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Hero MotoCorp - About the company

Hero MotoCorp is a public company based in Delhi (India), founded in 1984. It operates as a Manufacturer and distributor of motorcycles scooters and electric scooters. The company has 1453 active competitors, including 122 funded and 71 that have exited. Its top competitors include companies like Ather Energy, Gogoro and Oben Electric.

Company Details

Manufacturer and distributor of motorcycles scooters and electric scooters. The company produces a broad portfolio of petrol-powered motorcycles and scooters as well as electric scooters under a dedicated brand. It operates multiple manufacturing facilities and maintains a large network for distribution, servicing, and spare parts support. It conducts research and development through global innovation centers and collaborates on partnerships to co-develop premium and mass-market models. Offerings include integrated supply chain services, aftermarket genuine parts, smart accessory devices, and emerging mobility technologies. The platform emphasizes scalable production, quality compliance, expanding electric vehicle accessibility, and strategic growth across international markets.
Social
XFacebook
Email ID
*****@heromotocorp.com
Phone Number
+91 **********
Registered Address
The Grand Plaza, Plot No. 2 Nelson Mandela Road, Vasant Kunj - Phase, -II, New Delhi, NEW DELHI, Delhi, India, 110070
Key Metrics
Founded Year
1984
Location
Delhi, India
Stage
Public
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
52,511 as on May 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Public

Hero MotoCorp's IPO details

Hero MotoCorp got listed on Apr 11, 2003.
Click here to take a look at Hero MotoCorp's IPO in detail
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Hero MotoCorp's funding and investors

Hero MotoCorp is a funded company. Hero MotoCorp has 2 institutional investors.

Hero MotoCorp's founders and board of directors

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Here are the details of Hero MotoCorp's key team members:

Hero MotoCorp's Board of Directors

Hero MotoCorp's board has 10 active members. Vikram Sitaram Kasbekar and Pawan Munjal are part of team and Rajnish Kumar, Birender Singh Dhanoa, Tina Trikha, Pradeep Dinodia, Camille Miki Tang, Jagmohan Singh Raju, Vasudha Dinodia and Suman Kant Munjal are independent board members.
Here is the list of Hero MotoCorp's board of directors:
Name
Type
Representing
Status
Duration
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Team
-
Current
9y 8m
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Team
-
Past
3y 3m
Independent board member
-
Current
7y 4m
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Independent board member
-
Past
1y 4m
mouyulh
Independent board member
-
Past
2y 6m
tsgczey
Independent board member
-
Past
6y 6m
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Independent board member
-
Past
9y 1m
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Independent board member
-
Past
7y 7m
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Independent board member
-
Past
6y 1m
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Independent board member
-
Past
4y 8m

Hero MotoCorp's employee count trend

Hero MotoCorp has 52,511 employees as of May 25. The total employee count is 4.0% more than what it was in May 24. Here is Hero MotoCorp's employee count trend over the years:
Employee count trend for Hero MotoCorp
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Hero MotoCorp's Competitors and alternates

Top competitors of Hero MotoCorp include Ather Energy, Gogoro and Oben Electric. Here is the list of Top 10 competitors of Hero MotoCorp, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ather Energy
Ather Energy
2013, Bengaluru (India), Public
Manufacturer of smart electric scooters with connected software, charging infrastructure, and ecosystem services
$502M
85/100
2nd
Logo for Gogoro
Gogoro
2011, Taipei (Taiwan), Public
Platform offering electric scooters and operator of battery swapping networks
$765M
77/100
3rd
Logo for Oben Electric
Oben Electric
2020, Bengaluru (India), Series A
Platform offering two wheeler motorcycle products
$37.6M
75/100
4th
Logo for Niu
Niu
2014, Beijing (China), Public
Manufacturer of electric scooters, mopeds, motorcycles, and related accessories
$50M
74/100
5th
Logo for Ultraviolette
Ultraviolette
2016, Bengaluru (India), Series E
Manufacturer of electric motorcycles, components, rider safety equipment, and charging infrastructure
$101M
74/100
6th
Logo for TVS Motor
TVS Motor
1911, Hosur (India), Public
Manufacturer of bikes, scooters, and motorcycles
-
73/100
7th
Logo for BGauss
BGauss
2020, Mumbai (India), Series D
Manufacturer of electric scooters designed for urban and developing environments
$42.7M
71/100
8th
Logo for Hero MotoCorp
Hero MotoCorp
1984, Delhi (India), Public
Manufacturer and distributor of motorcycles scooters and electric scooters
-
71/100
9th
Logo for Zero Motorcycles
Zero Motorcycles
2006, Scotts Valley (United States), Series G
Manufacturer of electric motorcycles, related accessories, and associated merchandise
$584M
69/100
10th
Logo for Segway-Ninebot
Segway-Ninebot
2012, Beijing (China), Series C
Manufacturer of multi-category electric vehicles
$240M
69/100
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Hero MotoCorp's Investments and acquisitions

Hero MotoCorp has not made any acquisitions yet. Hero MotoCorp has made 18 investments.
Here is the list of latest three $investments:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 13, 2026
Investments
2018
Delhi (India)
May 19, 2025
Investments
2018
Chennai (India)
May 08, 2025
Investments
2018
Delhi (India)
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Reports related to Hero MotoCorp

Here is the latest report on Hero MotoCorp's sector:

News related to Hero MotoCorp

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Media has covered Hero MotoCorp for a total of 85 events in the last 1 year, 48 of them have been about company updates and 4 about people movement.
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FAQs about Hero MotoCorp

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