‘The Fuel Delivery,’ an app-based door-to-door fuel delivery service, announced the beginning of its Bengaluru operations.
This is the start-up’s third city of operations, following Delhi and Mumbai, as part of its expansion ambitions. Infrastructure development (both under construction and inhabited projects), hotel & healthcare, corporate offices & IT parks, Manufacturing & Industries, educational institutions, Shopping malls, Warehouses, Agriculture, and mining machines are just a few of the industries it will serve. The Fuel Delivery was founded in 2020 and is currently active in Delhi NCR, with plans to expand to Mumbai in 2021. Fuel Delivery’s services are accessible 24 hours a day, 7 days a week via an on-demand app based on a pre-determined delivery time, express delivery, and geographical selection.
On the occasion, Mr. Rakshit Mathur, Founder, and CEO, The Fuel Delivery, said, “Bengaluru is a vibrant commercial hub that has witnessed a tremendous surge in fuel demand due to the presence of several manufacturing facilities. The launch is in line with our commitment to redefining the fuel segment with cutting-edge technology and superior customer service across India. The app-based fuel segment will accentuate ‘FuelEnt’ (Fuel Entrepreneur) prospects generate employment opportunities and reimagine customer experience through convenience.
The development aligns with the COVID-19, which has given e-commerce a boost in terms of conforming to social distancing standards. This extension would assure contactless gasoline delivery in Bengaluru, allowing customers to avoid lengthy lines at gas stations.
Mr. Vishwanath V Katti, CMD, Guardwell Prime, and National President for CAPSI, is a member of TFD’s Board of Advisors.
In the next 12 to 18 months, Fuel Delivery aims to grow in phases to important areas like as Chandigarh, Hyderabad, Chennai, and Kolkata. In FY21-22, it expects to earn INR 250 crores from real estate alone. It received the ‘Indian Achievers’ Award for Promising Start-Up, 2021′ recently.
Oil marketing firms are getting into agreements with start-ups in the gasoline distribution industry, which is rapidly changing. The firm also announced the signing of an ‘All India Business Agreement’ with Indian Oil Corporation Limited, a state-owned oil corporation (IOCL). The service level agreement permits The Fuel Delivery to supply fuel to customers’ doorsteps throughout India. The Gasoline Delivery seeks to enhance IOCL’s historic heritage in fuel retail with the company’s service offerings and IOCL’s reach across the length and breadth of the country.
Customer orders fuel via mobile or web app, and it is delivered with customer information such as name, cellphone number, quantity, address & location, and delivery time. It will be delivered to the specified location by all of the company’s browsers that are compliant with the Petroleum and Explosives Safety Organisation (PESO) regulations.
For creating and delivering mobile apps, the business uses IoT (Internet of Things). All the delivery vehicles have an IoT solution installed, which enables real-time monitoring and tracking, seamless logistics management, and faster order fulfillment.
According to industry regulations, door-to-door delivery of fuel service is limited to 80-90 thousand gallons per month per bowser. In the next 12 to 18 months, oil marketing businesses expect the door-to-door gasoline industry to be worth more than INR 2,000 crores.