About MyPetrolPump
MyPetrolPump is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2016, and was acquired by FuelBuddy in May 2021. Online platform to buy fuel on-demand. It operates in the Transportation, Automotive & Logistics and Business Services sectors. MyPetrolPump has raised $1.76 million across 1 funding round from investors including Venture Highway VC, FuelBuddy and Y Combinator. The company has 38 employees. Its Indian entity Anb Fuels Private Limited reported revenue of ₹1.74 Cr. Its focus areas include Consumer, Local Services, Auto Services and ReFueling. Its competitors include Simply Auto, Synergy Teletech and Ezefuel.
Company details
MyPetrolPump was founded in 2016 in Bengaluru, India, within the on-demand fuel delivery sector. Fuel is sourced from local stations and delivered directly to users locations. Services are booked through the website or a mobile app, where deliveries can be scheduled. The app is offered for both iOS and Android devices, facilitating access across urban areas.
- Headquarters Bengaluru, India
- Employees 38
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website mypetrolpump.com
- Social X Facebook
- Acquired by FuelBuddy (May 2021)
- Legal Name Anb Fuels Private Limited
- Date of Incorporation 29 Jul, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.74 Cr
FY 2022
- Net Loss-₹20.2 Lakh
FY 2022 · -12% margin
- EBITDA-₹13.5 Lakh
FY 2022 · -8% margin
- Total Equity Funding$1.76M (USD)
in 1 rounds
- Latest Funding Round$1.76M (USD), Seed
Jul 2019
- InvestorsVenture Highway VC
& 2 more
- Employee Count38
- Acquired byFuelBuddy
(May 2021)
Associated legal entities of MyPetrolPump
MyPetrolPump is associated with 2 registered companies on The Company Check; the primary company is Anb Fuels Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Anb Fuels Private Limited CIN U51909KA2016PTC095390 | Active | 29 Jul 2016 | Bangalore, Karnataka | ₹1.7 Cr | 38 | 2 | View details |
| Treis Solutions Llp CIN AAH-6902 | Converted And Dissolved | 25 Oct 2016 | New Delhi, Delhi | ₹608 Cr | 3 | View details |
Funding Insights of MyPetrolPump
MyPetrolPump has successfully raised a total of $1.76M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.76 million completed in July 2019. 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 $1.76M
- Total Rounds 1
- Last Round Seed — $1.76M
- First Round $1.76M
(Jul 2019)
- Investors Count 2
All 1 funding rounds of MyPetrolPump with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | $1.76M | Seed | – | Venture Highway |
3 investors in total: 3 institutional.
Investors in MyPetrolPump
MyPetrolPump has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Venture Highway VC, FuelBuddy and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are made in fintech, retail, and healthtech sectors. | 2015 | venturehighway.vc | Delhi, India | |
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
IoT-enabled diesel delivery and fuel management solutions are provided. | 2016 | fuelbuddy.in | Gurugram, India |
Investor details for MyPetrolPump
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- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Anb Fuels Private Limited (MyPetrolPump)
Anb Fuels Private Limited is the primary company behind MyPetrolPump. The boards of the 2 registered companies of MyPetrolPump currently have 5 directors; the longest-serving is Ashish Kumar Gupta, appointed in 2016. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashish Kumar Gupta DIN 07570143 | Director | 29 Jul 2016 | 10 yrs 2 mo | Anb Fuels Private Limited |
| Prernaa Malhotra DIN 02714838 | Designated Partner | 25 Oct 2016 | 10 yrs | Treis Solutions Llp |
| Nabin Kumar Roy DIN 00915597 | Director | 20 Feb 2017 | 9 yrs 8 mo | Anb Fuels Private Limited |
| 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 |
Financials of MyPetrolPump
Figures of Anb Fuels Private Limited, the primary company behind MyPetrolPump, for FY 2022. Revenue was ₹1.74 Cr. Net loss was -₹20.2 Lakh (-12% margin). EBITDA was -₹13.5 Lakh (-8% margin). Revenue has grown at a compounded annual rate of -57% over three years.
- ₹1.74 CrRevenue · FY 2022
- -₹20.2 LakhNet loss · -12% margin
- -₹13.5 LakhEBITDA · -8% margin
- ₹1.1 LakhPaid-up capital
- 38Employees (provident fund records)
- -57%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Anb Fuels Private Limited are on its company page.
Detailed financial statements for MyPetrolPump
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of MyPetrolPump
3 dated milestones of MyPetrolPump across 5 years, from founding to its latest funding, stage changes and deals.
- Founded MyPetrolPump is founded.
- Funding First funding round of $1.8M.
- Exit Acquired by FuelBuddy.
Competitors of MyPetrolPump
MyPetrolPump has 3 listed competitors in our database. They include Simply Auto, Synergy Teletech and Ezefuel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| simplyauto.app | 2018 | Pune, India | App for tracking vehicle mileage, fuel consumption, and maintenance records. | |||
| synergyteletech.com | 2011 | Noida, India | 18 | On-site fuel delivery and refueling services are provided. | ||
| ezefuel.com | 2015 | Bhubaneswar, India | Ezefuel is a mobile app providing on-demand fuel delivery services for consumers. |
Detailed competitors of MyPetrolPump
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- Full competitor set
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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 MyPetrolPump (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 Mypetrolpump
Complete news archive for MyPetrolPump
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Frequently Asked Questions about MyPetrolPump
MyPetrolPump was founded in 2016 and raised its 1st funding round 3 years after it was founded.
MyPetrolPump is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
MyPetrolPump is a funded company, having raised a total of $1.76M across 1 funding round to date. The company's 1st funding round was a Seed of $1.76M, raised on Jul 2019.
MyPetrolPump has 38 employees.
The primary company behind MyPetrolPump, Anb Fuels Private Limited, reported revenue of ₹1.74 Cr for FY 2022.
MyPetrolPump was founded in 2016 in Bengaluru, India, within the on-demand fuel delivery sector. Fuel is sourced from local stations and delivered directly to users locations. Services are booked through the website or a mobile app, where deliveries can be scheduled. The app is offered for both iOS and Android devices, facilitating access across urban areas.
MyPetrolPump's top competitors include Simply Auto, Synergy Teletech and Ezefuel.
MyPetrolPump has 3 investors. Key investors include Venture Highway VC, FuelBuddy, and Y Combinator.
MyPetrolPump is associated with 2 legal entities: Anb Fuels Private Limited, Treis Solutions Llp.
Yes. MyPetrolPump was acquired by FuelBuddy in May 2021.
The legal entities of MyPetrolPump currently have 5 directors, including Prernaa Malhotra, Adnan Arsalan Kidwai, Sumit Kumar Narvar and others.