Commercial electric vehicle (EV) maker Omega Seiki Mobility (OSM) has raised Rs. ₹50 crore in a funding round co-led by SecuroCorp Securities, Sangeeta Parikh, Saket Agarwal Family Office and Vanshika Sharma.
The newly raised capital will be deployed to expand the company’s manufacturing capabilities, strengthen its research and development (R&D) initiatives, enhance its nationwide dealer and service network and accelerate the introduction of next generation electric mobility solutions.
With manufacturing facilities located in Faridabad and Pune, Omega Seiki Mobility continues to strengthen its presence across multiple EV segments including cargo three-wheelers, passenger electric vehicles, premium electric two-wheelers and electric light commercial vehicles.
The latest funding underlines investors’ confidence in OSM’s long-term growth strategy and supports the company’s vision of scaling sustainable mobility solutions to meet the growing demand for electric transportation in India.
Dr. Uday Narang, Founder and Chairman, Omega Seiki Mobility, said, “This investment reflects investors’ confidence in our vision, execution and long-term strategy. Over the last eight years, we have built a company based on manufacturing excellence, innovation and financial discipline. As India’s EV market enters the next phase of growth, we are committed to providing sustainable mobility solutions while creating long-term value for our customers, partners and investors.”
Established in 2018, Omega Seiki Mobility has built a strong position in India’s commercial EV market through manufacturing excellence, product innovation and sustainable growth.
Dr. Uday Narang is a seasoned entrepreneur with over two decades of experience in automotive manufacturing and global energy trading. An MBA in Finance from Stony Brook University, New York, he founded OSM in 2018 with a vision to build a world-class electric mobility company from India driven by innovation, manufacturing excellence and sustainable growth.
According to the company’s latest financial performance, Omega Seiki Mobility recorded revenues of approximately ₹333 crore in FY26, achieved ₹7.3 crore in profit after tax (PAT), and delivered 7.7% EBITDA margin, underscoring its disciplined growth strategy. Backed by Anglian Omega Group’s 55-year manufacturing heritage, the company today serves leading customers including Amazon, Flipkart, Zomato, BigBasket, Porter, Maersk and Nestle.
According to the recent pre-IPO research report, Omega Seiki Mobility is valued at between ₹1,775 crore and ₹2,833 crore, reflecting its strong position in the electric commercial vehicle segment, improving financial performance and long-term growth potential.