About The Fuel Delivery
The Fuel Delivery is a company based in Mumbai (India) founded in 2020 by Rakshit Mathur.. The Fuel Delivery has raised $2 million across 1 funding round from investors including Drake Trade and Investment. The company has 12 employees as of March 21, 2024. The Fuel Delivery offers products and services including Fuel Delivery App and Diesel Supply Service. The Fuel Delivery operates in a competitive market with competitors including Repos, Deliverfuel, Tankup, Fuelkart and PatmosFuel, among others.
- Headquarter Mumbai, India
- Employees 12 as on 21 Mar, 2024
- Founders Rakshit Mathur
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Rst Fuel Delivery Private Limited
- Date of Incorporation 18 Aug, 2020
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$3.34 M (USD)90.57as on Mar 31, 2023
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Net Profit
$-429.16 K (USD)-27.15as on Mar 31, 2023
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EBITDA
$-431.61 K (USD)-111.57as on Mar 31, 2023
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Aug 01, 2023
- Investors
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Employee Count
12
as on Mar 21, 2024
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Products & Services of The Fuel Delivery
The Fuel Delivery offers a comprehensive portfolio of products and services, including Fuel Delivery App and Diesel Supply Service. 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.
App for ordering and tracking diesel deliveries efficiently.
Direct delivery of diesel to industrial and residential users.
Funding Insights of The Fuel Delivery
The Fuel Delivery has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in August 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 Total Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(01 Aug 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - The Fuel Delivery | Valuation | Drake Trade and Investment |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in The Fuel Delivery
The Fuel Delivery has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Drake Trade and Investment. 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 |
|---|---|---|---|---|
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by The Fuel Delivery
| 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 - The Fuel Delivery
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
The Fuel Delivery Comparisons
Competitors of The Fuel Delivery
The Fuel Delivery 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 Repos, Deliverfuel, Tankup, Fuelkart and PatmosFuel, 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 |
Provider of mobile energy distribution solutions for liquid, gas, and electric
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| domain | founded_year | HQ Location |
On-demand fuel delivery services are provided via a mobile app.
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| domain | founded_year | HQ Location |
Doorstep fuel delivery is facilitated via a mobile application platform.
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| domain | founded_year | HQ Location |
Delivers high-quality diesel fuel directly to customers at competitive prices online.
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| domain | founded_year | HQ Location |
Provides comprehensive fuel delivery solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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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Latest news on The Fuel Delivery
Frequently Asked Questions about The Fuel Delivery
When was The Fuel Delivery founded?
The Fuel Delivery was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is The Fuel Delivery located?
The Fuel Delivery is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of The Fuel Delivery?
Rakshit Mathur is the current CEO of The Fuel Delivery. They have also founded this company.
Is The Fuel Delivery a funded company?
The Fuel Delivery is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Aug 01, 2023.
How many employees does The Fuel Delivery have?
As of Mar 21, 2024, the latest employee count at The Fuel Delivery is 12.
What is the annual revenue of The Fuel Delivery?
Annual revenue of The Fuel Delivery is $3.34M as on Mar 31, 2023.
What does The Fuel Delivery do?
The Fuel Delivery was founded in 2020 and is headquartered in Mumbai, India. An app-based platform is utilized for managing fuel delivery operations within the logistics sector. Services encompass pre-booking of fuel, order placement, real-time monitoring, and payment processing. The platform is accessible on Android and iOS devices, supporting efficient fuel distribution for users in the region.
Who are the top competitors of The Fuel Delivery?
The Fuel Delivery's top competitors include Tankup, Repos and Deliverfuel.
What products or services does The Fuel Delivery offer?
The Fuel Delivery offers Fuel Delivery App and Diesel Supply Service.
Who are The Fuel Delivery's investors?
The Fuel Delivery has 1 investor. Key investors include Drake Trade and Investment.