Electric commercial vehicle manufacturer Omega Seiki Mobility raises Rs 50 Cr
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Electric commercial vehicle manufacturer Omega Seiki Mobility (OSM) has raised Rs 50 crore in a funding round from Securocorp Securities, Sangeeta Pareekh, Saket Aggarwal Family Office, and Vanshika Sharma. The proceeds will be used to expand manufacturing capacity, strengthen research and development (R&D), enhance its nationwide dealer and service network, and accelerate the rollout of next-generation electric mobility solutions, OSM said in a press release. Founded in 2018 by Uday Narang, Omega Seiki Mobility is an electric vehicle manufacturer that focuses on commercial electric three-wheelers, two-wheelers, and light trucks for last-mile logistics. It operates under the Anglian Omega Group and has manufacturing facilities in Faridabad and Pune. The Delhi-based company reported approximately Rs 333 crore in revenue in FY26, with Rs 7.3 crore in profit after tax (PAT) and an EBITDA margin of 7.7%. Its customers include Amazon, Flipkart, Zomato, BigBasket, Porter, Maersk, and Nestlé. OSM has a presence in India’s commercial EV market across multiple vehicle categories. The company plans to expand its footprint across cargo three-wheelers, passenger vehicles, premium electric two-wheelers, and electric light commercial vehicles. It has also collaborated with financial institutions and green mobility firms such as cKers Finance and Mufin Green to support retail financing and fleet deployment.
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