New Delhi. If you want to start a business, you can earn crores by selling fuel online. For this, oil companies like Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd. (BPCL), Petroleum Process Engineering Service Co. (PESCO) will help. Apart from this, you can take help from the government. For this, we talked to the startup company Pepfuel.com, so let’s know from them how you can do the business of selling fuel door-to-door.
Government recognized startup
Pepfuel.com is a government-recognized startup. Pepfuels has a third party agreement with Indian Oil. This is for door-to-door delivery (online diesel delivery). Customers can order online or through messages on this app. Tikendra, Pratik and Sandeep of Noida have started it together. A few years after starting the business, the annual turnover of their company reached around 100 crores.
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Know how you started your business
Feedback taken from the people of Delhi-NCR
Startup founder Tikendra says that he did a lot of research on this. Went door-to-door and talked to people and took online feedback. In the feedback, every second person said that there should be an online app for petrol and diesel. However, starting the business of online delivery of petrol and diesel is quite risky. Tikendra says that till 2016, there was no permission for petrol delivery in the country. Recently the government has given permission for this. At that time, the only option before us was diesel delivery. We started working on diesel delivery only.
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Support from oil companies
Sandeep, another founder of the company, says, ‘We sent our suggestions to oil companies like Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd. (BPCL), Petroleum Process Engineering Service Co. (PESCO). We also sent our startup idea to PMO. We got a reply from PMO within a few days. On the other hand, Faridabad-based Indian Oil also asked us to submit a detailed project report (DPR) of our business.’ He says, we sent the DPR of our project to Indian Oil. After getting approval, we started our business.
Tags: Indian Oil, online business, petrol and diesel
FIRST PUBLISHED : April 8, 2021, 05:45 IST