About GoFuel
GoFuel is a company based in Chennai (India) founded in 2020 by Vinodhraj A and Aditya Meesala. It operates as a D2C, and B2B. GoFuel offers products and services including GoFuel App and GoFueler Program. GoFuel operates in a competitive market with competitors including Zypp Electric, Yulu, Alt Mobility, Fullfily and Hala Mobility, among others.
- Headquarter Chennai, India
- Founders Vinodhraj A, Aditya Meesala
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Sectors
Energy & UtilitiesTransportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Gofuel Private Limited
- Date of Incorporation 03 Sep, 2020
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$359.11 K (USD)0as on Mar 31, 2024
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Net Profit
$2.9 K (USD)0as on Mar 31, 2024
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EBITDA
$24.03 K (USD)0as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of GoFuel
GoFuel offers a comprehensive portfolio of products and services, including GoFuel App and GoFueler Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for ordering and tracking diesel deliveries securely.
Initiative for partners to participate in diesel delivery network.
Funding Insights of GoFuel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by GoFuel
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GoFuel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gofuel Comparisons
Competitors of GoFuel
GoFuel 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 Zypp Electric, Yulu, Alt Mobility, Fullfily and Hala Mobility, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Electric vehicles are supplied for last-mile delivery and rental needs.
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Shared electric two-wheelers are rented via an online platform.
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Electric vehicle leasing and lifecycle management are offered to businesses.
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| domain | founded_year | HQ Location |
Electric delivery vehicles are rented via an online platform.
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| domain | founded_year | HQ Location |
Electric mobility solutions are offered via rentals and financing options.
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| domain | founded_year | HQ Location |
Multi-brand electric two-wheeler lifecycle solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about GoFuel
When was GoFuel founded?
GoFuel was founded in 2020.
Where is GoFuel located?
GoFuel is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of GoFuel?
Vinodhraj A is the current CEO of GoFuel. They have also founded this company.
What is the annual revenue of GoFuel?
Annual revenue of GoFuel is $359.11K as on Mar 31, 2024.
What does GoFuel do?
GoFuel provides on-demand diesel delivery services across India using a mobile app for ordering, tracking, and secure transactions. It utilizes smart trucks for accurate and safe deliveries, minimizing manual intervention and ensuring digital payments. The service caters to individual and business clients, helping avoid bulk storage and travel for fuel procurement. Operating pan-India, it focuses on efficiency, safety, and environmental considerations through authorized sources.
Who are the top competitors of GoFuel?
GoFuel's top competitors include Yulu, Zypp Electric and Alt Mobility.
What products or services does GoFuel offer?
GoFuel offers GoFuel App and GoFueler Program.