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In line with Hero MotoCorp’s vision to “Be the Future of Mobility,” the programme aims to foster a tech-driven ecosystem of innovation and talent.
Hero MotoCorp. (File photo)
Hero MotoCorp, the world’s largest maker of motorcycles and scooters, has launched the Hero For Startups (HFS) programme, aimed at reshaping mobility in India and beyond.
The Hero For Startups initiative is designed to identify and fund innovative startups across India with the potential to revolutionise the automotive industry. This initiative aligns with Hero MotoCorp’s vision to “Be the Future of Mobility” and will play a key role in nurturing a tech-driven innovation ecosystem.
Selected startups will gain exclusive access to Hero’s state-of-the-art Research and Development centres in Germany and India, as well as Hero’s vast network of dealers, suppliers, and partners.
Additionally, they will receive valuable mentorship. These startups will also have the chance to work on paid Proofs of Concept (PoCs), with successful PoCs potentially being integrated into Hero’s products, boosting their market exposure and growth.
Dr. Pawan Munjal, Executive Chairman of Hero MotoCorp, said: “Rooted in the vision of our Hon’ble Prime Minister Shri Narendra Modi’s Atmanirbhar Bharat, it is a transformative platform that empowers India to excel on the global stage.”
Key Program Objectives
- Fostering Innovation: Encouraging the development of cutting-edge technologies to reshape the mobility sector.
- Supporting Growth: Helping startups grow by offering resources and support for technology-driven solutions in the automotive industry.
- Sustainability & Long-Term Impact: Focusing on scalable and sustainable innovations to shape the future of mobility.
Key Features of Hero For Startups
- Business Development and Growth: Selected startups can work on paid PoCs with Hero, potentially integrating their solutions into Hero’s product portfolio.
- Technical Support: Startups will have access to Hero’s R&D, manufacturing, and business teams, providing the necessary resources for product development.
- Bootcamps & Capacity Building: Tailored programmes to enhance the technological and operational skills of startups, preparing them for future challenges.
- Mentorship: Startups will receive expert guidance from Hero’s leadership team, helping them scale and make a significant impact on the mobility sector.
The 12-month programme includes a thorough evaluation process, culminating in a showcase where the best startups will present their innovations and explore potential partnerships with Hero MotoCorp.
