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DateInvestorsAmountRound
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N/A

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$22.0m

Late VC

$29.0m

Series B
Total FundingAUD78.8m

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Hero Electric is a pioneer and market leader in the Indian electric two-wheeler industry, having spearheaded electric mobility in India for over 10 years. The company focuses on delivering ecological two-wheeler solutions that provide excellent value for money. Hero Electric serves a diverse range of consumers across various sectors, emphasizing sustainability and cost-efficiency. The company operates in the electric vehicle market, primarily targeting environmentally-conscious consumers and urban commuters looking for affordable and green transportation options. Hero Electric's business model revolves around the sale of electric scooters and bikes, generating revenue through direct sales, after-sales services, and customer referral programs. The company also engages in promotional activities to encourage existing customers to refer friends and family, offering exciting benefits as incentives. This strategy not only boosts sales but also enhances customer loyalty and brand recognition.

Keywords: electric two-wheelers, eco-friendly mobility, cost-effective transport, market leader, sustainability, urban commuters, electric scooters, customer referrals, value for money, electric vehicle market.

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