Electric commercial vehicle manufacturer Omega Seiki Mobility (OSM) has raised ₹50 crore in a funding round from Securocorp Securities, Sangeeta Pareekh, Saket Aggarwal Family Office, and Vanshika Sharma. The fresh capital will be used to expand manufacturing capacity, strengthen research and development (R&D), enhance its nationwide sales and service network, and accelerate the launch of next-generation electric mobility solutions.
The funding comes as India’s commercial electric vehicle (EV) market continues to grow, driven by rising demand for sustainable last-mile logistics and government initiatives promoting cleaner transportation.
Fresh Capital to Boost Manufacturing and Product Development
According to the company, the newly raised funds will support multiple strategic initiatives aimed at scaling operations and expanding its market presence.
Omega Seiki Mobility plans to increase its manufacturing capacity, invest in advanced R&D capabilities, strengthen its dealer and after-sales service network across India, and accelerate the rollout of new electric commercial vehicles.
The investment is expected to help the company meet the growing demand for electric mobility solutions across logistics, e-commerce, and commercial transportation sectors.
Building Electric Vehicles for Last-Mile Logistics
Founded in 2018 by Uday Narang, Omega Seiki Mobility is an electric vehicle manufacturer focused on commercial electric three-wheelers, electric two-wheelers, and light commercial trucks designed for last-mile transportation.
Operating under the Anglian Omega Group, the company manufactures its vehicles from facilities located in Faridabad and Pune.
Its product portfolio caters to logistics operators, fleet owners, and businesses seeking cost-effective and environmentally friendly transportation solutions.
Strong Financial Performance in FY26
Omega Seiki Mobility reported a solid financial performance in FY26, generating approximately ₹333 crore in revenue.
The company also posted a profit after tax (PAT) of ₹7.3 crore, while maintaining an EBITDA margin of 7.7%, reflecting improving operational efficiency alongside business growth.
The financial performance highlights the company’s progress in scaling its commercial EV business amid increasing industry adoption.
Serving Leading Enterprise Customers
Omega Seiki Mobility has built a strong customer base by supplying electric commercial vehicles to several leading companies across logistics, retail, and supply chain sectors.
Its clients include Amazon, Flipkart, Zomato, BigBasket, Porter, Maersk, and Nestlé, demonstrating the growing acceptance of electric vehicles for commercial fleet operations.
The company currently operates across multiple categories of India’s commercial EV market and continues to expand its presence through new product launches.
Expanding Across Multiple EV Segments
Looking ahead, Omega Seiki Mobility plans to strengthen its footprint across cargo electric three-wheelers, passenger electric vehicles, premium electric two-wheelers, and electric light commercial vehicles (e-LCVs).
To improve vehicle accessibility and fleet adoption, the company has also partnered with financing and green mobility firms such as cKers Finance and Mufin Green, enabling easier retail financing and fleet deployment for customers.
These collaborations are expected to support faster EV adoption among businesses and fleet operators across India.
Commercial EV Market Continues to Gain Momentum
India’s commercial electric vehicle sector is witnessing rapid growth as businesses increasingly adopt sustainable transportation solutions to reduce operating costs and carbon emissions.
With fresh funding, expanding manufacturing capabilities, and a growing portfolio of electric commercial vehicles, Omega Seiki Mobility is well positioned to capitalize on this market opportunity. As demand for clean mobility solutions continues to rise, the company aims to strengthen its leadership in India’s evolving commercial EV ecosystem.
