# Matel Motion and Energy Solutions Pvt Ltd: Electrical/electronic manufacturing, Pune, India > Matel Motion and Energy Solutions Pvt Ltd: Matel Motion and Energy Solutions Pvt Ltd is a technology company based in Pune, India, specializing in the... Source: https://millionrounds.com/startup/matel-motion-and-energy-solutions-pvt-ltd (Millionrounds; every figure on the page links to its filing or article) India · [Electrical/electronic manufacturing startup](https://millionrounds.com/companies) # Matel Motion and Energy Solutions Pvt Ltd Matel Motion and Energy Solutions Pvt Ltd is a technology company based in Pune, India, specializing in the design and manufacturing of high-efficiency electric motors and EV powertrain systems. Email Funding reported Last round: Series A Electrical/electronic manufacturing Pune, India Follow Matel Motion and Energy Solutions Pvt Ltd and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fstartup%2Fmatel-motion-and-energy-solutions-pvt-ltd) Company summary - **Founded:** 2016 10 years old - **Team:** 100 51 to 200 people - **Funding reported:** 333M as listed, currency not stated - **Last round:** Series A May 2024 How sure we are - ✓ **Listed** We know it exists and what it does - 2 **Funding reported** A company dataset reports a raise - 3 **Observed** A filing or a dated announcement confirms a round No round for Matel Motion and Energy Solutions Pvt Ltd has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology) ## About Matel Motion and Energy Solutions Pvt Ltd Matel Motion and Energy Solutions Pvt Ltd is a technology company based in Pune, India, specializing in the design and manufacturing of high-efficiency electric motors and EV powertrain systems. Founded in 2017, Matel is recognized for its expertise in permanent magnet synchronous motors (PMSM) and energy-efficient technologies, serving a global customer base across various industrial and electric mobility applications. The company's product offerings include IE5 high-efficiency electric motors, PMSM variants such as smart and submersible motors, and comprehensive EV powertrain solutions that integrate motors, controllers, and gearboxes. Matel also provides manufacturing consultancy and customized design services, focusing on energy-saving technologies and tailored solutions for industrial needs. With a commitment to innovation and sustainability, Matel is positioned as a leading player in the Indian motor industry, contributing to advancements in energy-efficient technology. ## What company datasets say Matel Motion and Energy Solutions Pvt Ltd raised Funding, as reported Reported in all **333M** in the source's currency Rounds **1** Last round **Series A** Last round size **13.6M** Last round date **May 2024** Investors listed **3** ## On 4 portfolio pages Investors who name them - [Catamaran](https://millionrounds.com/fund/catamaran) - [Gruhas Proptech](https://millionrounds.com/fund/gruhas) - [UC Impower](https://millionrounds.com/fund/uc-impower) - [Transition VC](https://millionrounds.com/fund/transition-vc) Each firm lists Matel Motion and Energy Solutions Pvt Ltd on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source. ## The company, in detail What they build Known for industrial automation automotive standards electric vehicle components energy-efficient technology permanent magnet ac generators fast-changing speed motors distribution carbon footprint reduction manufacturing local manufacturing thermal management electric vehicle motors motor control units radiator fan motors high-efficiency motors in-house r&d Built with from their website Google Tag Manager Google Cloud Viewport Meta TrustArc Varnish webpack Google Cloud Hosting Priority Hints React Sirvoy +8 more Wix eCommerce WebsiteBuilder Mobile Friendly Lodash Open Graph Google Cloud CDN Google Analytics HTTP/3 - **Sector:** Electrical/electronic manufacturing - **Industry code:** NAICS 33631, 335312, 336320, SIC 3621 - **Region:** Maharashtra - **Revenue:** 4M a year, as listed - **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/matel-motion) ## Electrical/electronic manufacturing in India Startups like it - [**Atomberg Technologies** Mumbai · founded 2012 *Raised*](https://millionrounds.com/company/atomberg-technologies) - [**SFO Technologies** Kochi · founded 1990](https://millionrounds.com/startup/sfo-technologies) - [**Sunwoda Electronic India Pvt Ltd** Noida · founded 2017](https://millionrounds.com/startup/sunwoda-electronic-india-pvt-ltd) - [**Deepak Cables (India) Limited.** Bengaluru · founded 1977](https://millionrounds.com/startup/deepak-cables-india-limited) - [**Keus Smart Home** Hyderabad · founded 2017](https://millionrounds.com/startup/keus-smart-home) - [**Power Engineering (India) Pvt Ltd** Mapusa · founded 1989](https://millionrounds.com/startup/power-engineering-india-pvt-ltd) - [**Newtrace** Bengaluru · founded 2021](https://millionrounds.com/startup/newtrace) - [**Control Z** Gurugram · founded 2020](https://millionrounds.com/startup/control-z) ## Is this your company? 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