Single Family Office

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Hero Corporate Service

Hero Corporate Service is a single family office based in New Delhi; the Altss profile covers its classification, headquarters, registration, AUM band, and key...

Hero Corporate Service logo

Hero Corporate Service

Hero Corporate Service is a corporate investor based in New Delhi, India. It has invested in five funds. Its regional focus is Asia.

General information

Firm type

Single Family Office

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

India

City

New Delhi

Corporate office

New Delhi, India

Principals

Sunil Kant Munjal

Founder and Chairman

Shefali Munjal

Executive Director

Suman Kant Munjal

Director

Sector focus

Real EstateIndustrialsPrivate CreditEducation

Frequently asked questions

Who runs investment decisions at Hero Corporate Service?

Sunil Kant Munjal, as Founder and Chairman, ultimately directs the office's capital allocation, with his daughter Shefali Munjal as Executive Director and brother Suman Kant Munjal as a Director on the board. The firm does not publicly name an external CIO or investment committee, consistent with a tightly held single-family office structure where major asset decisions — especially real estate development projects and the BML Munjal University commitment — appear to be made within this family circle.

How is Hero Corporate Service related to Hero MotoCorp?

Hero Corporate Service is the private investment office of Sunil Kant Munjal, while Hero MotoCorp is the publicly listed two-wheeler manufacturer run by his brother Pawan Munjal. The two entities are separate: Hero Corporate Service does not manage the Munjal family's Hero MotoCorp stake or exercise operational control over the listed company, though the underlying wealth that funds the office originated from the same Hero Group industrial base.

What does Hero Corporate Service actually own?

The office's disclosed holdings are predominantly North Indian residential real estate — projects in Gurgaon, Mohali, Ludhiana, and Haridwar — plus the Hero Haridwar Industrial Park. Beyond property, the most significant asset is BML Munjal University, a private university near Delhi that forms both the family's educational philanthropy and a long-duration institutional asset. The office also holds a notable Indian modern and contemporary art collection.

Does Hero Corporate Service invest in startups or venture capital?

There is no public record of Hero Corporate Service participating in venture capital rounds, direct startup equity, or fund commitments to external VC firms. The office's observable allocation is concentrated in real estate development and the university, making it an asset-heavy family office rather than a venture-style investment platform — distinct from the venture arms sometimes attached to other Indian industrial families.

Where does the underlying wealth come from?

The wealth traces to the Hero Group, founded by Brijmohan Lall Munjal, which built the world's largest two-wheeler manufacturing operation through Hero MotoCorp. Sunil Kant Munjal's branch of the family also controls Hero Enterprise, a privately held vehicle with interests in insurance distribution, steel-making, and corporate training, providing a separate income stream beyond the dividends from the listed Hero entities.

Does Hero Corporate Service maintain philanthropic structures, and how are they separated?

The family's main philanthropic vehicle is BML Munjal University, named for the late patriarch, which operates as a degree-granting institution. The Raman Kant Munjal Foundation, named for Sunil Kant Munjal's late brother, is a separate charitable entity. Additionally, Shefali Munjal is involved with the Serendipity Arts Foundation, suggesting cultural philanthropy operates through a distinct governance channel from the main office's investment activity.

What is the office's posture on co-investing alongside external partners?

Hero Corporate Service does not publicly advertise co-investment programs or club-deal participation. The real estate projects appear to be wholly owned developments initiated directly by the office, and the university is a proprietary long-term holding. The firm's institutional footprint — no known LP commitments to external funds and no disclosed third-party investors in its own vehicles — points to a closed, fully proprietary investment posture.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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