MUMBAI: Delhi-based fuel delivery startup FuelBuddy has acquired Bangalore based on-demand fuel delivery startup MyPetrolPump, a venture owned by ANB Fuels Pvt. FuelBuddy is an app-based tech-enabled platform that provides doorstep fuel delivery along with value-added services. On the other hand, MyPetrolPump is a first-of-its-kind on-demand fuel delivery service in India. Notably, FuelBuddy focuses more on the bulk fuel category while MyPetrolPump deals in the non-bulk category. The acquisition provides FuelBuddy with access to newer geographies, customers and management bandwidth making it the largest and the most diversified doorstep fuel delivery platform in the country.

Source: Mint May 09, 2021 11:37 UTC