Fuel delivery startup FuelBuddy raises $20M -Check out in detail

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Fuel delivery startup FuelBuddy has raised $20 million in a funding round led by Naveen Jindal Group

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FuelBuddy plans for an aggressive expansion in India, the overseas markets in the MENA region, and South East Asia, the company said in a press release.

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The startup will also use the raised capital to increase its geographical presence in the country

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Founded in 2016 by Sumit Kumar Narvar, FuelBuddy is an app-based fuel delivery service.

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With over 45,000 satisfied customers and operations in over 130 cities, FuelBuddy claims to have served about 10 crore litres of diesel to an array of partners across the country, including Coca-Cola, Amazon, DLF, Infosys, Taj, Hitachi, Amazon, Flipkart, Mahindra Logistics, and Delhivery, among others.

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t works closely with IOCL, BPCL, and HPCL for procurement of fuel and providing a seamless experience to the end customer at their doorstep.

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This startup is surely going to make waves in the future

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