About FuelBuddy
FuelBuddy is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2016 by Divij Talwar, Sumit Kumar Narvar, and Adnan Kidwai. IoT-enabled diesel delivery and fuel management solutions are provided. It operates in the Transportation, Automotive & Logistics, Energy & Utilities, and Business Services sectors. 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. FuelBuddy has completed 1 acquisition, including MyPetrolPump. Its chief executive, as recorded, is Adnan Kidwai. Its website fuelbuddy.in draws about 11 thousand monthly visits. Its Indian entity Treis Solutions Llp reported revenue of ₹608 Cr. Its focus areas include Energy Tech, Oil & Gas Tech, Downstream and Fuel Delivery. Its competitors include Pepfuels, Simply Auto and MyPetrolPump; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Gurugram, India
- Employees 186
- Founders Divij Talwar, Sumit Kumar Narvar, Adnan Kidwai
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities Business Services
- Email••••••••
- Phone•••• ••••
- Website fuelbuddy.in
- Social LinkedIn X Facebook Instagram
- Legal Name Treis Solutions Llp
- Date of Incorporation 25 Oct, 2016
- Annual Revenue₹608 Cr
FY 2023 · +268% YoY
- Net Loss-₹13.62 Cr
FY 2023 · -2% margin
- EBITDA-₹12.00 Cr
FY 2023 · -2% margin
- Total Equity Funding$23.96M (USD)
in 3 rounds
- Latest Funding Round$20M (USD), Series A
Jan 2023
- InvestorsRJ Corp
& 5 more
- Employee Count186
- Investments & Acquisitions
Associated legal entities of FuelBuddy
FuelBuddy operates through Treis Solutions Llp (converted and dissolved). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Treis Solutions Llp CIN AAH-6902 | Converted And Dissolved | 25 Oct 2016 | New Delhi, Delhi | ₹608 Cr | 3 | View details |
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.
- Total Funding $23.96M
- Total Rounds 3
- Last Round Series A — $20M
- First Round $2.3M
(Sep 2020)
- Investors Count 6
All 3 funding rounds of FuelBuddy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
6 investors in total: 4 institutional and 2 angel.
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 |
|---|---|---|---|---|
Diversified operations in beverages, real estate, manufacturing, IT, and education across India. | 2010 | jaipuria.co | Delhi, India | |
Food and beverage products are branded, with diverse sectors engaged. | 1980 | rjcorp.in | Gurugram, India | |
Coal-based sponge irons and steel products are manufactured by JSPL. | jindalsteelpower.com | Delhi, India | ||
Real estate development and fintech services are managed in India. | 2020 | sknarvar.com | Delhi, India | |
NV Nilesh Ved | unknown_0dc9b84085ad4534b | |||
RK Rishi Kajaria | unknown_25ae1c25b06f42c7a |
Investor details for FuelBuddy
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Verified entity values are shown only after access is granted.
Board of directors of Treis Solutions Llp (FuelBuddy)
Treis Solutions Llp is the primary company behind FuelBuddy. The board of Treis Solutions Llp currently have 3 directors; the longest-serving is Prernaa Malhotra, appointed in 2016. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prernaa Malhotra DIN 02714838 | Designated Partner | 25 Oct 2016 | 10 yrs | Treis Solutions Llp |
| Adnan Arsalan Kidwai DIN 02508669 | Designated Partner | 22 Sep 2020 | 6 yrs 1 mo | Treis Solutions Llp |
| Sumit Kumar Narvar DIN 02045194 | Designated Partner | 29 Sep 2020 | 6 yrs | Treis Solutions Llp |
People of FuelBuddy
27 people are tracked at FuelBuddy (16 in leadership, 11 in team); the tracked headcount is 186.
| Name | Role | Group |
|---|---|---|
Divij Talwar | ex-Co-Founder | Leadership |
| Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Neeraj Gupta | CEO & CTO | Leadership |
Gautam Malhotra | Managing Director | Leadership |
Aditya Singh | COO | Leadership |
Abhishek Dubey | Area Head In Retail And Channel Sales | Leadership |
Sunil Kumar | Head Of Technology | Leadership |
Sunil Kumar Arora | Head Of Legal | Leadership |
Vishal Dhar | Area Head | Leadership |
Sharad Arora | Marketing Director | Leadership |
Rajeev Maurya | State Head | Leadership |
Nitin Sharma | Head Of Technology | Leadership |
Manmohan Singh Kukreja | VP Supply Chain And Strategic Alliances | Leadership |
Anureet K. | Head Of People & Culture | Leadership |
Nandkishore . | Head Of Marketing | Leadership |
Shreya Acharya | Operations Manager | Team |
Khan Sohail | Operations Manager | Team |
Yuv Raj | Sales Associate | Team |
M.D. Liyakath | Operations Manager | Team |
7 more people are available in the full profile.
Complete people profiles for FuelBuddy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of FuelBuddy
Figures of Treis Solutions Llp, the primary company behind FuelBuddy, for FY 2023. Revenue was ₹608 Cr (+268% year on year). Net loss was -₹13.62 Cr (-2% margin). EBITDA was -₹12.00 Cr (-2% margin). Revenue has grown at a compounded annual rate of +745% over three years.
- ₹608 CrRevenue · FY 2023 · +268% YoY
- -₹13.62 CrNet loss · -2% margin
- -₹12.00 CrEBITDA · -2% margin
- +745%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Treis Solutions Llp are on its company page.
Detailed financial statements for FuelBuddy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Investments & Acquisitions by FuelBuddy
FuelBuddy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MyPetrolPump.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online platform to buy fuel on-demand | mypetrolpump.com | Bengaluru, India | 2016 | May 2021 | •••• |
Complete acquisition details for FuelBuddy
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
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- Exports
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Timeline of FuelBuddy
4 dated milestones of FuelBuddy across 7 years, from founding to its latest funding, stage changes and deals.
- Founded FuelBuddy is founded.
- Funding First funding round of $2.3M.
- Acquisition Acquires MyPetrolPump.
- Funding Latest funding round, Series A, of $20.0M.
Competitors of FuelBuddy
FuelBuddy has 3 listed competitors in our database, 2 of them funded. They include Pepfuels, Simply Auto and MyPetrolPump.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pepfuels.com | 2017 | Delhi, India | $201,744 | 3 | Fuel distribution services are provided across India by Pepfuels. | |
| simplyauto.app | 2018 | Pune, India | App for tracking vehicle mileage, fuel consumption, and maintenance records. | |||
| mypetrolpump.com | 2016 | Bengaluru, India | $1.76M | 110 | Online platform to buy fuel on-demand |
Detailed competitors of FuelBuddy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of FuelBuddy
The website of FuelBuddy (fuelbuddy.in) receives about 10.7K visits a month.
- Monthly visits10.7K
▼ 14% vs previous month
Websites whose visitors overlap most with FuelBuddy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| thestartuplab.in | 100% | #2,763,076 | View details | ||
| crossroadshelpline.com | 91% | 8.4K | #2,665,934 | View details | |
| finmodelslab.com | 90% | #1,474,169 | View details | ||
| ymwsolution.com | 54% | #11,440,569 | View details | ||
hrnxt.com | hrnxt.com | 54% | #4,335,994 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for FuelBuddy
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- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Automotive Retail & Aftersales
3 companies that operate in the same segment as FuelBuddy (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 |
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Related news about 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 CEO of FuelBuddy, as recorded in our data. They have also founded this company.
FuelBuddy is a funded company, having raised a total of $23.96M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Sep 2020.
FuelBuddy has 186 employees.
The primary company behind FuelBuddy, Treis Solutions Llp, reported revenue of ₹608 Cr for FY 2023, up 268% year on year.
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.
FuelBuddy operates through Treis Solutions Llp.
The legal entities of FuelBuddy currently have 3 directors, including Prernaa Malhotra, Adnan Arsalan Kidwai, Sumit Kumar Narvar.