About FuelBuddy
FuelBuddy is a company based in Gurugram (India) founded in 2016 by Divij Talwar, Sumit Kumar Narvar, and Adnan Kidwai. FuelBuddy has raised $23.96 million across 3 funding rounds from investors including RJ Corp, Jaipuria Group and SK Narvar. The company has 186 employees as of May 31, 2025. FuelBuddy has completed 1 acquisition, including MyPetrolPump. FuelBuddy operates in a competitive market with competitors including Pepfuels, Simply Auto, MyPetrolPump, Synergy Teletech and GetFuel, among others.
- Headquarter Gurugram, India
- Employees 186 as on 31 May, 2025
- Founders Divij Talwar, Sumit Kumar Narvar, Adnan Kidwai
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities Business Services
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Email
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Phone
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Website
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Social
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Annual Revenue
$83.3 M (USD)13as on Mar 31, 2024
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Net Profit
-$1.02 M (USD)38as on Mar 31, 2024
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EBITDA
-$773.39 K (USD)39as on Mar 31, 2024
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Total Equity Funding
$23.96 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Series A
Jan 23, 2023
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Investors
RJ Corp
& 5 more
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Employee Count
186
as on May 31, 2025
- Investments & Acquisitions
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Funding Insights of FuelBuddy
FuelBuddy has successfully raised a total of $23.96M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in FuelBuddy
FuelBuddy has secured backing from 6 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include RJ Corp, Jaipuria Group and SK Narvar.
| Investor | Description | Founded Year | Domain | Location |
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Diversified operations in beverages, real estate, manufacturing, IT, and education across India.
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Food and beverage products are branded, with diverse sectors engaged.
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Coal-based sponge irons and steel products are manufactured by JSPL.
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Investor details for FuelBuddy
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Investments & Acquisitions by FuelBuddy
FuelBuddy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MyPetrolPump.
Investment portfolio details for FuelBuddy
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online platform to buy fuel on-demand
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Complete acquisition details for FuelBuddy
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Financial Statements - FuelBuddy
Detailed financials for FuelBuddy
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Fuelbuddy Comparisons
Peer comparison for FuelBuddy
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Competitors of FuelBuddy
FuelBuddy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pepfuels, Simply Auto, MyPetrolPump, Synergy Teletech and GetFuel, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Fuel distribution services are provided across India by Pepfuels.
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App for tracking vehicle mileage, fuel consumption, and maintenance records.
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Online platform to buy fuel on-demand
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On-site fuel delivery and refueling services are provided.
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Operates an online platform for fuel delivery services.
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Door-to-door diesel delivery through mobile app for on-demand fuel needs.
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Detailed competitors of FuelBuddy
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Latest news on Fuelbuddy
Complete news archive for FuelBuddy
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Frequently Asked Questions about FuelBuddy
FuelBuddy was founded in 2016 and raised its 1st funding round 4 years after it was founded.
FuelBuddy is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Adnan Kidwai is the current CEO of FuelBuddy. They have also founded this company.
FuelBuddy is a funded company, having raised a total of $23.96M across 3 funding rounds to date.
As of May 31, 2025, the latest employee count at FuelBuddy is 186.
Annual revenue of FuelBuddy is $83.3M as on Mar 31, 2024.
FuelBuddy was founded in 2016 and is headquartered in Gurugram, India. Operations focus on the fuel sector, where diesel delivery services are delivered via mobile platforms equipped with IoT for real-time tracking and automated refueling. Secure digital payments are integrated, alongside offerings of smart tanks, PESO-approved portable containers, and on-site fuel vault systems featuring monitoring capabilities.
FuelBuddy's top competitors include Simply Auto, Pepfuels and MyPetrolPump.
FuelBuddy has made 1 acquisition, including MyPetrolPump.
FuelBuddy has 6 investors. Key investors include RJ Corp, Jaipuria Group, SK Narvar, JSPL, and Nilesh Ved.