No. 001 · Mohal Lalbhai

What this record used to say.

This record has been revised 2 times. Each version is hash-chained to the one before it and anchored to Bitcoin; the values below are shown exactly as they were recorded at the time, not restated after the fact.

Version 2 2026-07-18 Bitcoin attested
  • Raised: $63.00M total across 2 rounds (per Inc42) $63M total (2 rounds)

sha256 3f6b3925f2b8d0bda40d5ec2934b010ef2b1c91fd6213cc024187a0e826dfc4a

Version 1 2026-07-17 Bitcoin attested

Minted

  • Founder: Mohal Lalbhai
  • Company: Matter
  • Founded: 2019 · Ahmedabad
  • Raised: $63.00M total across 2 rounds (per Inc42)
  • Strap: He co-founded Matter, an electric-motorcycle and energy-storage company, in Ahmedabad in 2019, and leads it today as Group CEO.
  • 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

sha256 240ae1d2a5e871e5d643b089319022e923d12e5a08eb48272939225f3dccaada