In what might be the Uber-Ola moment for fuel retail in India, oil marketing companies (OMCs) are planning to rope in start-ups or FuelEnts (fuel entrepreneurs) for doorstep delivery of high-speed diesel (HSD) through mobile petrol pumps. This move is expected to help garner around Rs 9,000 crore of investments, according to industry experts.
The OMCs — Indian Oil, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation — have invited expressions of interest (EoIs) from start-ups that wish to be enrolled as FuelEnts.
The OMCs — Indian Oil, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation — have invited expressions of interest (EoIs) from start-ups that wish to be enrolled as FuelEnts.
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