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Wed, 29 Jul 2026
03:06:02 pm
Wed, 29 Jul 2026
03:06:02 pm
Rudransh Sangwan
Published at: July 29, 2026, 10:58 AM
Synopsis
A commercial electric vehicle manufacturer has raised ₹50 crore in fresh funding to expand manufacturing, accelerate business growth and strengthen its presence in India's fast-growing EV market.
Fresh investment activity continues to strengthen India's electric mobility ecosystem as investors increase their focus on companies developing sustainable transportation solutions for logistics and urban mobility. Rising demand for cleaner transportation, government support for EV adoption and the rapid expansion of e-commerce have created significant opportunities for manufacturers building vehicles for commercial applications.
The latest funding comes at a time when commercial electric vehicles are witnessing strong demand across logistics, cargo transportation and last-mile delivery. Fleet operators are increasingly shifting towards electric mobility to reduce operating costs, while manufacturers continue investing in new technologies, larger production capacities and wider distribution networks to capture the growing market opportunity.
Omega Seiki Mobility has secured ₹50 crore (approximately $5.42 million) in fresh funding to accelerate its expansion plans. The investment was backed by Securocorp Securities, Saket Agarwal, Sangeeta Pareekh and Vanshika Sharma and is expected to support the company's manufacturing expansion, product development and long-term growth strategy in India's rapidly growing commercial EV industry.
The newly raised capital will help Omega Seiki Mobility strengthen its presence in the commercial EV market by expanding operations, improving manufacturing capabilities and introducing new products for cargo and urban transportation. The funding is also expected to support technology development and help the company expand both domestic and international operations.
Founded by Uday Narang, the company has established itself as a specialist in commercial electric vehicles, manufacturing electric three-wheelers, small commercial trucks and refrigerated cargo vehicles designed for logistics, passenger mobility and e-commerce businesses. The latest investment strengthens its ability to scale production while meeting the rising demand for sustainable transport solutions.
| Particular | Details |
|---|---|
| Company | Omega Seiki Mobility |
| Amount Raised | ₹50 crore ($5.42 million) |
| Headquarters | New Delhi |
| Sector | Automobile - EV |
| Founder | Uday Narang |
| Investors | Securocorp Securities, Saket Agarwal, Sangeeta Pareekh, Vanshika Sharma |
Omega Seiki Mobility focuses on manufacturing electric vehicles specifically designed for last-mile logistics and urban transport. Its portfolio includes electric cargo three-wheelers, passenger vehicles, small commercial trucks and refrigerated cargo variants that cater to businesses involved in logistics, e-commerce and urban mobility.
The company operates integrated manufacturing facilities and is backed by the Anglian Omega Group, enabling it to combine engineering expertise with data-driven innovation to develop advanced mobility solutions. Alongside its domestic business, the company has also expanded into international markets and pursued strategic collaborations in emerging mobility technologies, including hydrogen-powered transportation.
| Particular | Information |
|---|---|
| Company Name | Omega Seiki Private Limited |
| Brand | Omega Seiki Mobility |
| Industry | Commercial Electric Vehicles |
| Headquarters | New Delhi |
| Founder | Uday Narang |
| Core Business | Electric vehicles for last-mile logistics and urban transport |
India's commercial EV segment continues to emerge as one of the fastest-growing areas within the automobile industry, supported by favourable government policies, increasing electrification of logistics fleets and the rapid expansion of digital commerce. Businesses are increasingly adopting electric cargo vehicles to improve operational efficiency while reducing fuel and maintenance costs.
The latest funding also reflects rising investor confidence in Indian startups developing next-generation mobility technologies. As demand for sustainable transportation continues to grow, companies with specialised commercial EV products and scalable manufacturing capabilities are expected to play an important role in India's transition towards cleaner mobility solutions.
Omega Seiki Mobility is a New Delhi-based electric vehicle manufacturer specialising in commercial EVs for last-mile logistics and urban transportation. Founded by Uday Narang, the company manufactures electric three-wheelers, small commercial trucks and refrigerated cargo vehicles serving logistics, passenger mobility and e-commerce businesses. It has expanded into international markets while continuing to invest in advanced electric mobility technologies and strategic partnerships.
| Particular | Details |
|---|---|
| Company | Omega Seiki Mobility |
| Founder | Uday Narang |
| Headquarters | New Delhi |
| Industry | Automobile - EV |
| Focus Area | Commercial Electric Vehicles |
| Primary Applications | Logistics, Cargo, Passenger Transport, E-commerce |
Omega Seiki Mobility has raised ₹50 crore (approximately $5.42 million) in its latest funding round.
The funding round included Securocorp Securities, Saket Agarwal, Sangeeta Pareekh and Vanshika Sharma.
The company manufactures commercial electric vehicles, including electric three-wheelers, small commercial trucks and refrigerated cargo vehicles for logistics and urban transportation.
Omega Seiki Mobility was founded by Uday Narang.
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