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Hero Electric
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Short description

Manufacturer of electric two-wheelers

Founded in 2007
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector micromobility

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters India New Delhi, India
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Updated by at on 02/24/2025

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Date Company
Partnerships
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Date Partner Type
09/02/2020
EV Motors India EV Motors India
Under the partnership, EV Motors will offer advanced battery solutions and charging infrastructure integrated with Hero Electric vehicles to push e-vehicles for last-mile delivery ops.
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Confirmed by EV Motors India
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Investment Rounds
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IPO INFORMATION

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Description

Date Investors Type Amount
12/11/2018 Alpha Capital Alpha Capital (1)
Post-money valuation of
Original amount of the investment was Rs 160 crore; funding will be used to build a second factory.
Growth Equity $22,120,800
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Wide Commercial Availability Products - Retail
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