Seiki Mobility, an Anglian Omega Group Company, and Grip, India’s leading
alternative investment platform for retail investors, announced a strategic
partnership for providing lease financing solutions to retail investors.
the partnership, Grip will finance 1,000 units of electric three-wheelers Rage+
Rapid of Omega Seiki Mobility. Both the companies will expand this partnership
to lease a minimum of 5,000 electric vehicles by the end of 2023. Through this deal, Omega Seiki Mobility targets
to cater to the ever-growing demand for electric three-wheelers for last-mile
delivery. Omega Seiki Mobility has an existing order book of over 40,000
commercial electric vehicles.
to the low total cost of ownership, the demand for leasing commercial electric
vehicles is very robust which is further fuelled by ambitious electrification
targets by large e-commerce companies amid the need for lower emissions have
led to an upsurge in demand for electric vehicles. In addition, financing
commercial electric vehicle is significantly beneficial to entire stakeholders.
global commercial vehicle rental and leasing market size was valued at USD
77.42 billion in 2021. The market is projected to grow multi-fold over the next
Seiki Mobility has been growing its product lineup and manufacturing footprint
rapidly in India. OSM has set up large-scale manufacturing facilities in Delhi
NCR and now looking to expand in Pune. The company is a leading last-mile
service provider under its brand “UnoXpress”. Omega Seiki Mobility is currently running its
fleet in 20 cities, doing more than 15 lakh kms per month.
is an investor-first, technology-driven, transparency-focused digital
investment platform for curated non-market linked alternative investment
opportunities across the entire risk-reward spectrum that best cater to an
investor’s wealth creation. So far, Grip Invest has enabled more than 20 Indian
EV players to unlock the next growth phase. The platform has facilitated the
leasing of assets worth INR 125+ crores and enabled 80+ companies such as
BLueTokai,Furlenco, Holisol, Loadshare, ChargeZone, LetsTransport, FabAlley,
etc. to access different channels of growth capital.
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