TrucksUp, IndianOil launch smart fleet card for logistics firms

09 May 2025 CW Team

Logistics tech firm TrucksUp has partnered with Indian Oil Corporation Ltd (IndianOil) to introduce the XTRAPOWER-Fleet Card, a digital fuel and fleet management solution tailored for transport and logistics operators.

Through a Memorandum of Understanding (MoU), the companies aim to offer fleet operators, MSMEs, and corporates an integrated platform for managing fuel expenses, tracking transactions, and optimising operational costs. The card ensures seamless digital transactions and access to IndianOil’s network of over 40,000 outlets.

Key features include 24/7 recharge via multiple payment methods (RTGS, UPI, NEFT, credit cards), flexible credit options through NBFCs, loyalty rewards including 0.40% cashback, and insurance coverage for drivers and one co-traveller. It also supports B2B system integration for streamlined operations.

TrucksUp users will benefit from real-time tracking, improved asset utilisation, and reduced cash dependency—factors crucial to enhancing logistics efficiency.

“This collaboration simplifies fleet operations with a secure and smart payment system,” said Sarthak Elwadhi, Co-founder, TrucksUp. IndianOil’s support and TrucksUp’s tech-driven approach aim to transform how transport businesses manage fuel and finances.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..