 employees
- **Products:** Aera (Aera 5000 / Aera 5000+), Matter Energy storage products, In-house battery & BMS
- **Notable:** Developed and launched the Aera, billed as India's first geared electric motorcycle., Inaugurated India's first geared electric motorbike manufacturing facility in the Ahmedabad region, designed to produce over 100,000 (1.2 lakh) bikes a year., Closed a $35M Series B round in 2024 led by Helena at a reported ~$230M valuation.

## Products & services

- **Aera (Aera 5000 / Aera 5000+)** — India's first geared electric motorcycle, featuring a four-speed manual 'HyperShift' gearbox, a liquid-cooled lithium-ion battery pack (around 5 kWh), an 11.5 kW motor, a top speed of roughly 105 km/h, multiple riding modes (Eco, City, Sport), and a 7-inch touchscreen console with 4G connectivity, navigation, calls and alerts.
- **Matter Energy storage products** — A portfolio of lithium-ion energy storage solutions for mobility and stationary applications, including residential, commercial and grid-oriented products, plus a battery-swapping concept aimed at India's two- and three-wheeler ecosystem.
- **In-house battery & BMS** — Vertically integrated lithium-ion battery packs and battery management systems designed and manufactured in-house, with liquid cooling for thermal safety and performance.

## Achievements

- Developed and launched the Aera, billed as India's first geared electric motorcycle.
- Inaugurated India's first geared electric motorbike manufacturing facility in the Ahmedabad region, designed to produce over 100,000 (1.2 lakh) bikes a year.
- Closed a $35M Series B round in 2024 led by Helena at a reported ~$230M valuation.
- Expanded Aera availability from Bengaluru to multiple Indian cities.
- Launched a lithium-ion energy-storage product line and battery-swapping concept at India Energy Storage Week (2022).

## Latest updates

- **2025-07** — Unveiled the Aera 5000+ at around Rs 1.93-1.94 lakh and signaled plans toward a future IPO.
- **2025-04** — Launched/expanded its geared electric bike manufacturing facility in the Ahmedabad region.
- **2024-07** — Raised $35M Series B led by Helena to scale electric motorcycle production.
- **2023-01** — Launched its first electric motorbike, the Aera, with a four-speed gearbox and connected features.

## Links

- Website: https://matter.in
- LinkedIn: https://www.linkedin.com/company/matterindia
- Twitter/X: https://twitter.com/matter_india
- YouTube: https://www.youtube.com/@matterindia
- Instagram: https://www.instagram.com/matter.india
- Facebook: https://facebook.com/MatterIndiaOfficial

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Profile page: https://yespress.io/matter
Published by YesPress — https://yespress.io
Last updated: 2026-06-02