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Mohal Lalbhai

He co-founded Matter, an electric-motorcycle and energy-storage company, in Ahmedabad in 2019, and leads it today as Group CEO.

Manufacturing  /  Matter
2
Versions on record
2026
On record since
Bitcoin
Timestamped
8
Cited sources
Gujarat of Tomorrow
No. 001Manufacturing
Mohal
Lalbhai
He co-founded Matter, an electric-motorcycle and energy-storage company, in Ahmedabad in 2019, and leads it today as Group CEO.
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Gujarat of TomorrowNo. 001
Matter
Founded2019 · Ahmedabad
Raised$63M total (2 rounds)
BackersNot yet on record
Compounding moves
2019 · Co-founded Matter in Ahmedabad with Arun Pratap Singh, Saran Babu and Kumar Prasad Telikepalli
2024 · Inc42-tracked total funding reached $63.00M across 2 rounds
2025 · Inc42-reported FY25 revenue ₹9.9 Cr (FY24: ₹5.9 Cr)
2026 · As Group CEO, Lalbhai said Matter plans to invest $100M over the next three years
Series 2026 · No. 001Verified July 17, 2026 · anchored
Record v2 · 8 sources on record · Last verified 2026-07-18 · Report an error →
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The record

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Company
Matter
Founded
2019 · Ahmedabad
Raised
$63M total (2 rounds)

Sources

Every claim above traces to a published source. These are the ones on file.

  1. Inc42 company profile
  2. Inc42 company profile
  3. Inc42 company profile
  4. Inc42 company profile
  5. Inc42 company profile
  6. Inc42 buzz

Provenance

This record has been revised 2 times. Every version is fingerprinted and timestamped to the Bitcoin blockchain, so what it said, and when it said it, can be proved by anyone without trusting this publication.

Current fingerprint · SHA-256
3f6b3925f2b8d0bda40d5ec2934b010ef2b1c91fd6213cc024187a0e826dfc4a
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v1 · Minted 2026 · 07 · 17

Entered the record from public filings and credible reporting. sha256 240a…aada

Anchored to Bitcoin 2026 · 07 · 18

The current version’s fingerprint is timestamped to the Bitcoin blockchain across 2 versions. Provable, permanent, independent of this site.

Last revised 2026-07-18 · Raised · Full history →

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