FuelBuddy
FuelBuddy is an India-headquartered IoT-enabled doorstep diesel delivery platform serving commercial and industrial customers across construction, mining, hospitality, manufacturing, fleets, and data centres in 180+ cities, with growing international operations in the UAE, MENA, Southeast Asia, and Africa.
- Company typePrivate
- Founded2016
- HeadquartersNew Delhi, India
- Headcount101–250
- GTM typeB2B
- OfferingServices
What FuelBuddy does
FuelBuddy, legally FuelBuddy Future Energy Private Limited (formerly Treis Solutions LLP), is an India-headquartered mobile energy distribution platform that delivers diesel directly to commercial and industrial customers via its own PESO-certified bowser fleet. Founded in 2016 in New Delhi and now headquartered in Gurugram, the company operates across 180+ Indian cities and has expanded into the UAE, MENA, Southeast Asia, and Africa. Its customer base of over 55,000 includes enterprises across construction, mining, hospitality (Devyani International/KFC/Pizza Hut, Park Plaza, Taurus Sarovar Portico), coworking (Awfis), automotive dealerships (Prem Motors), manufacturing, fleet management, and data centres, with named case-study outcomes including 8% fuel procurement cost reduction for a large construction customer.
The technology stack is built around an IoT- and cloud-enabled five-axis platform integrating cashless transactions, real-time fuel tracking, calibrated dispensing, safety monitoring, and logistics management. The product portfolio extends beyond on-demand diesel delivery to include PESO-approved smart storage solutions — DOT (Diesel on Tap), Smart Tank, Buddy Can, and FB-Vault — enabling on-site fuel management. AI-driven demand forecasting, route optimisation, and anomaly detection are layered on top of consumption telemetry, and the mobile app also supports electric vehicle charging slot bookings, signalling energy-platform positioning beyond pure diesel.
FuelBuddy operates a hybrid revenue model combining transaction-based diesel delivery (fuel cost plus delivery/handling fees, minimum 20-litre order, 2–4 hour express delivery), hardware sale or lease of IoT-enabled storage products, and lubricants delivery through partnerships with HPCL and IOCL. Distribution is primarily direct-to-business via the company's mobile app and web platform, supported by an enterprise sales team, with fuel sourced from a network of over 2,000 authorised petrol pump dealers. The company raised $20 million in January 2023 from Jindal Power, RJ Corp, and Apparel Group UAE, and reported FY25 revenue of approximately ₹650 crore (India) and ₹2,500 crore (global).
FuelBuddy firmographics
Firmographics- Name
- FuelBuddy
- Legal name
- FuelBuddy Future Energy Private Limited
- Website
- https://fuelbuddy.in
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- FuelBuddy is an India-headquartered IoT-enabled doorstep diesel delivery platform serving commercial and industrial customers across construction, mining, hospitality, manufacturing, fleets, and data centres in 180+ cities, with growing international operations in the UAE, MENA, Southeast Asia, and Africa.
- Ownership category
- akta.pro rank
FuelBuddy industry classification
Industry- Product category
- Doorstep Fuel Delivery Services
- NAICS
- Fuel Dealers (457210), Fuel Dealers (45721)
- SIC
- Trucking (No Local) (4213)
- akta.pro primary industry
- Commercial & Fleet Fueling (Cardlock, On-Site Tanks, Bulk Delivery) (EUALAIAD)
Keywords
Where FuelBuddy is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
FuelBuddy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Diesel Delivery (Delivery Model): FuelBuddy delivers diesel directly to business locations using its own fleet of PESO-certified bowsers. Customers place orders via the app or website; fuel is sourced from authorised oil company dealers upon order receipt and delivered to the designated location. Charges cover fuel cost plus delivery and applicable taxes, invoiced digitally.
- Smart Storage Products (DOT, Smart Tank, Buddy Can, FB-Vault): Sale or lease of IoT-enabled on-site fuel storage solutions to enterprise customers, including Diesel on Tap (DOT), Smart Tank, Buddy Can (20-litre PESO-approved containers), and FB-Vault. Revenue is generated through product pricing and associated monitoring/management service fees.
- Lubricants Delivery: Delivery of automotive and industrial-grade lubricants in partnership with HPCL and IOCL, broadening revenue streams beyond diesel.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Minimum Order — 20-litre diesel delivery |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
FuelBuddy product offering
Product offeringCore offering
FuelBuddy operates an IoT and cloud-enabled doorstep diesel delivery platform that supplies diesel directly to business locations across 180+ Indian cities using its own PESO-certified bowser fleet with real-time GPS tracking and calibrated dispensing. The offering is complemented by a portfolio of PESO-approved smart on-site fuel storage products (DOT, Smart Tank, Buddy Can, FB-Vault) and a lubricants delivery partnership with HPCL and IOCL.
Product overview
FuelBuddy is India's first and largest mobile energy distribution platform offering doorstep diesel delivery services. The platform operates on a five-axis technology approach encompassing cashless transactions, convenience, quality and quantity assurance, safety, and IoT/cloud-enabled technology. The core product offering is Doorstep Diesel Delivery, supported by a portfolio of IoT-based storage and monitoring products including DOT (Diesel on Tap), Smart Tank, Buddy Can, and FB-Vault. These products work together to provide end-to-end fuel management from delivery to on-site storage, all connected through the company's digital platform and mobile application.
Differentiator
Problem solved
Functional benefit
Products and services
- Doorstep Diesel Delivery On-demand diesel delivery directly to business locations using PESO-approved fuel bowsers equipped with GPS tracking, calibrated dispensing units, safety locks, and fire safety systems. Available 24x7 with express delivery within 2-4 hours and a minimum order quantity of 20 litres. Targeted at construction, mining, hospitality, manufacturing, fleet, data centres, and other industrial/commercial operations.
- DOT (Diesel on Tap) PESO-approved smart, portable diesel storage tank designed for on-site fuel management at construction sites and industrial locations, providing continuous fuel access without manual intervention. Industry and fleet-tailored solution for HSD storage, monitoring, and dispensing.
- Smart Tank PESO-approved customised fuel storage solution that enables businesses to expand their fuel storage capacity with effective control, monitoring, and automated dispensing features.
- Buddy Can PESO-approved 20-litre smart container designed for simplified fuel storage with a secure, leak-proof design and spill-free pouring system for generator and equipment use.
- FB-Vault Fuel storage and management solution designed for vehicle fleet operations and logistics companies to ensure smooth running of vehicles and efficient, auditable fuel management across fleet assets.
- Lubricants Delivery Delivery of automotive and industrial-grade lubricants in partnership with HPCL and IOCL, leveraging FuelBuddy's doorstep delivery network to broaden the product offering beyond pure diesel for industrial and automotive customers.
Quantifiable outcome
- Helped a construction giant cut fuel procurement costs by 8%
- +3 more outcomes
Companies that use FuelBuddy
Customer profileNamed customers6 records
Segments7 records
Ideal customer profiles6 records
FuelBuddy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature5 records
FuelBuddy partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered major.
- Hindustan Petroleum Corporation Limited (HPCL)majorFuelBuddy entered the lubricants market in partnership with HPCL, a Maharatna Oil & Gas company. The partnership covers marketing of automotive and industrial-grade lubricants PAN India, leveraging FuelBuddy's doorstep delivery network. This marks FuelBuddy's diversification beyond pure diesel delivery.
- Indian Oil Corporation Limited (IOCL)majorFuelBuddy announced partnerships with IOCL as part of its entry into the lubricants sector and alternative energy solutions. IOCL is India's largest oil company. The partnership enables FuelBuddy to source and distribute fuel products while expanding into new energy categories including EV charging infrastructure.
- MyPetrolPump (Acquired)majorFuelBuddy acquired Bengaluru-based startup MyPetrolPump in May 2021 through an all-cash and stock deal. The acquisition expanded FuelBuddy's operations across 30 cities with combined delivery volume of nearly 40 million litres, enhancing market share and serving both bulk and non-bulk customers.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
FuelBuddy competitors and assessment
Company assessmentDirect peers
- Booster Fuels: US-based mobile on-demand diesel delivery service for commercial fleets and data centres. Most directly comparable business model to FuelBuddy — doorstep fuel delivery via certified fleet, enterprise customers, IoT-enabled logistics.
- PepFuels: India-based doorstep diesel delivery startup operating in select metros. Closest domestic direct competitor to FuelBuddy, targeting similar construction and commercial customers with on-demand delivery.
- Filld: US doorstep fuel delivery service that pioneered mobile app-based on-demand refuelling for fleets and consumers. Comparable product-led growth and technology-led logistics model.
- Hype Energy (formerly MyPetrolPump): India-based doorstep fuel delivery startup that was acquired by FuelBuddy in 2021. Closest historical competitor; the brand continues to operate in some markets under FuelBuddy ownership.
- EzFill: US mobile fuel delivery platform serving commercial fleets and consumers. Comparable on-demand delivery model with app-based ordering and fleet logistics.
Broad incumbents
- Indian Oil Corporation (IOCL): India's largest oil marketing company and a FuelBuddy strategic partner. Operates an extensive fuel retail and dealer network and has piloted direct doorstep delivery; represents both supplier and competitive threat.
- Hindustan Petroleum Corporation (HPCL): Indian Maharatna oil & gas company partnering with FuelBuddy on lubricants distribution. Operates large retail fuel network and could leverage its own assets for direct delivery at scale.
- WEX Inc. US-based commercial fleet payment and fuel card platform serving enterprises. Comparable as a fleet fuel management solution at the payment and data layer; broader incumbent in adjacent category.
- Bharat Petroleum (BPCL): Indian PSU oil marketing company with pan-India retail fuel network. Represents the supply-side incumbent that controls sourcing economics and could develop its own doorstep delivery proposition.
Emerging players
- Fleetio: Cloud-based fleet fuel and maintenance management software. Comparable in fleet fuel data and management offerings; serves as a software layer that could integrate with or compete against FuelBuddy's fleet fuel management.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
FuelBuddy social profiles
Digital presenceFuelBuddy financial estimates
Financial estimateRevenue estimate
Valuation estimate
FuelBuddy leadership team
Management profileNumber of profiles
Profiles5 records
FuelBuddy subsidiaries and ownership
Company hierarchySubsidiaries1 record
FuelBuddy funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FuelBuddy M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FuelBuddy
What does FuelBuddy do?
FuelBuddy operates an IoT and cloud-enabled doorstep diesel delivery platform that supplies diesel directly to business locations across 180+ Indian cities using its own PESO-certified bowser fleet with real-time GPS tracking and calibrated dispensing. The offering is complemented by a portfolio of PESO-approved smart on-site fuel storage products (DOT, Smart Tank, Buddy Can, FB-Vault) and a lubricants delivery partnership with HPCL and IOCL.
Is FuelBuddy a public or private company?
FuelBuddy is a private company. It is classified as venture growth investor backed and is currently operating.
When was FuelBuddy founded?
FuelBuddy was founded in 2016. It employs 101 to 250 people.
Where is FuelBuddy based?
FuelBuddy is headquartered in New Delhi, India, in the Asia region.
How does FuelBuddy make money?
Three revenue lines are on record. Diesel Delivery (Delivery Model) is the primary driver. The others are smart Storage Products (DOT, Smart Tank, Buddy Can, FB-Vault) and lubricants Delivery.
Who are FuelBuddy's main competitors?
Direct peers on record are Booster Fuels, PepFuels, Filld, Hype Energy (formerly MyPetrolPump) and EzFill. Broad incumbents are Indian Oil Corporation (IOCL), Hindustan Petroleum Corporation (HPCL), WEX Inc. and Bharat Petroleum (BPCL). Fleetio is listed as an emerging player.
Does FuelBuddy have an API?
No public API is recorded for FuelBuddy.
What industry is FuelBuddy in?
FuelBuddy's product category is Doorstep Fuel Delivery Services. Its primary akta.pro industry code is EUALAIAD, Commercial & Fleet Fueling (Cardlock, On-Site Tanks, Bulk Delivery). Its NAICS code is 457210 and its SIC code is 4213.