Startup Originals Team
Electric vehicle manufacturer Omega Seiki Mobility (OSM) has raised an additional ₹50 crore in fresh funding as it looks to accelerate its expansion, strengthen its business operations and increase its presence in international markets.
The latest capital infusion comes within a month of the company’s previous ₹50 crore funding round announced in July. This takes OSM’s recent fundraising activity to ₹100 crore within a short period, highlighting the company’s focus on scaling its electric mobility business.
The new round was led by Abhishek Misra, director at Unistone Capital, with participation from the Sanjeev Agarwal Family Office, Brijesh Parekh Family Office and other investors, according to the latest funding announcement.
What Happened?
Omega Seiki Mobility has secured ₹50 crore in a fresh funding round to support its next stage of expansion.
The company plans to use the capital to strengthen its distribution network, expand its operations and accelerate its international growth strategy. OSM currently has around 150 touchpoints across India and is targeting an increase to 250 touchpoints by FY28.
The latest fundraise follows another ₹50 crore round announced in July. That round was co-led by Securocorp Securities and included participation from Sangeeta Pareekh, Saket Aggarwal Family Office and Vanshika Sharma.
The back-to-back fundraises come as OSM seeks to build manufacturing capacity, strengthen research and development and expand its dealer and service infrastructure.
Key Details of Omega Seiki Mobility’s New Funding
The latest ₹50 crore round is significant because it comes at a time when OSM is moving beyond its existing domestic market and looking at international opportunities.
The company operates across several electric vehicle categories, including cargo three-wheelers, passenger vehicles, premium electric two-wheelers and electric light commercial vehicles.
Its earlier funding round was earmarked for manufacturing expansion, R&D, dealer and service network development and the rollout of next-generation electric mobility products. OSM operates manufacturing facilities in Faridabad and Pune.
The company has also built a customer base across sectors such as e-commerce, food delivery and logistics. Its customers include Amazon, Flipkart, Zomato, BigBasket, Porter, Maersk and Nestlé.
OSM’s Expansion Across India
One of the company’s immediate priorities is expanding its physical network.
OSM currently operates approximately 150 touchpoints across India and plans to increase that figure to 250 by FY28.
For a commercial EV manufacturer, a wider dealer and service network is important because fleet operators and other business customers need access to sales, maintenance, spare parts and after-sales support.
Expanding this network could therefore help OSM improve customer access while supporting sales of its growing EV portfolio.
The company’s previous ₹50 crore fundraise was also specifically aimed at strengthening its nationwide dealer and service network.
From Commercial EVs to a Broader Portfolio
Founded in 2018 by Uday Narang, Omega Seiki Mobility operates under the Anglian Omega Group and focuses heavily on electric mobility for commercial and logistics applications.
The company has expanded its portfolio beyond cargo three-wheelers to include passenger vehicles, premium electric two-wheelers and electric light commercial vehicles.
Its positioning around commercial mobility has allowed OSM to target businesses that use vehicles for last-mile delivery, logistics and transportation.
The company has also worked with financial and mobility partners to support vehicle financing and fleet deployment.
Stronger Financial Performance
OSM’s recent expansion comes alongside positive financial performance.
The company reported approximately ₹333 crore in revenue in FY26, while its profit after tax stood at around ₹7.3 crore. Its EBITDA margin during the year was reported at 7.7%.
These figures are notable because the electric vehicle sector continues to require significant investment in manufacturing, technology, distribution and product development.
The company’s profitability gives it a stronger base from which to invest in expansion while continuing to develop its EV portfolio.
A recent pre-IPO research report also reportedly placed OSM’s valuation range between ₹1,775 crore and ₹2,833 crore.
Why Omega Seiki Mobility’s Funding Matters
The latest funding reflects growing investor interest in India’s electric commercial vehicle market.
Commercial EV adoption is being driven by demand from logistics companies, e-commerce businesses, food delivery platforms and fleet operators looking to reduce operating costs and transition towards cleaner transportation.
For OSM, increasing its manufacturing capabilities and distribution footprint could help it compete more effectively as the commercial EV market becomes increasingly crowded.
The company’s customer relationships with major businesses also provide an important route for deploying electric vehicles at scale.
International Expansion Becomes a New Growth Opportunity
While India remains an important market for Omega Seiki Mobility, the company is now looking to accelerate its international expansion.
The latest funding is expected to support this broader growth strategy as OSM looks beyond its existing domestic footprint.
International markets could provide additional opportunities for electric commercial vehicles, particularly in regions where governments and businesses are increasing their focus on low-emission transportation.
However, international expansion will also require the company to manage regulatory requirements, local partnerships, distribution networks and after-sales infrastructure in each market.
Company Background
Omega Seiki Mobility was founded in 2018 by Uday Narang and is headquartered in New Delhi. The company operates in the electric mobility and logistics segment and is part of the Anglian Omega Group.
Its product portfolio covers electric three-wheelers, electric two-wheelers, passenger vehicles and light commercial vehicles.
The company has manufacturing facilities in Faridabad and Pune and serves businesses across logistics, e-commerce, food delivery and other commercial sectors.
Its customer base includes major companies such as Amazon, Flipkart, Zomato, BigBasket, Porter, Maersk and Nestlé.
Recent Technology Push
OSM has also been working on improving the technology behind its electric vehicles.
In August 2026, the company announced a partnership with ELECTRA AI to integrate battery intelligence technology across its EV portfolio. The partnership is aimed at improving battery performance, efficiency and reliability through advanced battery-management and data capabilities.
This technology push comes as battery performance and lifecycle management become increasingly important factors for commercial EV operators.
For fleet customers, better battery performance can directly affect vehicle uptime, operating costs and overall economics.
Future Plans
Omega Seiki Mobility’s immediate roadmap includes expanding its network from around 150 touchpoints to 250 by FY28, while using fresh capital to support its broader expansion strategy.
The company is also expected to continue investing in manufacturing, R&D, new electric vehicle products and international markets.
Its recent funding activity, improving financial performance and technology partnerships suggest that OSM is preparing for another phase of growth.
Conclusion
The latest ₹50 crore funding raised by Omega Seiki Mobility marks another important step in the company’s expansion journey.
Coming shortly after a separate ₹50 crore fundraise, the new capital gives OSM additional resources to strengthen its operations, expand its network and pursue international opportunities.
With around 150 touchpoints today, a target of 250 by FY28, ₹333 crore in FY26 revenue and a growing commercial EV portfolio, Omega Seiki Mobility is positioning itself for a larger role in India’s electric mobility market.
The company’s ability to scale its manufacturing, technology, distribution and international presence will determine how effectively it can convert this latest funding momentum into long-term growth.
