HERO ELECTRIC VEHICLES

Hero Electric Vehicles Pvt Ltd is an Indian manufacturer of electric two-wheelers, specializing in electric scooters and bicycles. The company is dedicated to promoting sustainable mobility solutions and plays a significant role in India's shift towards electric transportation. Hero Electric focuses on zero-emission vehicles that cater to last-mile connectivity and urban commuting, providing cost-effective alternatives to traditional vehicles. The product lineup includes models like the Optima ER, a dual battery scooter with a range of 110 km, and the Nyx ER, designed for commercial use with a 100 km range. The Dash model targets performance-oriented buyers, while entry-level scooters are available for first-time electric vehicle adopters. Hero Electric also offers battery and charger solutions, commercial fleet support, and is expanding its retail presence with plans to increase its outlets significantly. The company aims to lead the electric two-wheeler market in India through research and development, focusing on high-speed models and partnerships with battery manufacturers. Hero Electric serves individual commuters, B2B clients, and aligns with government initiatives to promote electric vehicle adoption.

Automotive Gurugram, India Founded 1993 ~252 employees Private · Debt Financing

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Employees
252
-1.2% in the 3 months to Jun 2025
Revenue / employee
$401K
Revenue ~$101M
Total funding
$51.8M
Last round Debt Financing, Jan 2023
12-month attrition
22.5%
Tech: 27%
H1B sponsor
NA

Headcount trend

HERO ELECTRIC VEHICLES went from 388 employees in Jul 2023 to 252 in Jun 2025. Jan to Jun 2025: 2 people joined, 13 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Other137
Engineering54
Sales32
Operations11
Finance6
HR6
Success3
Marketing2

Salaries at HERO ELECTRIC VEHICLES

All salaries

1 salary profiles in India

Pay by level, gender and ethnicity

Funding

  • Jan 2023 · Debt Financing · Klub
  • Jul 2021 · Series B · $2.2B · Gulf Islamic Investments, OAKS
  • Dec 2018 · Series A · $1.6B · Alpha Capital

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HERO ELECTRIC VEHICLES FAQ

How many employees does HERO ELECTRIC VEHICLES have?

HERO ELECTRIC VEHICLES has about 252 employees, down 1.2% over the 3 months to Jun 2025.

What is HERO ELECTRIC VEHICLES's revenue per employee?

HERO ELECTRIC VEHICLES makes about $401K in revenue per employee, based on $101M annual revenue and 252 employees.

How much does HERO ELECTRIC VEHICLES pay?

6figr has 1 salary profile for HERO ELECTRIC VEHICLES in India, with pay broken down by role, level and gender on the HERO ELECTRIC VEHICLES salaries page. See HERO ELECTRIC VEHICLES salaries

How much funding has HERO ELECTRIC VEHICLES raised?

HERO ELECTRIC VEHICLES has raised $51.77M in total funding; its latest round was Debt Financing in Jan 2023.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.