Hero MotoCorp Launches Accelerator to Boost Mobility Startups

In a strategic move to reshape the future of India’s mobility landscape, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has launched the Hero For Startups (HFS) program.

This initiative is designed to support and scale emerging startups in the mobility sector, offering them the tools and resources needed to bring innovative solutions to the forefront. With the automotive industry undergoing rapid changes, especially in areas like electric mobility and smart transportation, this new program aims to provide a significant boost to startups that are leading the charge in these areas.

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Hero for Startups

Hero For Startups (HFS) is built with a clear vision to foster growth within India’s startup ecosystem. The program will focus on identifying and funding high-potential startups that have the ability to disrupt the automotive industry. Hero MotoCorp has long been a leader in mobility solutions, and this initiative is another step in its mission to drive technology-driven innovation in the sector.

By aligning with Hero MotoCorp’s overarching vision of being the “Future of Mobility,” the program aims to create a thriving environment for technological advancements. The program not only offers financial backing but also provides exclusive access to Hero’s global Research and Development (R&D) facilities, as well as an extensive network of dealers, suppliers, and partners across the automotive ecosystem. This comprehensive support is designed to help startups scale their operations and integrate their innovations into the global market.

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Real-World Impact with Paid Proofs of Concept

One of the key highlights of the HFS program is its focus on paid Proofs of Concept (PoCs). Startups selected for the accelerator will have the opportunity to develop and test their solutions in real-world scenarios, with the potential for their innovations to be integrated into Hero MotoCorp’s product offerings. This not only provides startups with valuable market exposure but also helps them refine their products and solutions, ensuring they are viable on a larger scale.

For startups looking to scale quickly, this is a unique opportunity to work with a global leader in the mobility space and gain access to a vast customer base. Hero MotoCorp’s ability to integrate successful innovations into its product portfolio opens up new avenues for startups to grow and expand their reach.

Empowering India’s Entrepreneurial Spirit

Dr. Pawan Munjal, Executive Chairman of Hero MotoCorp, emphasized that Hero For Startups is more than just a business initiative. It is an opportunity to empower the next generation of Indian entrepreneurs and contribute to the vision of Atmanirbhar Bharat (self-reliant India). In his statement, Dr. Munjal highlighted the program’s potential to create global opportunities for Indian innovators and entrepreneurs.

“We are committed to shaping the future of mobility through collaboration, entrepreneurship, and innovation,” said Dr. Munjal. “Hero For Startups accelerates India’s rise as a global leader and sets new benchmarks for innovation and impact in the mobility sector.”

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Aiming for a Sustainable Future in Mobility

Hero For Startups will also focus on driving sustainability within the mobility sector. The program aims to encourage startups to develop cutting-edge technologies that contribute to a greener, more sustainable future. With the global shift toward electric vehicles and eco-friendly transportation solutions, the HFS program is positioned to play a crucial role in shaping the future of sustainable mobility.

What’s Next for Hero For Startups?

The launch of Hero For Startups marks the beginning of a new chapter in India’s mobility sector. By providing resources, mentorship, and funding, Hero MotoCorp is setting the stage for a new wave of innovation in the automotive space. With several startups already making strides in areas like electric vehicles and smart mobility solutions, the program is set to accelerate the growth of these companies and drive India’s leadership in the global mobility industry.

Hero MotoCorp’s commitment to fostering innovation through this accelerator program reflects the company’s ongoing efforts to stay ahead in an industry that is rapidly evolving. The Hero For Startups (HFS) initiative is not only an exciting opportunity for startups but also a step toward creating a more sustainable, connected, and innovative mobility ecosystem.

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