More than Rs 750 crore of the capital raised so far has been deployed across manufacturing, research and development, and market entry, the startup said. Matter will use the latest funds to expand manufacturing and supply-chain capacity, enhance distribution, and accelerate the launch of new motorcycles.

The company plans to deploy the new capital largely towards expanding its distribution network, manufacturing capacity and product portfolio, as it seeks to establish a larger…

More than Rs 750 crore of the capital raised so far has been deployed across manufacturing, research and development, and market entry, the startup said. Matter will use the…