About Hero Cycles
Hero Cycles is a company based in Gurugram (India) founded in 1956. The company has 2,472 employees as of April 07, 2024. Hero Cycles has completed 3 acquisitions, including Avocet Sports, Firefox Bikes and MIFA. Hero Cycles offers products and services including Bicycles and Accessories.
- Headquarter Gurugram, India
- Employees 2472 as on 07 Apr, 2024
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Sectors
Industrial Goods & Manufacturing
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Phone
Locked
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Social
Locked
- Legal Name Hero Cycles Ltd
- Jurisdiction Ludhiana, Punjab, India
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Annual Revenue
$246.88 M (USD)-34.14as on Mar 31, 2023
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Net Profit
$4.02 M (USD)-53.28as on Mar 31, 2023
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EBITDA
-$9.36 M (USD)-299.44as on Mar 31, 2023
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Latest Funding Round
Not available
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Investors
Not available
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Employee Count
2472
as on Apr 07, 2024
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Investments & Acquisitions
Avocet Sports
& 2 more
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Products & Services of Hero Cycles
Hero Cycles offers a comprehensive portfolio of products and services, including Bicycles and Accessories.
Various types of bicycles are manufactured and sold for different terrains and users, including mountain, kids', and e-cycles
Accessories such as bags, lights, locks, and covers are provided to enhance the cycling experience
People of Hero Cycles
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Funding Insights of Hero Cycles
Detailed funding history for Hero Cycles
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Investments & Acquisitions by Hero Cycles
Hero Cycles has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Avocet Sports, Firefox Bikes and MIFA.
Investment portfolio details for Hero Cycles
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Retailer of bike for riders
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Locked | Locked | 2009 | Locked | |
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Bicycles are manufactured and distributed from Gurugram, India.
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Locked | Locked | 2004 | Locked | |
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Limited information available
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Locked | Locked | 1995 | Locked |
Complete acquisition details for Hero Cycles
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Financial Statements - Hero Cycles
Detailed financials for Hero Cycles
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Hero Cycles Comparisons
Peer comparison for Hero Cycles
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Competitors of Hero Cycles
Detailed competitors of Hero Cycles
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Latest news on Hero Cycles
Complete news archive for Hero Cycles
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Frequently Asked Questions about Hero Cycles
Hero Cycles was founded in 1956.
Hero Cycles is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
As of Apr 07, 2024, the latest employee count at Hero Cycles is 2,472.
Annual revenue of Hero Cycles is $246.88M as on Mar 31, 2023.
Hero Cycles is identified as the largest bicycle manufacturer in India, having been founded in 1956 and producing over 167 million cycles by 2020. A diverse array of products is offered, including mountain bikes, kids cycles, e-cycles, and accessories, catering to various age groups and terrains. Services such as warranty registration, store locations, and customer support are provided through an extensive network of over 20,000 dealers. Quality is maintained via rigorous testing and innovative designs, serving more than 180 million customers globally with a focus on safety and durability.
Hero Cycles offers Bicycles and Accessories.
Hero Cycles has made 3 acquisitions, including Avocet Sports, Firefox Bikes, and MIFA.