Single Family Office

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Hero Enterprise

Hero Enterprise was incorporated in 1995 as Hero Corporate Service Private Limited. Sunil Kant Munjal, youngest son of Hero Group founder BML Munjal, serves as...

Hero Enterprise logo

Hero Enterprise

Hero Enterprise was incorporated in 1995 as Hero Corporate Service Private Limited. Sunil Kant Munjal, youngest son of Hero Group founder BML Munjal, serves as chairman. The office manages the family's assets with documented interests in manufacturing, education and philanthropy. Deployment spans private equity, venture investments and strategic partnerships. Asset classes include real estate through Hero Homes projects in Gurugram, Mohali and Ludhiana, insurance broking, and steel manufacturing via Hero Steels. Geographies cover Asia, Europe, North America, Africa and the Middle East. Investment stages run from seed through growth. Confirmed vehicles include direct co-investments and mission-related investing. Team size and total deployment remain undisclosed. Adjacent structures include the Serendipity Arts Foundation and BML Munjal University. Sunil Kant Munjal maintains board roles at Indian School of Business and IIM Ahmedabad. No operational events from the last 24 months appear in available records. The office operates as the dedicated investment and advisory arm for one branch of the Munjal family, distinct from listed Hero MotoCorp chaired by brother Pawan Munjal.

General information

Firm type

Single Family Office

Year founded

1995

Location

Region

Asia

Country

India

City

New Delhi

Corporate office

New Delhi, India

Principals

Sunil Kant Munjal

Chairman

Shefali Munjal

Executive Director

Amit Aggarwal

Senior Vice President

Nitai Utkarsh

Lead - Investment Strategy

Jogendra Singh

CFO

Sector focus

Private EquityVenture CapitalReal EstateInsuranceEducation

Frequently asked questions

Who runs investment decisions at Hero Enterprise?

Sunil Kant Munjal serves as chairman. Nitai Utkarsh leads investment strategy. Decisions flow through the investment office with input from family members including Shefali Munjal.

Does Hero Enterprise participate in fund commitments or only direct deals?

The firm uses direct co-investments and SPVs. No fund commitments are disclosed in available records.

What investment stages does Hero Enterprise typically target?

Stages include seed, early stage, growth and venture capital.

Where does the underlying wealth come from?

Wealth originates from the Munjal family, founders of the Hero Group in two-wheelers and related manufacturing.

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

Philanthropic vehicles include the Serendipity Arts Foundation, BML Munjal University and Raman Kant Munjal Foundation. These sit alongside but separate from the investment office.

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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