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Clean Mobility

Omega Seiki Mobility Raises ₹50 Crore to Expand EV Manufacturing, R&D and Dealer Network

by
Dr. Uday Narang

New Delhi: Indian electric vehicle manufacturer Omega Seiki Mobility (OSM) has secured ₹50 crore in a fresh funding round from a group of investors, including Securocorp Securities India, Sangeeta Pareekh, the Saket Aggarwal Family Office, and Vanshika Sharma. The company plans to utilize the capital to strengthen its manufacturing capabilities, expand research and development, and … Read more

Simple Energy Raises $26.3 Million, Plans FY28 IPO

by
Suhas Rajkumar, Shreshth Mishra, and Ankit Gupta, co-founders, Simple Energy

Bengaluru-based electric vehicle startup Simple Energy has secured ₹250 crore (approximately $26.3 million) in a fresh funding round as the company accelerates its manufacturing expansion and prepares for a future public listing. The funding round comprised a mix of equity investment and debt financing, providing the electric scooter manufacturer with additional capital to scale production, … Read more