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Hero Electric

Transportation · Gurugram, India · Founded 1993

Electric Scooter, Electric Bikes & Two Wheelers in India MoreLess

Hero Electric is a pioneer and market leader in the Indian electric two-wheeler industry, having spearheaded electric mobility in India for over 10 years. The company focuses on delivering ecological two-wheeler solutions that provide excellent value for money. Hero Electric serves a diverse range of consumers across various sectors, emphasizing sustainability and cost-efficiency. The company operates in the electric vehicle market, primarily targeting environmentally-conscious consumers and urban commuters looking for affordable and green transportation options. Hero Electric's business model revolves around the sale of electric scooters and bikes, generating revenue through direct sales, after-sales services, and customer referral programs. The company also engages in promotional activities to encourage existing customers to refer friends and family, offering exciting benefits as incentives. This strategy not only boosts sales but also enhances customer loyalty and brand recognition.

Keywords: electric two-wheelers, eco-friendly mobility, cost-effective transport, market leader, sustainability, urban commuters, electric scooters, customer referrals, value for money, electric vehicle market.

Company overview

Hero Electric company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
1993
Headquarters
Gurugram, India
Employees
758
Open positions
None listed
Dealroom signal
30.8
sub industryVehicle Productionbusiness modelManufacturingbusiness modelMarketplace & ecommercesectorMicromobilitysectorSustainable Development GoalssectorUrban TechsectorClimate TechsectorElectric MobilitysectorEV ManufacturingsectorHard TechindustryTransportationsectorE-Scootersclient focusb2ctechnologyHardware

Valuation & funding

Hero Electric funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Jul 2021 $29M $116M OAKS Asset Management · Gulf Islamic Investments
LATE VCOther financing Dec 2018 $22M $88M Alpha Capital
Showing 2 recorded eventsUnlock the complete deal history →

Growth signals

Hero Electric website traffic

Latest recorded traffic for Hero Electric is 12K monthly website visits, up 160.9% over the last three months. Hero Electric's team declined 3.6% over the past year.

Latest monthly visits12K 3-month web change+160.9% 1-year team growth-3.6%
Monthly website visits101 observations · Jan 2018–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Hero Electric compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Hero Electric's talent

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Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

3 investors on Hero Electric's cap table

Sourced from Dealroom's funding and investor records.

Series A 2 investors entered at this stage
Gulf Islamic Investments
OAKS Asset Management
Series B+ 1 investor entered at this stage
Alpha Capital

Global footprint

Where Hero Electric has talent and traffic

Workforce by country
6 countries with
team presence
🇮🇳 India95.8%
🇵🇰 Pakistan0.9%
🇦🇪 United Arab Emirates0.5%
🇮🇹 Italy0.5%
🇧🇭 Bahrain0.5%
Top 5 of 6 shown

In the news

Latest news about Hero Electric

Recent press, funding announcements, and product moves mentioning Hero Electric — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Hero Electric

An AI-synthesized read of the highest-engagement posts about Hero Electric on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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