Funding · Mobility & Logistics
Omega Seiki Mobility raises ₹50 crore for expansion
By Startup Enthusiast ·
- Date
- Company
- Omega Seiki Mobility
- What it does
- Electric commercial vehicle manufacturer
- Kind
- Funding
- Amount
- ₹50 Cr
- Stage
- Series A
- Based in
- Delhi
- Founded
- 2018
- Sector
- Mobility & Logistics
What they do
The company manufactures electric three-wheelers, passenger vehicles, and light commercial vehicles for logistics and last-mile delivery
What happened
This ₹50 crore round was co-led by SKG Asset Management and Unistone Capital to scale manufacturing and R&D
Why it matters
The firm is currently evaluating a potential public listing and aims to expand its network to 250 touchpoints by FY28
The details
- Omega Seiki Mobility raised ₹50 crore in a funding round announced on 20 August 2026.
- The round was co-led by Abhishek Misra of SKG Asset Management and Unistone Capital.
- The investment also included participation from the Sanjeev Agarwal and Brijesh Parekh family offices.
- This follows a separate ₹50 crore raise completed by the company in mid-July 2026.
- The company plans to use the capital to increase manufacturing capacity, strengthen R&D, and expand its dealer network.
- Management is actively evaluating a path toward a public listing (IPO) to support long-term growth.
The bigger picture
- The company is scaling its operations to reach 250 touchpoints across India by FY28.
- It reported ₹333 crore in revenue for FY26 and claims to have become profit-after-tax (PAT) positive.
- The company is exploring international expansion, with Africa identified as a key potential market.
About the business
- The company produces electric three-wheelers, passenger vehicles, and light commercial vehicles.
- It serves enterprise customers including Amazon, Flipkart, Zomato, BigBasket, Porter, Maersk, and Nestlé.
- Operations include manufacturing facilities located in Faridabad and Pune.
- The company opened its first overseas manufacturing plant in Jafza, Dubai, in August 2025.
- It operates as part of the Anglian Omega Network, which has a presence in six countries.
What happens next
- Expand dealer and service network to 250 touchpoints by FY28.
- Evaluate potential public market listing.
- Explore international market entry in Africa.
The deal
- Type
- funding
Founders
- Uday Narang, Founder and 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