Omega Seiki Mobility raises Rs 50 crore funding
Commercial electric vehicle (EV) manufacturer Omega Seiki Mobility (OSM) has raised an additional Rs 50 crore in funding co-led by Abhishek Misra (SKG Asset Management & SKG Fund), Unistone Capital, Sanjeev Agarwal Family Office, and Brijesh Parekh Family Office.
OSM is expanding into passenger mobility, premium electric two-wheelers, and electric light commercial vehicles, alongside its existing cargo three-wheeler business. These segments are intended to address applications across last-mile logistics, passenger transportation, and commercial mobility.
OSM will use the funds to increase its installed manufacturing capacity, strengthen R&D, expand its dealer and service network, and accelerate the rollout of next-generation electric mobility products. The investment will also help the company evaluate its path toward the public markets.
Earlier this month, OSM raised Rs 50 crore in funding from Securocorp Securities, Sangeeta Pareekh, Saket Aggarwal Family Office, and Vanshika Sharma.
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OSM currently operates 150 touchpoints across India and plans to increase its network to 250 by FY28. The company is also evaluating opportunities outside India, including markets in Africa, as part of its expansion plans.
“This fundraise marks a significant milestone for Omega Seiki Mobility as we move into the next phase of our growth journey. The confidence shown by our investors strongly validates our vision, execution capabilities, and long-term strategy. Over the past eight years, we have built the company on a foundation of manufacturing excellence, innovation, and financial discipline,” said Founder and Chairman Dr Uday Narang.
He added, “We remain focused on building scalable electric mobility solutions that create long-term value for our customers, partners, and investors.”
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