Matter

Ahmedabad-based Matter will be competing with players such as Ola Electric and Ultraviolette in the electric motorbike segment

The feature will allow users to control smart home devices of different brands more easily than ever

Technology startup Matter Energy on Friday said it has entered into a strategic partnership with Luminous Power Technologies in the field of home inverters and stationary applications. The partners will work in the areas of low-voltage stationary energy storage solutions and develop a dual-purpose smart home dock inverter with IoT capabilities, Matter Energy said in a statement. The dock can be used for both mobility and domestic energy storage applications. This lithium-ion battery solution is built on the principles of battery swapping technology to power a two-wheeler and home inverter interchangeably, it added. "With Luminous' extensive presence and distribution network not only in India but also in South-East Asia and South Africa, we are optimistic that our collaboration will enable us to provide dependable and eco-friendly solutions to millions of Indian households," Matter Group Founder and CEO Mohal Lalbhai said. Luminous Power Technologies CEO Preeti Bajaj said Matters' .

TMS Ep330: SEBI on buybacks, BFSI Insight Summit, dairy stocks, Matter

Will Sebi's latest decisions enhance value for shareholders? Why is the RBI Guv worried about cryptocurrencies? Will the dairy sector see margin relief in FY23? What is Matter? All answers here