On demand fuel delivery service in India
Company was acquired
Event Year: 2019
Company was acquired
Event Year: 2019
MyPetrolPump addressed a significant logistical challenge in India's fuel distribution. With a vehicle count comparable to the US but significantly fewer gas stations, India faces long queues and congestion at fuel stations. The impracticality of building numerous new stations in urban areas due to high land costs led to the concept of mobile refueling—bringing the gas station to the customer. This service particularly benefited large-volume consumers like fleet operators, hospitals, and hotels, who previously incurred significant unproductive mileage sending vehicles to gas stations. Furthermore, frequent electricity blackouts in India necessitate the use of backup generators, creating a demand for diesel that is often met through unsafe transportation methods. MyPetrolPump aimed to solve this daily need by providing a convenient and safe fuel delivery solution. The founder's extensive experience at Shell provided deep domain expertise. The company validated demand through 5000 registered large-volume customers acquired without marketing spend and over 400 franchisee requests, demonstrating strong market interest.
MyPetrolPump addressed a significant logistical challenge in India's fuel distribution. With a vehicle count comparable to the US but significantly fewer gas stations, India faces long queues and congestion at fuel stations. The impracticality of building numerous new stations in urban areas due to high land costs led to the concept of mobile refueling—bringing the gas station to the customer. This service particularly benefited large-volume consumers like fleet operators, hospitals, and hotels, who previously incurred significant unproductive mileage sending vehicles to gas stations. Furthermore, frequent electricity blackouts in India necessitate the use of backup generators, creating a demand for diesel that is often met through unsafe transportation methods. MyPetrolPump aimed to solve this daily need by providing a convenient and safe fuel delivery solution. The founder's extensive experience at Shell provided deep domain expertise. The company validated demand through 5000 registered large-volume customers acquired without marketing spend and over 400 franchisee requests, demonstrating strong market interest.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2019
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2019
B2B
B2B
B2B -> Supply Chain and Logistics
B2B -> Supply Chain and Logistics
Team size: 42
Hiring: No
Team size: 42
Hiring: No