# Hero Electric: Electronics, Gurugram, India

> Hero Electric: Hero Electric, a 100% subsidiary of the Hero Group, is a pioneer in the Indian Electric Vehicle Industry. Based in Gurugram, India. Founded 1956.

Source: https://millionrounds.com/startup/hero-electric (Millionrounds; every figure on the page links to its filing or article)

India · [Electronics startup](https://millionrounds.com/companies)

# Hero Electric

Hero Electric, a 100% subsidiary of the Hero Group, is a pioneer in the Indian Electric Vehicle Industry.

Funding reported Last round: Series B

Electronics Gurugram, India

Company summary

- **Founded:** 1956 70 years old
- **Team:** 51 51 to 200 people
- **Funding reported:** 3.8B as listed, currency not stated
- **Last round:** Series B Jul 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Hero Electric has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Hero Electric raised

Funding, as reported

Reported in all **3.8B** in the source's currency

Rounds **3**

Last round **Series B**

Last round date **Jul 2021**

Investors listed **4**

## On 3 portfolio pages

Investors who name them

- [InnoPark Ventures](https://millionrounds.com/fund/innopark-ventures)
- [UBR CAPITAL PRIVATE LIMITED](https://millionrounds.com/fund/ubr-capital-private-limited)
- [Jayesh Parekh](https://millionrounds.com/fund/jayesh-parekh)

Each firm lists Hero Electric on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Electronics in India

Startups like it

- [**Nosh** Bengaluru · founded 2018](https://millionrounds.com/startup/nosh-2)
- [**Tsecond Generation Technology** founded 2014](https://millionrounds.com/startup/tsecond-generation-technology)
- [**Mytrah Mobility (MOZEV)** Bengaluru · founded 2017](https://millionrounds.com/startup/mytrah-mobility-mozev)
- [**Ads Led** founded 2014](https://millionrounds.com/startup/ads-led)
- [**My Ads Mantra Global** founded 2023](https://millionrounds.com/startup/my-ads-mantra-global)
- [**Tesla Controls** founded 2013](https://millionrounds.com/startup/tesla-controls)
- [**Roadpin Technologies** founded 2017](https://millionrounds.com/startup/roadpin-technologies)
- [**solidz.io** Bengaluru · founded 2020](https://millionrounds.com/startup/solidz-io)

## Is this your company?

Add your raise, your deck and your story, and put Hero Electric in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)