As more and more services move closer to people’s homes, the next big revolution could be in the fuel market with many startups - like FuelBuddy and Repos Energy - already in the game.
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Oil companies hone in
The time is ripe now, it would seem, as oil companies like Indian Oil and Bharat Petroleum are in talks to rope in startups for door-to-door fuel deliveries.
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Going mainstream
Indian Oil has made tangible moves, asking startups to send in EoIs for fuel delivery sometime this month, which would position the startups as fuel entrepreneurs.
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FuelEnts
With the mainstreaming of the fuel delivery service looking more likely, startups could be looking at at least a few thousand crores in investment in the days to come.
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Major scope
Industry experts feel that there are going to be at least 20,000 entrepreneurs looking to get a slice of the fuel delivery pie, with a market that could be worth at least a five to six thousand crore investment.
