Omega Seiki Mobility

What Omega Seiki Mobility does

Omega Seiki Mobility (OSM) is an Indian electric vehicle manufacturer founded in 2018 as part of the Anglian Omega Network, designing and producing electric three-wheelers, two-wheelers, and light commercial four-wheelers primarily for the Indian commercial mobility and last-mile logistics market. The company operates four manufacturing facilities — three in Faridabad (Haryana) and one in Pune (Maharashtra) — and offers what it describes as India's widest range of electric three-wheelers, spanning cargo variants (Rage+, Rage+ Qik, Rage+ ATR with swappable battery, Rage+ Frost refrigerated, Rage+ Tipper for municipal waste, and Rage+ NRG extended range), passenger variants (Stream, Stream City, Stream City Qik, Stream NRG, Stream City NRG), the Mopido low-speed and Vextra high-speed electric two-wheelers, and the M1KA and M1KA 1.0 electric light commercial vehicles. Notable technology assets include a swappable-battery architecture deployed through a partnership with Honda Power Pack Energy India (500 stations planned across Bengaluru, Delhi, and Mumbai), the proprietary OSM-GRID logistics management software that powers OSM's UNO Express last-mile delivery service, the SooryaUday solar charging sub-brand, and the Swayamgati autonomous electric three-wheeler featuring LiDAR, GPS, and multi-sensor navigation.

OSM monetizes through three primary revenue streams: one-time hardware sales across its vehicle portfolio (price points ranging from approximately Rs 99,900 for the Vextra to Rs 3.3-3.5 lakh for the Rage+ cargo and Rs 4-4.15 lakh for Swayamgati), usage-based battery-swap fees routed through the Honda partnership, and managed-service revenue from the UNO Express logistics operation active in 100+ Indian cities. Go-to-market combines a 200+ dealer retail network spanning Tier I, II, and III cities, direct enterprise fleet supply agreements (Porter 5,000 EVs, Zyngo 1,500 EVs, MoEVing, LetsTransport), government and municipal procurement, and retail financing partnerships with cKers Finance, Mufin Green, and Grip. In 2025, Japanese automotive supplier Aisin invested USD 150 million in OSM, and the company announced a AED 92 million assembly plant in Jafza, Dubai (expected operational by end of 2025), a new assembly facility in Lagos, Nigeria (announced February 2026), and a Europe-facing operation led by CEO Richard Gerstenberg, marking a transition from a domestic commercial-EV player to a multi-geography EV manufacturer with ecosystem-level infrastructure partnerships.

Name

Omega Seiki Mobility

Legal name

Omega Seiki Mobility

Website

https://omegaseikimobility.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Omega Seiki Mobility is an Indian electric vehicle manufacturer producing three-wheelers, two-wheelers, and light commercial vehicles, serving commercial fleet operators, logistics companies, municipal governments, and individual owner-drivers across India with expanding operations in the UAE, Nigeria, and Europe.

Ownership category

akta.pro rank

Product category

Electric Vehicles (Commercial and Personal Mobility)

NAICS

Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320), Motorcycle, ATV, and All Other Motor Vehicle Dealers (441227)

SIC

Motorcycles, Bicycles & Parts (3751)

akta.pro primary industry

E-scooters & E-mopeds Manufacturing (IMACAOAB)

akta.pro secondary industries

Micro-Mobility & Two-/Three-Wheeler Fleet Leasing/Subscription (E-bikes, E-scooters, E-motorcycles) (TLABAHAI), Last-Mile & Delivery Fleet Rental/Leasing (Vans, Box Trucks, Cargo Bikes) (TLABAHAG), EV Fleet Management & Charging Solutions (THADAKAJ), E-Mobility Controllers, Motors & Drivetrains (Consumer aftermarket/OEM) (CRACASAK)

Keywords

• Electric three-wheelers
• Electric two-wheelers
• Commercial electric vehicles
• Battery swapping infrastructure
• Last-mile logistics

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Electric Vehicle Sales: OSM generates primary revenue from the sale of electric vehicles across three-wheeler (Rage+, Rage+ Qik, Rage+ Frost, Rage+ ATR, Rage+ Tipper, Stream, Stream City, Stream City Qik, Rage+ NRG, Stream NRG, Stream City NRG), two-wheeler (Mopido, Vextra), and four-wheeler (M1KA, M1KA 1.0) segments. Revenue is one-time hardware revenue with varying price points per vehicle model and configuration.
2. Battery Swapping Services: Revenue generated from battery-swapping stations deployed in partnership with Honda Power Pack Energy India. Drivers pay per battery swap rather than purchasing batteries outright, reducing vehicle cost by ~30% and creating recurring usage-based revenue for OSM/honda through swap fees.
3. UNO Express Logistics Services: OSM operates UNO Express, a last-mile logistics service using its own 2 and 3-wheeler EVs, serving e-commerce, food, pharma, and auto parts sectors in 100+ cities. Revenue comes from delivery fees charged to commercial clients and fleet management services.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Omega Seiki Mobility designs, manufactures and sells a wide range of electric vehicles for Indian and emerging markets, including electric three-wheelers (cargo, passenger, refrigerated, tipper, swappable-battery and extended-range variants), electric two-wheelers (Mopido low-speed and Vextra high-speed scooters) and electric light commercial four-wheelers (M1KA, M1KA 1.0). Beyond vehicles, OSM operates a battery-swapping ecosystem (with Honda Power Pack Energy India), runs its own last-mile logistics service (UNO Express) powered by proprietary OSM-GRID software, and offers solar charging solutions (SooryaUday). Products are sold via 200+ dealers and direct B2B fleet agreements to logistics operators and government/municipal buyers.

Product overview

Omega Seiki Mobility (OSM) offers India's widest range of electric vehicles across three, two, and four-wheeler segments, positioning itself as a full mobility solutions provider. The three-wheeler portfolio includes cargo vehicles (Rage+, Rage+ Tipper, Rage+ Qik, Rage+ ATR, Rage+ Frost, Rage+ NRG) and passenger vehicles (Stream, Stream City, Stream City Qik, Stream NRG, Stream City NRG), serving last-mile logistics, municipal, cold chain, and urban transport applications. The two-wheeler lineup includes low-speed (Mopido) and high-speed (Vextra) electric scooters for personal mobility. The four-wheeler range comprises M1KA and M1KA 1.0 electric light commercial vehicles for cargo transport. OSM complements its vehicle portfolio with battery-swapping infrastructure (via Honda partnership), the proprietary OSM-GRID logistics software (UNOXpress), and solar charging solutions (SooryaUday), creating an ecosystem approach to electric mobility.

Differentiator

Problem solved

Functional benefit

Brands

• UNO Express: Last mile logistics services brand operating with 2 and 3 wheelers across 100+ cities in India, expanding to e-commerce, food, auto parts, and pharma segments
• OSM-GRID
• SooryaUday
• Mopido
• Vextra
• Rage+
• Stream
• M1KA
• Swayamgati

Products and services

• Rage+ Tipper Electric three-wheeler cargo vehicle designed for waste collection and municipal applications, featuring hydraulic tipping mechanism, 400 kg payload capacity, and 151 km true range.
• Rage+ Qik Electric three-wheeler cargo vehicle with quick-swappable battery capability, 550 kg payload capacity, and fast charging for commercial delivery operations.
• Rage+ ATR Electric three-wheeler cargo vehicle with swappable battery technology using Honda's e battery-swapping ecosystem, designed to reduce downtime for commercial operators through quick battery exchange.
• Rage+ Frost India's first electric refrigerated three-wheeler designed for cold chain logistics and temperature-sensitive cargo transport, particularly for milk and food distribution.
• Rage+ Flagship electric three-wheeler cargo vehicle with 151 km ARAI range, designed and manufactured in India for last-mile logistics and delivery operations.
• Stream L5M category electric three-wheeler passenger vehicle with seating for driver plus three passengers, featuring 123-160 km range depending on battery configuration, designed for urban commuting and shared mobility.
• Stream City Compact electric three-wheeler passenger vehicle designed for urban commuting, offering comfortable seating and efficient electric mobility for city transport.
• Stream NRG Electric three-wheeler passenger vehicle with extended 300 km range and 15 kWh lithium-ion battery, featuring fast charging capability of 130 km in 40 minutes.
• Stream City Qik Quick-swappable battery variant of Stream City electric passenger three-wheeler for reduced charging downtime in commercial operations.
• Rage+ NRG Extended-range electric three-wheeler cargo vehicle with 251 km range, designed for longer-distance commercial delivery operations.
• Stream City NRG Extended-range variant of Stream City passenger three-wheeler offering extended operational range for urban mobility services.
• Mopido Low-speed electric two-wheeler moped with 25 km/h top speed, 100 km range, and 2.15 kWh battery, designed for personal urban mobility.
• Vextra High-speed electric two-wheeler scooter with 70 km/h top speed, 90-110 km range, 3.45 kWh LMFP battery, and 3 kW BLDC hub motor, marking company's entry into personal mobility segment.
• M1KA Electric light commercial vehicle (LCV) with 5,500 kg GVW, 180 km range, 130 kW motor power, 96.77 kWh LiFePO4 battery, and CCS2 charging standard for urban logistics and cargo transport.
• M1KA 1.0 Compact electric light commercial vehicle with 1-ton payload capacity, 150 km range (NEDC), 38.7 kWh battery, automatic transmission, and water-cooled motor for city delivery operations.
• Swayamgati World's first autonomous electric three-wheeler featuring AI-based autonomy with LiDAR, GPS, obstacle detection, and multi-sensor navigation. Available in passenger (starting Rs 4 lakh) and cargo (Rs 4.15 lakh) versions.
• UNO Express Last-Mile Logistics Service Last-mile logistics service brand operated by OSM, utilizing proprietary OSM-GRID software platform for route optimization, tracking, and delivery management across 2 and 3-wheel electric vehicle fleets serving e-commerce, food delivery, pharma, and auto parts sectors.
• OSM-GRID Logistics Management Platform Proprietary software platform used in UNO Express last-mile logistics operations for route optimization, queuing systems, real-time tracking, cloud-based data processing, and multi-stakeholder coordination across warehousing, cold chain, trucking, and last-mile delivery.

Quantifiable outcome

• Battery swapping reduces vehicle purchase cost by approximately 30% (from Rs 3.3-3.5 lakh to ~Rs 2.2-2.3 lakh), making commercial EV operations more accessible and profitable.
• +4 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core and supporting.

• Honda Power Pack Energy IndiacoreStrategic or Co-development Partner · 10 June 2026Omega Seiki Mobility partnered with Honda Power Pack Energy India to deploy swappable battery technology for OSM's Rage+ cargo electric three-wheelers. Honda Power will establish 500 battery swapping stations across Bengaluru (250), Delhi (150), and Mumbai (100). The battery-swapping model reduces vehicle purchase cost by ~30%, making commercial EV operations more accessible. Honda Power is collaborating with Hindustan Petroleum Corporation and metro rail corporations to strategically locate battery exchangers.
• Ergon LabssupportingTechnology or Integration · 1 January 2025Ergon Labs partnered with Omega Seiki to develop electric three-wheelers as part of OSM's broader product development and technology collaboration strategy.
• PortercoreStrategic or Co-development Partner · 1 November 2022OSM signed a supply agreement with Porter (logistics platform) to supply 5,000 EVs for eco-friendly last-mile delivery. This represents OSM's significant step toward India's net-zero transportation goals.
• Log9 MaterialssupportingTechnology or Integration · 1 July 2022OSM and Log9 unveiled the Rage+ RapidEV Pro electric three-wheeler featuring Log9's RapidX 8000 instacharged batteries (7.7 kWh), providing up to 95 km range with rapid charging. The vehicle was launched in association with MoEVing and LetsTransport.
• ZyngocoreStrategic or Co-development Partner · 1 February 2022OSM partnered with Zyngo, a zero-emission logistics provider, to deploy 1,500 electric cargo three-wheelers for last-mile delivery operations. The partnership included the introduction of a second manufacturing shift at OSM as part of the scaling plan.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Tata Motors (Ace EV): Tata's Ace EV small commercial vehicle and broader commercial EV portfolio overlap with OSM's M1KA LCV line and compete for the same fleet electrification RFPs from logistics and e-commerce customers.
• Bajaj Auto: Bajaj is a dominant 3W incumbent entering electric three-wheelers and electric two-wheelers (Chetak), competing with OSM across both Rage+/Stream and the Vextra personal mobility line.

Direct peers

• Piaggio Vehicles: Piaggio's Ape' E-City and Ape' E-Xtra FX electric three-wheelers compete head-to-head with the Rage+ and Stream lineups in cargo and passenger auto segments across India.
• Atul Auto: Atul Auto manufactures electric and CNG three-wheelers (Atul Mobili, Energie) and competes directly in the Indian passenger and cargo 3W market, including ICE-to-EV replacement buyers.
• Euler Motors: Euler Motors manufactures the HiLoad electric cargo three-wheeler and is a direct competitor in the e-cargo 3W segment, also targeting e-commerce and logistics fleets with similar pricing and payload specifications.
• Altigreen Propulsion Labs: Altigreen's neEV electric cargo three-wheelers target the same urban last-mile delivery use cases as OSM's Rage+ range, with comparable payload, range, and customer profile.
• Ola Electric: Ola Electric is a primary direct competitor for OSM's Vextra e-scooter in the personal electric 2W segment, with much larger scale, brand recognition, and software ecosystem.
• Mahindra Last Mile Mobility: Mahindra's electric 3-wheeler business (Treo, Zor, Yodha) is the largest direct competitor to OSM in India's e-3W cargo and passenger segments, with comparable pricing, distribution, and target customers.

Emerging players

• SUN Mobility: SUN Mobility operates a battery-swapping network for electric 2W and 3W fleets in India, making it a partial competitor and potential collaborator alongside OSM's Honda-led battery swap model.
• Yulu: Yulu operates shared electric two-wheeler fleets with battery-swapping in Indian cities; while focused on shared mobility rather than sales, it is comparable as a micromobility EV operator in the same regulatory and customer ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/OSMobility_IN
• YouTubeyoutube.com/channel/UCtFokZWVsgXMEz2WYxFVbGA?view_as=sub
• Facebookfacebook.com/OmegaSeikiMobility
• LinkedInlinkedin.com/company/omegaseikimobility
• Instagraminstagram.com/omegaseikimobility

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries3 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Omega Seiki Mobility