Pune-based mechatronics startup Matel Motion and Energy Solutions has raised Rs 130 crore in a round led by UC Impower, with Narayana Murthy’s family office Catamaran joining as a new investor. Existing backer Transition VC also participated in the funding.Founded in 2017 by Sunil Patel, the former head of Bajaj Auto’s Chetak EV development programme, and Netaji Patro, a former R&D leader at Maruti Suzuki and Bajaj Auto, Matel develops