Start online fuel business and give Rs 100 crores per annum
Pepfuel.com is a government recognized startup.
How to start my own business in India: If you want to start a business, you can earn crores by selling online fuel business. For this, Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd. (BPCL), Petroleum Process Engineering Service. (PESCO) oil companies will help.
Government Recognized Startups
Pepfuel.com (Pepfuel.com) is a government recognized startup. Pepfuels has a third party agreement with Indian Oil. This is for online diesel delivery. Customers can order online or via message on this app. Noida’s Tikendra, Prateek and Sandeep have started it together. A few years after the start of business, the annual turnover of his company reached around 100 crores.
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The founder of the startup Tikendra says that he has done a lot of research on this. Talked to people from house to house and got online feedback. In the feedback, every other 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 allowed this. At that time only diesel delivery was the only option before us. We started work on the delivery of diesel only.
Collaboration with oil companies
Another founder of the company, Sandeep, says, “We have purchased Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd. (BPCL), Petroleum Process Engineering Service. (PESCO) sent its suggestions to the oil companies. Along with this, we also sent the idea of our startup to the PMO. A few days later, we received a reply from the PMO. On the other hand, on behalf of Indian Oil based in Faridabad, we were also asked to submit a detailed project report (DPR) of our business. They say, we sent DPR of our project to Indian Oil. After getting approval, we started our business.