Startup Originals Team
Introduction
Electric commercial vehicle manufacturer Omega Seiki Mobility (OSM) has secured ₹50 crore in a fresh funding round to accelerate its expansion plans and strengthen its position in India’s rapidly growing electric mobility market.
The investment will help the Delhi-based company expand manufacturing capacity, increase research and development (R&D), strengthen its nationwide sales and service network, and speed up the launch of next-generation electric commercial vehicles. The latest funding comes as demand for electric vehicles continues to grow, driven by rising adoption in logistics, e-commerce, and fleet operations.
What Happened?
Omega Seiki Mobility announced that it has raised ₹50 crore from a group of investors, including Securocorp Securities, Sangeeta Pareekh, Saket Aggarwal Family Office, and Vanshika Sharma.
According to the company, the fresh capital will primarily be used to scale production, invest in advanced vehicle technologies, enhance product development, and expand its dealer and after-sales service network across India.
The company also plans to use the funds to accelerate the rollout of its next generation of electric mobility solutions, strengthening its presence across multiple commercial EV segments.
Key Details
Founded in 2018 by Uday Narang, Omega Seiki Mobility specialises in manufacturing electric commercial vehicles, including electric three-wheelers, electric two-wheelers, and light commercial trucks designed primarily for last-mile logistics and urban transportation.
The company operates under the Anglian Omega Group and currently manufactures vehicles from facilities located in Faridabad and Pune.
For FY26, Omega Seiki Mobility reported approximately ₹333 crore in revenue, while recording a profit after tax (PAT) of ₹7.3 crore. The company also achieved an EBITDA margin of 7.7%, reflecting improving operational performance in a competitive EV market.
Its customer base includes several leading enterprises such as Amazon, Flipkart, Zomato, BigBasket, Porter, Maersk, and Nestlé, highlighting its strong presence in India’s commercial logistics ecosystem.
Beyond manufacturing, Omega Seiki Mobility has partnered with financial institutions and green mobility companies, including cKers Finance and Mufin Green, to improve vehicle financing options and support wider fleet adoption.
Why This Matters
India’s electric commercial vehicle market is witnessing rapid growth as logistics operators, fleet owners, and e-commerce companies increasingly shift towards cleaner and more cost-effective transportation solutions.
Government incentives, stricter emission regulations, rising fuel prices, and expanding charging infrastructure are encouraging businesses to adopt electric vehicles for last-mile deliveries and urban transport.
The fresh funding provides Omega Seiki Mobility with additional resources to increase production, strengthen innovation, and meet the growing demand for electric commercial vehicles across India.
Company Background
Omega Seiki Mobility is a Delhi-based electric vehicle manufacturer focused on sustainable commercial mobility solutions. Since its launch in 2018, the company has built a diverse portfolio covering electric cargo three-wheelers, passenger vehicles, premium electric two-wheelers, and electric light commercial vehicles.
Its vehicles are widely used by logistics companies, fleet operators, and e-commerce businesses that require efficient and environmentally friendly transportation solutions. Through continuous investment in technology and manufacturing, the company has established itself as an emerging player in India’s commercial EV industry.
Industry Impact
The latest investment reflects continued investor confidence in India’s fast-growing electric mobility sector, particularly commercial vehicles where adoption is accelerating faster than many passenger vehicle categories.
Additional manufacturing capacity and stronger research capabilities could enable Omega Seiki Mobility to introduce new products more quickly while improving vehicle performance and affordability. This may also intensify competition among domestic electric commercial vehicle manufacturers as companies race to expand market share.
The expansion is expected to support India’s broader transition towards sustainable transportation while creating opportunities across manufacturing, supply chains, dealership networks, and EV servicing.
Future Plans
Following the funding round, Omega Seiki Mobility plans to expand its footprint across cargo three-wheelers, passenger electric vehicles, premium electric two-wheelers, and electric light commercial vehicles.
The company also intends to strengthen its nationwide dealer and service network while continuing investments in advanced EV technologies and product development. Through strategic partnerships with financing institutions and fleet operators, Omega Seiki Mobility aims to make electric commercial vehicles more accessible to businesses across India.
Conclusion
Omega Seiki Mobility’s ₹50 crore fundraising marks another important step in its growth journey as it expands manufacturing, invests in innovation, and strengthens its nationwide presence. With strong financial performance, an expanding customer base, and growing demand for electric commercial vehicles, the company is well positioned to capitalise on India’s rapidly evolving EV market.
As businesses continue transitioning towards cleaner transportation solutions, Omega Seiki Mobility’s latest investment is expected to support its long-term ambition of becoming a leading player in India’s commercial electric mobility ecosystem.
