About Hero Lectro
Hero Lectro is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2020. It offers electric bicycles, cargo e-bikes, and accessories for daily transportation. It operates on a B2C and D2C model. The company has 96 employees. Its website herolectro.com draws about 69 thousand monthly visits. Its Indian entity Lectro E-Mobility Private Limited reported revenue of ₹3.4 Lakh. Hero Lectro offers products and services including E-Cycles, Cargo E-Bikes, and Accessories. Its focus areas include Transportation Tech, Electric Mobility, Bicycles and E-Cycles. Its competitors include EMotorad, eBik and Hornback; 3 of its 3 listed competitors have raised funding.
Company details
Hero Lectro, a division of Firefox Bikes Pvt. Ltd, designs and sells electric cycles including e-bikes and cargo variants with various riding modes like pedelec and throttle. Based in Gurugram, India, they facilitate online bookings, test rides, and store visits. The company targets individual consumers for urban commuting and eco-friendly travel, emphasizing ease of use and maintenance.
- Headquarters Gurugram, India
- Employees 96
- SectorsTransportation, Automotive & Logistics
- Website category Computers Electronics and Technology · Computer Hardware
- Phone•••• ••••
- Website herolectro.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Lectro E-Mobility Private Limited
- Date of Incorporation 25 May, 2017
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹3.4 Lakh
FY 2023 · -20% YoY
- Net Loss-₹12.6 Lakh
FY 2023 · -374% margin
- EBITDA-₹8.2 Lakh
FY 2023 · -244% margin
- Employee Count96
Associated legal entities of Hero Lectro
Hero Lectro is associated with 3 registered companies on The Company Check; the primary company is Lectro E-Mobility Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lectro E-Mobility Private Limited CIN U74110HR2017PTC073812 | Active | 25 May 2017 | Gurugram, Haryana | ₹0.0 Cr | 96 | 3 | View details |
| Firefox Bikes Private Limited CIN U35921HR2004PTC075576 | Active | 25 Oct 2004 | Gurugram, Haryana | ₹55.3 Cr | 60 | 7 | View details |
| Hero Cycles Limited CIN U35911PB1966PLC002667 | Active | 29 Aug 1966 | Ludhiana, Punjab | ₹1,841 Cr | 2,472 | 8 | View details |
Products & Services of Hero Lectro
Hero Lectro offers a comprehensive portfolio of products and services, including E-Cycles, Cargo E-Bikes, and Accessories.
Battery-assisted bikes for efficient urban commuting.
E-bikes designed for carrying loads and daily use.
Items to enhance e-cycle functionality and safety.
Apps and channels of Hero Lectro
its YouTube channel Hero Lectro E-Cycles has 14.5K subscribers and 30 videos.
Videos from Hero Lectro
The most watched videos on Hero Lectro's YouTube channel, Hero Lectro E-Cycles (14.5K subscribers). Click a video to play it here.
More on Hero Lectro E-Cycles.
Board of directors of Lectro E-Mobility Private Limited (Hero Lectro)
Lectro E-Mobility Private Limited is the primary company behind Hero Lectro. The boards of the 3 registered companies of Hero Lectro currently have 9 directors; the longest-serving is Shashi Kant Rai, appointed in 1986. 47 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shashi Kant Rai DIN 00002954 | Managing Director | 13 Jan 1986 | 40 yrs 9 mo | Hero Cycles Limited |
| Pankaj Munjal DIN 00005330 | Director | 16 Sep 2015 | 11 yrs 1 mo | Firefox Bikes Private Limited, Lectro E-Mobility Private Limited, Hero Cycles Limited |
| Aditya Munjal DIN 05349407 | Director | 16 Sep 2015 | 11 yrs 1 mo | Firefox Bikes Private Limited, Lectro E-Mobility Private Limited, Hero Cycles Limited |
| Abhishek Munjal DIN 05355274 | Director | 05 May 2017 | 9 yrs 5 mo | Firefox Bikes Private Limited, Hero Cycles Limited |
| Tarun Vohra DIN 00030470 | Director | 14 Mar 2019 | 7 yrs 7 mo | Hero Cycles Limited |
| Amit Gupta DIN 02990732 | Director | 28 Sep 2020 | 6 yrs | Lectro E-Mobility Private Limited |
| Sriram Sundresan DIN 09484303 | Whole-time director | 10 Feb 2022 | 4 yrs 8 mo | Firefox Bikes Private Limited |
| Freyan Jamshed Desai DIN 00965073 | Director | 04 Mar 2024 | 2 yrs 7 mo | Hero Cycles Limited |
| Ashwani Gautam DIN 10871524 | CEO | 14 Dec 2024 | 1 yr 10 mo | Firefox Bikes Private Limited |
Financials of Hero Lectro
Figures of Lectro E-Mobility Private Limited, the primary company behind Hero Lectro, for FY 2023. Revenue was ₹3.4 Lakh (-20% year on year). Net loss was -₹12.6 Lakh (-374% margin). EBITDA was -₹8.2 Lakh (-244% margin). Revenue has grown at a compounded annual rate of -89% over three years.
- ₹3.4 LakhRevenue · FY 2023 · -20% YoY
- -₹12.6 LakhNet loss · -374% margin
- -₹8.2 LakhEBITDA · -244% margin
- ₹1 LakhPaid-up capital
- 96Employees (provident fund records)
- -89%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Lectro E-Mobility Private Limited are on its company page.
Detailed financial statements for Hero Lectro
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Competitors of Hero Lectro
Hero Lectro has 3 listed competitors in our database, 3 of them funded. They include EMotorad, eBik and Hornback.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| emotorad.com | 2020 | Pune, India | $28.17M | 197 | Electric bicycles and e-bikes are offered via an online platform. | |
| ebik.in | 2017 | Delhi, India | $529,940 | Electric bicycles are manufactured with features for pedal-assisted riding. | ||
| hornback.bike | 2022 | Hyderabad, India | $428,580 | 41 | Foldable electric bicycles are provided by Hornback platform. |
Detailed competitors of Hero Lectro
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Web traffic of Hero Lectro
The website of Hero Lectro (herolectro.com) receives about 69.2K visits a month and ranks #374,367 among all websites worldwide, #1,476 in Computer Hardware.
- Monthly visits69.2K
▼ 8.6% vs previous month
- Unique visitors44.6K
per month
- Global rank#374,367
among all websites
- Category rank#1,476
Computers Electronics and Technology · Computer Hardware
- Bounce rate26%
- Pages per visit3.8
- Average visit1 min 08 sec
- DevicesDesktop 16% · Mobile 84%
Websites whose visitors overlap most with Hero Lectro. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| geekaybikes.com | 100% | 45.4K | #615,294 | View details | |
| instagram.com | 87% | 7.1B | #4 | View details | |
| reddit.com | 85% | 4.4B | #9 | View details | |
| google.com | 81% | 85.8B | #1 | View details | |
| emotorad.com | 73% | 151.1K | #193,554 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for Hero Lectro
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- 16 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Bicycles & Micro-Mobility
3 companies that operate in the same segment as Hero Lectro (Bicycles & Micro-Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycles are manufactured and distributed from Gurugram, India. | 2004 | Gurugram, Haryana, India | USD 7.46 M | 60 | ||
Manufactures electric bikes for eco-friendly short-distance travel in India. | 2020 | Hyderabad, Telangana, India | USD 456.51 K | |||
Manufacturing of bicycles, e-bikes, and automotive components with a focus on global mobility and engineering solutions. | 2017 | Delhi, Delhi, India | USD 31.87 K | 1 |
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Related news about Hero Lectro
Complete news archive for Hero Lectro
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Frequently Asked Questions about Hero Lectro
Hero Lectro was founded in 2020.
Hero Lectro is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Hero Lectro has 96 employees.
The primary company behind Hero Lectro, Lectro E-Mobility Private Limited, reported revenue of ₹3.4 Lakh for FY 2023, down 20% year on year.
Hero Lectro, a division of Firefox Bikes Pvt. Ltd, designs and sells electric cycles including e-bikes and cargo variants with various riding modes like pedelec and throttle. Based in Gurugram, India, they facilitate online bookings, test rides, and store visits. The company targets individual consumers for urban commuting and eco-friendly travel, emphasizing ease of use and maintenance.
Hero Lectro offers E-Cycles, Cargo E-Bikes, and Accessories.
Hero Lectro is associated with 3 legal entities: Lectro E-Mobility Private Limited, Firefox Bikes Private Limited, Hero Cycles Limited.
The legal entities of Hero Lectro currently have 12 directors, including Pankaj Munjal, Aditya Munjal, Sriram Sundresan and others.