• The other investors include Sangeeta Pareekh, Saket Aggarwal Family Office, & Vanshika Sharma.

• The fresh capital will be used to expand manufacturing capacity, strengthen research & development, enhance the nationwide dealer & service network, & accelerate the rollout of next-generation electric mobility solutions.

• OSM continues to expand its footprint across cargo 3-wheelers, passenger vehicles, premium electric 2-wheelers, & electric light commercial vehicles.

Commercial electric vehicle (EV) manufacturer, Omega Seiki Mobility (OSM) has raised Rs. 50 crore (500 million) in a funding co-led by Securocorp Securities, Sangeeta Pareekh, Saket Aggarwal Family Office, and Vanshika Sharma.

The fresh capital will be used to expand manufacturing capacity, strengthen research and development (R&D), enhance the nationwide dealer and service network, and accelerate the rollout of next-generation electric mobility solutions.

With production facilities in Faridabad and Pune, OSM continues to expand its footprint across cargo three-wheelers, passenger vehicles, premium electric two-wheelers, and electric light commercial vehicles.

Dr. Uday Narang, Founder & Chairman of Omega Seiki Mobility said, “This investment reflects the confidence investors have in our vision, execution, and long-term strategy. Over the last eight years, we have built a company grounded in manufacturing excellence, innovation, and financial discipline. As India’s EV market enters its next phase of growth, we remain committed to delivering sustainable mobility solutions while creating long-term value for our customers, partners, and investors.”

Founded 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 reported approximately ₹333 crore in FY26 revenue, achieved ₹7.3 crore in Profit After Tax (PAT), and delivered a 7.7% EBITDA margin, underscoring its disciplined growth strategy. Backed by the 55-year manufacturing legacy of the Anglian Omega Group, the company today serves marquee customers including Amazon, Flipkart, Zomato, BigBasket, Porter, Maersk, and Nestlé.

According to a recent pre-IPO research report, Omega Seiki Mobility has been valued in the range of ₹1,775 crore to ₹2,833 crore, reflecting its strong positioning in the electric commercial vehicle segment, improving financial performance, and long-term growth potential.