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    ITNewspapersThe Economic Times

    Matter Motors raises Rs 82 crore from Japan Airlines & TransLink Innovation Fund, others

    Biju Kumar
    By Biju KumarJune 27, 2024

    Electric motorcycle maker Matter Motors has raised Rs 82 crore in a funding round that saw investments from Japan Airlines & TransLink Innovation Fund and Helena Special Investments Fund, among others.

    The Ahmedabad-based firm issued 1.1 lakh compulsory convertible preference shares at an issue price of Rs 7,320 each for the fundraising, documents filed with the Registrar of Companies showed.

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