Omega Seiki Mobility secures Rs 50 crore in fresh capital to expand retail network to 250 outlets
Electric vehicle manufacturer Omega Seiki Mobility has completed a Rs 50 crore investment round, bringing total funds raised across two tranches to Rs 100 crore.
- Rs 50 crore
- Rs 100 crore
- Rs 333 crore
- 13%
What Happened
The latest equity financing was led by SKG Fund alongside SKG Asset Management's Abhishek Misra, drawing backing from Unistone Capital alongside multiple family offices. This follows an earlier Rs 50 crore financing round that included Securocorp Securities, establishing a combined capital inflow of Rs 100 crore.
Rs 100 crore
Aggregate funds across two recent investment rounds
Rs 333 crore
Annual top line showing 13% year-on-year growth
- Augmenting factory manufacturing capacity and engineering R&D
- Expanding dealer and service infrastructure to 250 touchpoints by FY28
- Accelerating rollouts for upcoming commercial and passenger EV platforms
- Operational groundwork for a planned initial public offering (IPO)
The company recorded roughly Rs 333 crore in revenue for FY26, marking a 13% year-on-year gain. In parallel with top-line growth, the OEM confirmed it achieved positive profit after tax (PAT) results.
Why this matters
The capital injection funds assembly capacity and dealership growth across India prior to a planned stock market listing. Achieving profit after tax positive performance on Rs 333 crore in FY26 revenue strengthens the company's position in electric commercial fleet deployment.
Terms in This Story
- EV
- Electric vehicle, a vehicle powered fully or partly by electricity.
- OTA
- Over-the-air update, a software update delivered remotely to a vehicle.
- ICE
- Internal combustion engine, the conventional petrol or diesel engine type.
A brief summary; details can be imperfect — always verify against the original source.