Indian electric vehicle manufacturer Omega Seiki Mobility (OSM) has raised ₹50 crore in a fresh funding round as it looks to strengthen its manufacturing capabilities, expand research and development, and accelerate the growth of its electric mobility portfolio.

The funding round saw participation from Securocorp Securities India, Sangeeta Pareekh, the Saket Aggarwal Family Office, and Vanshika Sharma. The company plans to deploy the capital across multiple areas, including increasing production capacity, strengthening its R&D capabilities, expanding its dealer and service network, and launching new electric mobility products.

Expanding Manufacturing and R&D Capabilities

Founded in 2018 by Dr. Uday Narang, Omega Seiki Mobility develops and manufactures electric two-wheelers, three-wheelers, and light commercial vehicles. The company currently operates manufacturing facilities in Faridabad and Pune, supporting its growing presence in India’s electric mobility market.

The fresh capital is expected to help OSM scale its manufacturing infrastructure while investing further in product development and technology. The company also aims to expand its nationwide dealer and after-sales service network, an important step toward improving accessibility for customers across different markets.

Strengthening India’s Electric Mobility Ecosystem

OSM is part of the Anglian Omega network, which has operations across India, the United Arab Emirates, Switzerland, Thailand, Japan, and Hong Kong. Through its growing product portfolio, the company is targeting multiple segments of India’s rapidly evolving EV market.

The company has also built a customer base that includes prominent businesses such as Amazon, Flipkart, Zomato, BigBasket, Porter, Maersk, and Nestlé, highlighting the growing adoption of electric vehicles for commercial and last-mile mobility applications.

Strong Financial Performance

Omega Seiki Mobility reported approximately ₹333 crore in revenue for the financial year ended March 2026. It also recorded a profit after tax (PAT) of ₹7.3 crore and an EBITDA margin of 7.7% during the period.

The company’s latest funding comes at a time when India’s EV ecosystem continues to expand, driven by demand for cleaner transportation, last-mile delivery solutions, and more efficient commercial mobility.

Building the Next Phase of Growth

Commenting on the investment, founder and chairman Uday Narang said the funding reflects investor confidence in the company’s vision, execution, and long-term strategy.

With additional capital, Omega Seiki Mobility is positioned to increase production, strengthen its technology capabilities, widen its distribution footprint, and bring new electric mobility solutions to the market. The company’s focus on manufacturing, innovation, and commercial EV applications could further support its growth as India’s transition toward electric transportation gathers momentum.

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