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Funding · Mobility & Logistics

Omega Seiki Mobility raises ₹50 Cr from family office and others

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Omega Seiki Mobility logo
Date
Company
Omega Seiki Mobility
What it does
Electric vehicle manufacturer
Kind
Funding
Amount
₹50 Cr
Founded
2018
Sector
Mobility & Logistics

What they do

Omega Seiki Mobility makes electric two-wheelers, three-wheelers and trucks for commercial use

What happened

It raised ₹50 Cr ($5.2 Mn) from Saket Aggarwal Family Office, Securocorp Securities and two individuals

Why it matters

The company posted ₹333 Cr revenue and ₹7.3 Cr profit in FY26, and counts Amazon and Flipkart as customers

The details

  • Omega Seiki Mobility raised ₹50 Cr ($5.2 Mn) in a funding round.
  • Investors include Saket Aggarwal Family Office, Securocorp Securities, Sangeeta Pareekh and Vanshika Sharma.
  • The company will use the funds to expand manufacturing capacity and strengthen R&D.
  • It also plans to enhance its nationwide dealer and service network.
  • The funds will help accelerate the rollout of next-gen electric mobility solutions.
  • Omega Seiki Mobility posted ₹333 Cr revenue and ₹7.3 Cr profit in FY26.
  • Its EBITDA margin for FY26 was 7.7%.

The bigger picture

  • India's logistics sector electrification is accelerating, with demand from ecommerce and FMCG companies.
  • Government support through the PM E-DRIVE subsidy is boosting the EV commercial vehicle market.
  • Competitor Euler Motors raised ₹437.5 Cr in March 2026 for expansion, showing strong investor interest in the space.

About the business

  • Omega Seiki Mobility manufactures electric vehicles across two-wheelers, cargo and passenger three-wheelers, and trucks for commercial use.
  • Its EV models include Rage+, Stream and Mopido.
  • The company is part of the Anglian Omega Network, which has more than 20 companies.
  • It operates in India, UAE, Switzerland, Thailand, Japan and Hong Kong.
  • Manufacturing facilities are located in Faridabad and Pune.
  • Customers include Amazon, Flipkart, Zomato, BigBasket, Porter, Maersk and Nestlé.
  • It has collaborations with cKers Finance and Mufin Green for retail financing and fleet deployment.

What happens next

  • Expand manufacturing capacity.
  • Strengthen R&D.
  • Enhance nationwide dealer and service network.
  • Accelerate rollout of next-gen electric mobility solutions.

The deal

Type
funding

Investors

  • Saket Aggarwal Family Office (participated)
  • Securocorp Securities (participated)
  • Sangeeta Pareekh (participated)
  • Vanshika Sharma (participated)

Founders

  • Uday Narang, Chairman

About Omega Seiki Mobility

Product
Electric vehicles for commercial use including three-wheelers, two-wheelers and light trucks such as Rage+, Stream and Mopido models
Customers
Logistics and delivery companies including Amazon, Flipkart, Zomato, BigBasket, Porter, Maersk and Nestlé
How it makes money
B2B electric vehicle manufacturer and seller with dealer network
What sets it apart
Focuses on commercial last-mile logistics with 6-country operational presence
Operations
Manufacturing facilities in Faridabad and Pune; operations in India, UAE, Switzerland, Thailand, Japan and Hong Kong

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