Omega Seiki Parent Company Enters EV Financing Biz, To Invest INR 250 Cr In Next three years

Mobility Outlook Bureau
12 Oct 2021
03:50 PM
1 Min Read

The subsidiary will provide attractive finance schemes which will include customised products that will assure peace of mind for OSM customers, deliver financial flexibility and empower them to own their desired vehicle at their convenience.


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The parent company of electric vehicle manufacturer Omega Seiki Mobility (OSM), Anglian Omega Group, on Tuesday, launched a new subsidiary - ‘Anglian Finvest’- the first only electric vehicles financing company in India. Now the customers of OSM can get financial options from Anglian Finvest. Anglian Finvest loan facility is available pan India, and the company has already dispersed INR 10 crore worth of loans. 

The subsidiary will provide attractive finance schemes which will include customised products that will assure peace of mind for OSM customers, deliver financial flexibility and empower them to own their desired vehicle at their convenience. Anglian Finvest will cover a wide range of profiles to meet the demands of a diverse range of Indian customers. 

Read Also: Omega Seiki Mobility Plans INR 100 Crore Investment To Set Up EV Factory In UP

Uday Narang, Chairman, Anglian Omega Group, said, “For the initial phase, we are only financing OSM vehicles, but in the long term we plan to offer loans to other electric vehicle companies.” 

“Anglian Omega group would be investing INR 250 crore in the coming three years, to help bolster this EV revolution. Providing easy financing options is sure to attract customers. 

Following our ideology of not waiting for solutions, but creating them, we are set to get the electric revolution out there, by increasing customer trust in electric cehicles,” added Narang. 

The company plans to add more financiers and structured finance products in future enhancements to provide an unparalleled electric vehicle financing experience to customers from various electric vehicle brands.  

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