Hercules Hardliner might be suitable for you.
Try to check if COSMIC hybrid's are available. You can try the same in your budget.
You can see rockrider 340
it's been a while since I visited ICN site. I have already bought Schnell Rover 2 in May. Happy with the cycle till now. No issues except the handle bar grips, they keep sliding to the side (around 1 cm every 5KM, need to get them back in position). It's having Shimano Acera gears/derailleurs, Kenda tyres and adjustable hydraulic front forks in 18K. Disc brakes are not that great and squeaks when wet.