+
FuelBuddy partners with HPCL to enter lubricants market
OIL & GAS

FuelBuddy partners with HPCL to enter lubricants market

FuelBuddy, a doorstep fuel delivery service, and Maharatna Hindustan Petroleum Corporation (HPCL) have jointly entered the Indian lubricants market.

According to the company, customers can order automotive lubricants on the FuelBuddy app, which will then be delivered to their doorstep by HPCL's authorised distributors. With the lubricants business, the company primarily caters to the needs of existing customers, who are diesel consumers.

While the fuel burns in the engine for vehicle transportation systems, effective lubricants improve vehicle fuel efficiency, helping to reduce fuel consumption. We are looking at expanding our services portfolio pan India, Neeraj Gupta, CEO-India Business, FuelBuddy

One of the initial companies to start fuel delivery services in the country, it is also working on mobile EV charging and battery swapping solutions along with doorstep delivery of CNG. However, these projects are at development stages as of now.

In the current fiscal year 2022-23, FuelBuddy expects to clock Rs 6 billion. In FY22, its turnover stood at Rs 1.64 billion and in FY21 it was at Rs 260 million. Currently, the company is delivering about 300 orders per day. It has app-based operations available in over 120 cities and with no fixed infrastructure, it claims to have served over 45,000 customers in over 4 years.

Also Read
Anadrone Systems to set up drone R&D centre in Odisha
TN’s Tantransco inks deal with KFW on green energy

FuelBuddy, a doorstep fuel delivery service, and Maharatna Hindustan Petroleum Corporation (HPCL) have jointly entered the Indian lubricants market. According to the company, customers can order automotive lubricants on the FuelBuddy app, which will then be delivered to their doorstep by HPCL's authorised distributors. With the lubricants business, the company primarily caters to the needs of existing customers, who are diesel consumers. While the fuel burns in the engine for vehicle transportation systems, effective lubricants improve vehicle fuel efficiency, helping to reduce fuel consumption. We are looking at expanding our services portfolio pan India, Neeraj Gupta, CEO-India Business, FuelBuddy One of the initial companies to start fuel delivery services in the country, it is also working on mobile EV charging and battery swapping solutions along with doorstep delivery of CNG. However, these projects are at development stages as of now. In the current fiscal year 2022-23, FuelBuddy expects to clock Rs 6 billion. In FY22, its turnover stood at Rs 1.64 billion and in FY21 it was at Rs 260 million. Currently, the company is delivering about 300 orders per day. It has app-based operations available in over 120 cities and with no fixed infrastructure, it claims to have served over 45,000 customers in over 4 years. Also Read Anadrone Systems to set up drone R&D centre in Odisha TN’s Tantransco inks deal with KFW on green energy

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code