Firm Matters
BackKhaitan & Co advised Matel Motion and Energy Solutions Pvt Ltd (Matel), on its Series B funding round of INR 130 crores, led by UC Impower, with Catamaran joining as a new investor and Transition VC continuing its support as an existing investor.
Matel is an Indian technology company which designs and manufactures energy-efficient motors, motor controllers and integrated powertrains for automotive and industrial applications, including electric vehicles, pumping and cooling systems
Deal Team
The core team consisted of Bhavik Narsana (Partner), Shweta Dwivedi (Consultant), Pragya Mishra (Associate) and Sakshi Mehta (Associate).
