When was Hero Lectro founded?

Hero Lectro was founded in 2020.

Where is Hero Lectro located?

Hero Lectro is headquartered in Gurugram, India. It is registered at HERO NAGARG T ROAD LUDHIANA, LUDHIANA, Punjab, India, 141003.

Which legal entities is Hero Lectro associated with?

Hero Lectro is associated with HERO CYCLES LIMITED and 2 others.

How many employees does Hero Lectro have?

As of Jan 31, 2025, Hero Lectro has 2065 employees, reflecting a 3% year-over-year decline in headcount.

Is Hero Lectro a funded company?

Hero Lectro is a funded company, having raised a total of $***** in its 1st and only funding round.

What is the annual revenue of Hero Lectro?

Annual revenue of Hero Lectro is undefined as on Mar 31, 2025.

Where does Hero Lectro rank among its competitors?

Hero Lectro ranks 20th amongst 92 active competitors, of which 14 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was EMotorad, which secured $3.76M in Aug, 2025.

Who are the top competitors of Hero Lectro?

Hero Lectro's top competitors include EMotorad, eBik and Nexzu Mobility. Among them, EMotorad secured the most recent funding round in August, 2025.

Hero Lectro - 2026 Company Profile, Team, Competitors & Financials

Hero Lectro is an unfunded company based in Gurugram (India), founded in 2020. It operates as a Developer of electric bicycles. Hero Lectro has not raised any funding yet. The company has 92 active competitors, including 14 that are funded. Its top competitors include companies like EMotorad, eBik and Nexzu Mobility.

Company Details

Hero Lectro E-Cycles is a developer of electric bicycles. Its features include throttle, pedal, pedelec and cruise control modes, EDU and Li-ion batteries, RFID-based bike locks, Bluetooth app connectivity, integrated tail and headlights. They can be purchased through the website.

Website: www.herolectro.com/
Social
Phone Number: +91 **********
Part Of
Registered Address: HERO NAGARG T ROAD LUDHIANA, LUDHIANA, Punjab, India, 141003

Key Metrics

Founded Year

2020

Location

Gurugram, India

Stage

Unfunded

Ranked

20^th among 92 active competitors

Annual Revenue

undefined as on Mar 31, 2025

Employee Count

2,065 as on Jan 31, 2025

Similar Companies

VanMoof & 1282 more

View Hero Lectro's full profile

Hero Lectro is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
LECTRO E-MOBILITY PRIVATE LIMITED CIN: U74110HR2017PTC073812 , India, Active	May 25, 2017	$0 (As on Mar 31, 2025)	120 (As on Jul 31, 2021)
HERO CYCLES LIMITED CIN: U35911PB1966PLC002667 , India, Active	Aug 29, 1966	$230M (As on Mar 31, 2025)	71 (As on Aug 31, 2025)
FIREFOX BIKES PRIVATE LIMITED CIN: U35921HR2004PTC075576 , India, Active	Oct 25, 2004	$6.54M (As on Mar 31, 2025)	42 (As on Oct 31, 2024)

Hero Lectro has not raised any funding rounds yet.

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

Aditya Munjal: CEO of Hero Lectro. They serve on the board of 1 company.

Hero Lectro's Board of Directors

Hero Lectro's board has 1 active member. Aditya Munjal is part of team.

Here is the list of Hero Lectro's board of directors:

Name	Type	Representing	Status	Duration
hmmilio	Team	-	Current	7y 3m

View details of Hero Lectro's Founder profiles and Board Members

Hero Lectro's employee count trend

Hero Lectro has 2,065 employees as of Jan 25. The total employee count is 3.0% lower than what it was in Jan 24. Here is Hero Lectro's employee count trend over the years:

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Top competitors of Hero Lectro include EMotorad, eBik and Nexzu Mobility. Here is the list of Top 10 competitors of Hero Lectro, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	EMotorad 2020, Pune (India), Series B	Electric vehicle company offering a range of premium e-bikes and accessories	$31.8M	Plentitude, Panthera & 31 others	54/100
2nd	eBik 2017, Delhi (India), Seed	Manufacturer of electric bicycles and mobility solutions for commercial activities	$530K	Social Alpha, LetsVenture & 9 others	44/100
3rd	Nexzu Mobility 2015, Mumbai (India), Seed	Manufacturer of electric bicycles and related parts and accessories for sale	$2M	-	43/100
4th	Hornback 2022, Hyderabad (India), Seed	Plarform offering foldable electric bicycles	$368K	Goolestan Investment, Kittur Family Trust ... & 11 others	43/100
5th	Smartron 2013, Hyderabad (India), Seed	Developer of computing and internet of things (IoT) enabled devices	$15.3M	LCGC, Formula One Promotions And Entertainment ... & 43 others	40/100
6th	VAAN Electric Moto 2018, Kochi (India), Seed	Manufacturer of electric bicycles	$1.05M	Bennett, Coleman, Asian Energy Services & 8 others	35/100
7th	Svitch 2018, Ahmedabad (India), Funding Raised	Manufacturer of premium foldable electric bicycles and related accessories	-	Plus 13 & 1 others	35/100
8th	Epick Bikes 2016, Hyderabad (India), Seed	Developer of electric bicycles	-	Magehold, NSRCEL & 3 others	33/100
9th	Toroid Technologies 2018, Mumbai (India), Unfunded	Developer of electric bicycles	-	-	32/100
10th	Magnes 2016, Mumbai (India), Seed	Manufacturer of electric bicycles	-	Social Alpha, FedEx	32/100
20th	Hero Lectro 2020, Gurugram (India), Unfunded	Developer of electric bicycles	-	-	28/100