The Fuel Delivery plans to raise $4-5 million via Series-A funding
The Fuel Delivery is looking to raise USD 4-5 million through Series-A funding to expand the business to newer markets.
Founded by the city-based investment banker-turned entrepreneur Rakshit Mathur amid the first wave of the pandemic last year, the mobile app-based platform currently caters to B2B customers at their chosen locations across Delhi-NCR, Mumbai and Bengaluru.
The diesel doorstep delivery services start-up supplies fuel to various sectors such as corporate office parks, real estate, automotive, banks, hospitals and schools, and institutions.
“We are petrol pumps on wheels. We go directly to the customers’ site. We bring convenience and a lot of transparency in the supplies with our IoT (internet of things)-enabled and tech-based platform,” Mathur told PTI.
