Business Overview
- We are India’s first fully licensed, on-demand fuel delivery service.
- We have started IoT enable services to provide diesel and biodiesel to our clients.
- India’s fuel delivery market is already worth USD 128 billion, yet more than 80% of the market is served by unlicensed vendors, selling fake and contaminated fuel delivered in unapproved tankers.
- Have partnered with the government’s oil companies to source the products.
- Have signed over 174+ corporate clients and already delivered 14,00,000+ liters of fuel.
- Fuel is sourced from the nearest storage based on the demand.
- We aim to provide untampered and quality fuel to our clients.
- Fuel is delivered by our own delivery executives.
- Plan to manufacture our own biodiesel using hemp seed.
- The founder of the business has a 70% stake while there are other investors also.
- Business has taken a loan to buy transportation vehicles.
Products & Services Overview
We transport diesel and biodiesel to clients using IoT-enabled vehicles.
Assets Overview
Physical assets include two delivery vehicles and offices equipment.
Partial Stake Sale
USD
360 thousand
for
12.0%
stake
(Native Currency: INR 30,000,000)
Reason:
Expansion of delivery vehicles, hiring hire management, in-house IoT devices development. Valuation ...
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Includes physical assets worth
USD
24 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business