Hero Vida vs Ampere (Greaves) franchise India 2026: which one wins on real numbers?
Hero Vida runs the bigger network at 500 vs 400 outlets.
01 What actually matters
Numbers that separate them on a 5-year horizon — not the dealer-pitch summary.
Hero Vida (500 outlets) and Ampere (Greaves) (400) operate at comparable scale — neither has a decisive network advantage, so your location-specific due diligence matters more than brand size here.
None of the brands here charge recurring royalty — the economics run purely on product margin or fixed monthly fees, which is rare in Indian franchising and favourable for operators.
02 The numbers, visualised
Primary (flagship) format per brand. Smaller kiosk / express formats may have different economics.
Entry investment
Primary (flagship) franchise format per brand. Some brands also offer smaller kiosk / cloud-kitchen formats at lower capex — check the brand page for full format options.
Network scale — total outlets
Bigger networks mean more brand recognition and supplier scale; smaller ones mean less intra-brand competition in your territory.
Customer ratings Exact star rating + review volumePlus per-city Brand Health for both brands.Unlock with Pro →
Which brand's outlets are rated higher by customers, aggregated across locations. Exact star rating and review volume are in Brand Health.
Direction only — the underlying rating & review count are Pro data.
03 Side-by-side
Every verified data point. Green badge marks the more favourable value for a typical first-time operator.
| Metric | Hero Vida | Ampere (Greaves) |
|---|---|---|
| Entry capex | ₹25 L | ₹25 L |
| Royalty | 0% | 0% |
| Gross margin | — | — |
| Min space (sqft) | 1000 ↓ Smaller | 2000 |
| Total outlets | 500 ↑ Bigger | 400 |
| Franchise fee | ₹3 L | ₹3 L |
| Working capital | ₹20 L | ₹10 L |
Not sure if Hero Vida or Ampere (Greaves) actually fits *you*?
BrandFit asks 6 visual questions about your operator profile, capital, and location — then ranks all 240 brands by predicted success-fit for your situation. See where these brands really stand for someone like you.
Compare Hero Vida + Ampere (Greaves) + 2 EV Two-Wheeler peers in the full tool
Open this pair plus TVS iQube and Ather Energy (the next-largest EV Two-Wheeler brands by network size) side-by-side in the full comparison tool. Add or swap brands to fit your decision.
04 Explore these brands in depth
Same data plus galleries, store-locator, margin economics, legal vault — free on every brand page.
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05 Frequently asked
Wrapped in FAQPage JSON-LD for SERP rich-result eligibility.
How many EV Two-Wheeler franchise brands are available in India?
FRANticc's database lists 2 brands matching this comparison with verified investment data, store counts, and format details. Several more are covered across our full directory. Every data point cites its public source.
Is Hero Vida or Ampere (Greaves) better for first-time franchisees?
For a first-time franchisee, capital preservation matters more than brand prestige. Ampere (Greaves) has the lower entry capex here, which caps downside if the location underperforms. That said, first-time operators should also weigh how much hand-holding the brand provides in site selection, training, and SOP enforcement — not just the sticker price.
What is the best EV Two-Wheeler franchise in India in 2026?
Among the 2 brands FRANticc compares, the top options by network size are Hero Vida, Ampere (Greaves) (Hero Vida: 500 stores, Ampere (Greaves): 400 stores). The lowest investment entry is Hero Vida from ₹25 L. "Best" depends on your budget, location tier and involvement — this page gives you the data for all three dimensions.
Can I own multiple EV Two-Wheeler franchises?
Multi-unit ownership is common in Indian franchising and several EV Two-Wheeler brands actively encourage it through discounted second/third-unit fees. Check for "master franchise" or "multi-unit development" terms in the contract — these usually require a minimum 3–5 unit commitment within a defined city/region over 24–36 months.
What are the hidden costs in EV Two-Wheeler franchises?
Beyond the advertised capex, factor in: refundable security deposit (₹1–5L), rent deposit (1–6 months of rent), working capital for inventory and salaries (typically ₹5–20L for first 3 months), signage and interior fit-out (often 25–40% of total setup), and ongoing royalty or supply-chain margins. FRANticc separates "at-risk capital" from "refundable capital" on every brand page so you see the real exposure.