About MyPetrolPump
MyPetrolPump is a company based in Bengaluru (India) founded in 2016 was acquired by FuelBuddy in May 2021.. 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 as of April 08, 2024. MyPetrolPump operates in a competitive market with competitors including Simply Auto, Synergy Teletech, Fill My Fuel, Ezefuel and Xpress Fuels, among others.
- Headquarter Bengaluru, India
- Employees 38 as on 08 Apr, 2024
-
Sectors
Transportation, Automotive & LogisticsBusiness Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Anb Fuels Private Limited
- Date of Incorporation 29 Jul, 2016
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$210.56 K (USD)-97.01as on Mar 31, 2022
-
Net Profit
$-24.47 K (USD)94.23as on Mar 31, 2022
-
EBITDA
$-16.37 K (USD)-193.46as on Mar 31, 2022
-
Total Equity Funding
$1.76 M (USD)
in 1 rounds
-
Latest Funding Round
$1.76 M (USD), Seed
Jul 29, 2019
-
Investors
Venture Highway VC
& 2 more
-
Employee Count
38
as on Apr 08, 2024
-
Acquired by
FuelBuddy
(May 09, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.8M
-
First Round
First Round
(29 Jul 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Seed - MyPetrolPump | Valuation | Venture Highway |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage investments are made in fintech, retail, and healthtech sectors.
|
Founded Year | Domain | Location | |
|
Early-stage startups are accelerated via funding and educational programs.
|
Founded Year | Domain | Location | |
|
IoT-enabled diesel delivery and fuel management solutions are provided.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by MyPetrolPump
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - MyPetrolPump
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mypetrolpump Comparisons
Competitors of MyPetrolPump
MyPetrolPump 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 Simply Auto, Synergy Teletech, Fill My Fuel, Ezefuel and Xpress Fuels, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App for tracking vehicle mileage, fuel consumption, and maintenance records.
|
|
| domain | founded_year | HQ Location |
On-site fuel delivery and refueling services are provided.
|
|
| domain | founded_year | HQ Location |
Operates a digital platform for convenient fuel delivery services.
|
|
| domain | founded_year | HQ Location |
Ezefuel is a mobile app providing on-demand fuel delivery services for consumers.
|
|
| domain | founded_year | HQ Location |
Operates an online platform to deliver convenient refuelling services for consumers.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Mypetrolpump
Frequently Asked Questions about MyPetrolPump
When was MyPetrolPump founded?
MyPetrolPump was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is MyPetrolPump located?
MyPetrolPump is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is MyPetrolPump a funded company?
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 29, 2019.
How many employees does MyPetrolPump have?
As of Apr 08, 2024, the latest employee count at MyPetrolPump is 38.
What is the annual revenue of MyPetrolPump?
Annual revenue of MyPetrolPump is $210.56K as on Mar 31, 2022.
What does MyPetrolPump do?
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.
Who are the top competitors of MyPetrolPump?
MyPetrolPump's top competitors include Simply Auto, Synergy Teletech and Xpress Fuels.
Who are MyPetrolPump's investors?
MyPetrolPump has 3 investors. Key investors include Venture Highway VC, FuelBuddy, and Y Combinator.