Funding · Mobility & Logistics
Omega Seiki Mobility raises ₹50 Cr from family office and others
By Startup Enthusiast ·
- 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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