Hero Cycles - About the company
Hero Cycles is an unfunded company based in Gurugram (India), founded in 1956 by Om Prakash Munjal. It operates as a Manufacturer of bicycles. Hero Cycles has not raised any funding yet. The company has 10 active competitors, including 1 that has exited. Its top competitors include companies like Avon Cycles, Geekay Bikes and Atlas Cycles.
Company Details
- Website
- www.herocycles.com/
- Social
- Email ID
- *****@herocycles.com
- Phone Number
- +91 **********
- Registered Address
- HERO NAGARG T ROAD LUDHIANA, LUDHIANA, Punjab, India, 141003
Key Metrics
Founded Year
1956
Location
Gurugram, India
Stage
Unfunded
Ranked
2nd among 10 active competitors
Annual Revenue
₹1,940Cr as on Mar 31, 2025
Employee Count
73 as on May 31, 2025
Investment & Acquisitions
Legal entities associated with Hero Cycles
Hero Cycles is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HERO CYCLES LIMITED CIN: U35911PB1966PLC002667 , India, Active | Aug 29, 1966 | $230M (As on Mar 31, 2025) | 71 (As on Aug 31, 2025) |
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Hero Cycles's funding and investors
Hero Cycles has not raised any funding rounds yet.
Hero Cycles' founders and board of directors
Founder? Claim ProfileThe founders of Hero Cycles is Om Prakash Munjal.
Here are the details of Hero Cycles' key team members:
- Om Prakash Munjal: Former Co-Founder & Chairman of Hero Cycles. Contact Info: 1 email address
- Rohit Gothi: CEO of Hero Cycles. Contact Info: 1 phone number
View details of Hero Cycles's Founder profiles and Board Members
Hero Cycles' employee count trend
Hero Cycles has 73 employees as of May 25. The total employee count is 3.0% lower than what it was in May 24. Here is Hero Cycles's employee count trend over the years:
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Hero Cycles's Competitors and alternates
Top competitors of Hero Cycles include Avon Cycles, Geekay Bikes and Atlas Cycles. Here is the list of Top 10 competitors of Hero Cycles, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Avon Cycles 1951, Ludhiana (India), Unfunded | Retailer of bicycles, parts, and accessories for various cycling needs | - | - | 47/100 |
2nd |  Hero Cycles 1956, Gurugram (India), Unfunded | Manufacturer of bicycles | - | - | 43/100 |
3rd |  Geekay Bikes 1961, Ludhiana (India), Unfunded | Internet first brand of bicycles and equipments | - | - | 25/100 |
4th |  Atlas Cycles 1950, Sonipat (India), Public | Brand of cycles | - | - | 25/100 |
5th |  Vaux Bicycle Jamnagar (India), Unfunded | Manufacturer of bicycles designed for comfort and durability | - | - | 19/100 |
6th |  Navlakhi Tours & Travels 1992, Mumbai (India), Unfunded | Manufacturer of bicycles for a comfortable ride | - | - | 19/100 |
7th | Manufacturer of custom-built steel frame bicycles and components | - | - | 17/100 | |
8th |  Convolution 2015, Pune (India), Unfunded | Manufacturer of racing bicycles | - | - | 17/100 |
9th | Meenworkscycles.com 2023, Namakkal (India), Unfunded | Manufacturer of sports bicycles | - | - | 16/100 |
10th | Trackpy Cycles 2021, Delhi (India), Unfunded | Online marketplace for bicycles and related accessories | - | - | 16/100 |
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Hero Cycles's Investments and acquisitions
Hero Cycles has made 1 investments in companies including HNF-NICOLAI. Hero Cycles has also acquired 3 companies including Firefox Bikes and Avocet.Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 09, 2020 | Investments | 2008 | Biesenthal (Germany) | |
Sep 18, 2015 | Acquisition | 2004 | Gurugram (India) | |
Aug 12, 2015 | Acquisition | 2009 | Manchester (United Kingdom) |
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News related to Hero Cycles
Filter this list•
Efficacy Worldwide bags Media AOR mandate for Hero CyclesAdgully•Sep 30, 2024•EfficacyWW, Hero Cycles
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Walmart Sourcing Forges Strategic Partnership with Hero Ecotech Ltd. to Boost Resiliency in Bicycle Supply Chain in Time for the HolidaysAsian News International•Dec 12, 2023•Walmart, Heroecotech, Hero Eco, Hero Cycles
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Hero Cycles goes omnichannel with the launch of new D2C e-commerce portalAdgully•Dec 22, 2022•Hero Cycles
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Hero Cycles to open Manchester assembly line, invites partnersCyclingIndustry•Apr 25, 2022•Hero Cycles
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Hero Cycles parent enters joint venture with Yamaha on eBike motorsCyclingIndustry•Nov 01, 2021•Hero Cycles, Yamaha Motor
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Hero Cycles delivers 200 units of Made in India e-Bikes to EuropeCyclingIndustry•Jun 29, 2021•Hero Cycles
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Hero International appoints Jeff Weiss as London-based CEOCyclingIndustry•May 17, 2021•Hero Cycles, Saris
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