Company Directory / Automotive
PrivateFor profitAutomotiveGurugram, Haryana, India
Hero Electric
Hero Electric, a 100% subsidiary of the Hero Group, is a pioneer in the Indian Electric Vehicle Industry.
- Founded
- 1956 70 years ago
- Staff
- 51-100 band, as listed
- Followers
- - on LinkedIn
- Funding
- $3.8B as listed, currency not stated
Set against six million companies
Size
51-100 people: larger than 75% of companies with a size listed
Age
70 years old.
Reach
Website ranked #623,868 in the world for traffic, about 51k visits a month.
What it does
ElectronicsManufacturing
What it is known for
electric bikeselectric vehiclesautomotivemotor vehicle manufacturingb2celectric vehicle performancedigital instrument clustersustainable mobilityled lightingev product lineupdistributionelectric vehicle designelectric vehicle chargingev product innovationelectric cycleselectric vehicle for daily commuting
Funding, as listed
$3.8B currency not stated
- Rounds3
- LatestSeries b, Jul 2021
- Investors4, 2 leading
What the source datasets report. We have not watched these rounds ourselves.
Every detail we hold
Everything the source datasets list about Hero Electric, field by field. Contact details are held but never shown.
The company
- Name
- Hero Electric
- Type
- For profit
- Status
- Private
- Founded
- 1956
- Founders
- Dayanand Munjal
- Industry
- Automotive
- Categories
- Electronics, Manufacturing
Where
- City
- Gurugram
- Region
- Haryana
- Country
- India
- Markets
- Asia-Pacific (APAC)
Size and reach
- Staff band
- 51-100
- Web traffic rank
- #623,868
- Monthly web visits
- 51,151
- Annual revenue
- $122M
Funding, as listed
- Total
- 3,800,000,000 (currency not stated)
- Rounds
- 3
- Latest round
- Series b
- Latest round date
- Jul 2021
- Investors
- 4
- Lead investors
- 2
- Listing status
- private
Classification
- NAICS
- 33639, 336991
- SIC
- 3711
- Keywords
- 16 listed, shown above
About this record
- Sources
- Crunchbase, Apollo
- Last imported
- Sept 2026
Growth, as the source summarises it
Hero Electric may be growing as indicated by several news articles highlighting its activities in the electric vehicle sector. The company is reported to have a transformative electric three-wheeler, suggesting product innovation and expansion into new market segments. Additionally, Hero Electric is part of the broader electric vehicle market in India, which has seen record sales of 965,868 units in the first eight months of CY2023, reflecting a robust demand environment that Hero Electric could be capitalizing on. Furthermore, the company is mentioned in the context of the electric vehicle market's expected growth, with a CAGR of 18.2% by 2030, which could imply a favorable industry trend that may benefit Hero Electric.
Summaries written by the source dataset, not by us, and not checked.
Companies like it
Automotive in India.
From the company datasets we hold (Crunchbase, LinkedIn and Apollo listings), as listed there; 139,726 companies in India and 5,926,251 in all. We hold no contact details for public display. Correct this, or ask for it to be removed.