July 28, 2026: Omega Seiki Mobility (OSM) has raised ₹50 crore in a fresh funding round led by Securocorp Securities, along with participation from a group of strategic investors. The capital infusion is expected to support the company’s expansion plans, product development and growing presence in India’s electric mobility market.
Author: Aditya Pareek | EQMint | EQ Exclusive
The latest investment comes as demand for electric commercial vehicles continues to rise, driven by government incentives, fleet electrification and increasing adoption of sustainable transportation solutions.
Key Highlights
- Funding Raised: ₹50 crore
- Lead Investor: Securocorp Securities
- Company: Omega Seiki Mobility
- Sector: Electric Vehicles (EV)
- Purpose: Business expansion, product development and scaling operations
Fund Utilisation
According to the company, the newly raised capital will be deployed to:
- Expand manufacturing and operational capabilities
- Strengthen research and product development
- Accelerate market expansion across India
- Support the launch of new electric mobility solutions
- Enhance working capital requirements
The fundraising is expected to strengthen Omega Seiki Mobility’s position in the fast-growing electric commercial vehicle segment.
Industry Outlook
India’s EV industry continues to attract investor interest as the country pushes towards cleaner transportation. Government policies, improving charging infrastructure and rising demand from logistics and last-mile delivery operators have created significant opportunities for electric vehicle manufacturers.
Omega Seiki Mobility has been expanding its portfolio across electric three-wheelers, commercial vehicles and logistics solutions, positioning itself to benefit from the sector’s long-term growth.
EQMint Analysis
The ₹50 crore funding reflects continued investor confidence in India’s electric mobility ecosystem. For Omega Seiki Mobility, the fresh capital provides additional financial flexibility to scale operations and compete in an increasingly competitive EV market.
Going forward, the company’s execution, product launches and ability to expand market share will be key factors influencing its growth trajectory.
Current View
Omega Seiki Mobility’s latest fundraising strengthens its balance sheet at a time when India’s EV sector is witnessing rapid expansion. Investors and industry participants will closely watch how the company deploys the capital to drive growth and improve its competitive position.
July 22, 2026: Omega Seiki Mobility (OSM), one of India’s fastest-growing electric commercial vehicle manufacturers, has successfully closed its latest strategic funding round, raising an undisclosed amount from investors including Securocorp, Sangeeta, Saket Aggarwal Family Office, and Vanshika Sharma. The funding marks a significant milestone as the company accelerates its expansion plans ahead of its proposed public market journey.
Founded in 2018 by Dr. Uday Narang, Omega Seiki Mobility has spent the last eight years building a manufacturing-first electric mobility company. While several EV startups have struggled with profitability, OSM has focused on sustainable growth, operational efficiency, and scalable manufacturing, positioning itself as one of the few profitable players in India’s commercial EV ecosystem.
The fresh capital will be deployed to expand manufacturing capacity, strengthen its dealer and service network, accelerate research and development, and scale its electric two-, three-, and four-wheeler portfolio. The company also plans to increase its presence across new domestic and international markets while advancing its upcoming electric light commercial vehicle platform.
Speaking on the successful fundraise, Dr. Uday Narang, Founder and Chairman of Omega Seiki Mobility, said, “This investment reflects the confidence investors have in our vision, execution, and long-term strategy. Over the last eight years, we have built a company grounded in manufacturing excellence, innovation, and financial discipline. As India’s EV market enters its next phase of growth, we are committed to delivering sustainable mobility solutions while creating long-term value for all stakeholders.”
Backed by the Anglian Omega Group’s 55-year manufacturing legacy, OSM combines engineering expertise with modern EV technology. The company has built a strong product portfolio across cargo and passenger electric three-wheelers, premium electric two-wheelers, and is preparing to launch its next-generation electric light commercial vehicle. Its growing customer base includes Amazon, Flipkart, Zomato, BigBasket, Porter, Maersk, and Nestlé.
According to the company’s latest financial update, Omega Seiki Mobility reported approximately ₹333 crore in FY26 revenue, achieved ₹7.3 crore in Profit After Tax, and delivered a 7.7% EBITDA margin, making it one of the few EV manufacturers in India to achieve profitability while continuing to scale operations.
An Independent Pre-IPO research report has also highlighted OSM’s strong market position, recognizing its leadership in the electric cargo three-wheeler segment across Delhi and Karnataka while outlining significant growth opportunities as EV adoption accelerates across India.
With commercial EV adoption gaining momentum and investor interest shifting toward companies with proven business fundamentals, Omega Seiki Mobility’s latest funding round reinforces confidence in its manufacturing capabilities, financial discipline, and long-term growth strategy. The company believes this milestone will further strengthen its position as it prepares for the next phase of expansion and its planned IPO journey.
Source : EQMint Research
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Disclaimer: This article is not an investment advice and is for educational purpose only.
