PE-VC Fund Investments

Commercial EV maker Omega Seiki Mobility raises Rs.50-Cr

Inc42   the firm  

Delhi-based Omega Seiki Mobility has raised INR 50 crore from the Saket Aggarwal Family Office, Securocorp Securities, Sangeeta Pareekh and Vanshika Sharma.Founded in 2018 by Uday Narang, the firm sells commercial electric three-wheelers, two-wheelers, and light trucks designed for last-mile logistics. The company has manufacturing facilities in Faridabad and Pune.The company plans to use the new funds to expand its manufacturing capacity and strengthen its research and development operations. Additionally, the firm intends to enhance its nationwide dealer and service network and accelerate the rollout of its next-generation electric mobility solutions. The company also aims to expand its footprint across cargo three-wheelers, passenger vehicles, premium electric two-wheelers, and electric light commercial vehicles.

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