Hero Electric
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Organization
Contact Information
Overview
In the year 1956, the foundation of brand Hero was laid by Late Mr. Dayanand Munjal with a vision of providing mobility to millions in India. In the following years, the brand expanded itself enormously in varied fields like Bicycles, Motorcycles, Healthcare, etc. and became the most renowned & trusted name worldwide.
About
Industries
Electronics, Manufacturing
Founded
1956
Employees
51-100
Headquarters locations
India, Asia
Social
N/A
Profile Resume
Hero Electric headquartered in India, Asia, operates in the Electronics, Manufacturing sector. The company focuses on Electronics and has secured $1.2B in funding across 24 round(s). With a team of 51-100 employees, Hero Electric is actively contributing to advancements in Electronics. Their latest funding round, Series B - Hero Electric, raised $29.5M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
3
Investors
2
Lead Investors
0
Total Funding Amount
$51.6M
Details
2
Hero Electric has raised a total of $51.6M in funding over 2 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2020 | Early Stage Venture | |||
| 2021 | Early Stage Venture | 29.5M |
Investors
Hero Electric is funded by 9 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| OAKS Asset Management | - | FUNDING ROUND - OAKS Asset Management | 29.5M |
| Pankaj Gupta | - | FUNDING ROUND - Pankaj Gupta | 29.5M |
| Hero Electric | - | FUNDING ROUND - Hero Electric | 29.5M |
| Gulf Islamic Investments LLC (GII) | - | FUNDING ROUND - Gulf Islamic Investments LLC (GII) | 29.5M |
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