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Matel Motion & Energy Solutions Secures INR 1.3 Billion In Series B Funding
August 03, 2026
Founded in 2017, Pune-based Matel develops motors, motor controllers and integrated powertrains for automotive and industrial uses, including electric vehicles, pumping and cooling systems.
MT Bureau
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Porsche India Introduces 36-Month Assured Buy-Back Programme
August 03, 2026
As per the terms, buyers can secure a guaranteed buy-back valuation of up to 70 percent after a 36-month tenure.
MT Bureau
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Studds Launches Raider Youth Full-Face Helmet At INR 1,175
August 03, 2026
The Raider Youth is an ISI-certified helmet that provides chin and lower-face coverage, moving beyond the open-face helmet designs that have traditionally dominated the youth and small-head-size segments in India.
MT Bureau
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Hero MotoCorp Appoints Anuj Dua To Lead Premium Business Division
August 03, 2026
In his new role, Dua will manage product portfolio expansion, strategic partnerships, retail network development and customer engagement initiatives, including community events and branded merchandise across performance and lifestyle segments.
MT Bureau
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TVS Motor Company Sells 437,394 2Ws In July 2026
August 03, 2026
In the electric vehicle segment, two-wheeler EV sales reached 60,934 units in July 2026, compared to 23,605 units in July 2025, marking a 158 percent growth rate.
MT Bureau
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Bajaj Auto Sells 165,747 2Ws In July 2026
August 03, 2026
The company reported sales of 165,747 two-wheelers last month, which marked a 19 percent YoY growth, as compared to 139,279 units sold a year ago. The exports, on the other hand, saw a robust 42 percent YoY growth from 156,968 units sold last year to 222,
MT Bureau
