Electric vehicle manufacturer Omega Seiki Mobility (OSM) has raised Rs 50 crore in a fresh funding round to accelerate its next phase of growth. 

The investment reflects rising confidence in India’s commercial EV market, where demand is increasing from logistics, e-commerce, and FMCG companies looking to electrify their fleets.

The funding round was backed by Saket Aggarwal Family Office, Securocorp Securities, and angel investors Sangeeta Pareekh and Vanshika Sharma. OSM plans to use the fresh capital to expand its manufacturing capacity, strengthen research and development, enhance its dealer and service network, and speed up the launch of next-generation electric mobility solutions.

Founded in 2018, Omega Seiki Mobility manufactures electric two-wheelers, cargo and passenger three-wheelers, and electric light commercial vehicles. The company operates production facilities in Faridabad and Pune and serves customers across India’s growing commercial EV segment.

The company has also reported strong financial performance. In FY26, OSM recorded Rs 333 crore in revenue, a profit after tax of Rs 7.3 crore, and an EBITDA margin of 7.7%, highlighting its focus on profitable growth alongside expansion.

The latest funding comes at a time when India’s electric commercial vehicle market is gaining momentum, supported by government initiatives such as the PM E-DRIVE scheme and increasing fleet electrification by large businesses. 

With fresh capital in hand, Omega Seiki Mobility aims to strengthen its market presence and capitalise on the growing demand for sustainable transportation solutions.

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