On Thursday 15 April 2021, S K Navar’s Fuel Buddy announced a Rs 12.5 crore funding round from investors along with Jaipuria Family Office.
Fuel Buddy was established in 2016 and have grown over 33 cities that has increased its revenue. It is a leader in India’s Fuel Distribution industry.
It is a tech startup app based Fuel Distribution Company which serves fuel on demand with a value added services. “The service ensures the consumer convenience by providing a safe and secure experience, correct quantity and pure fuel at a current market rates,” FuelBuddy said in a statement.
FuelBuddy even provides full supply chain solutions which are highly innovative, IoT and Cloud Computing, encouraging customers to control and track data using advanced analytics.
FuelBuddy buys fuel from Oil Marketing Firms like Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation. Rishi Kajaria is the Jt. MD of Kajaria Ceramics Limited which is the India’s largest Ceramic Tile Manufacturer. In addition he has made personal investment in number of Startups.