Their primary motive is to enable consumers and companies to access fuel without any hassle by conceptualizing the idea as it is a location-based fuel delivery system
December 30, 2019. By News Bureau
Pepfuels has announced that it has inaugurated there first ‘Start-up owned and operated browser under SOOB model.
Pepfuels is the first company in the history of the segment to have achieved this important milestone. It is first start-up in the model of Start-up Owned and Operated Bowser (SOOB) for last mile doorstep delivery of fuel (Diesel), powered by Indian Oil Corporation Ltd. They are eagerly awaiting the final touches on the policy formulation and plan to add 100 such Browser’s across various states over the next one year.
Pepfuels has a tri-party agreement with IOCL and, currently they are also in process of having an agreement with Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited. Company also envisions at creating more innovative concepts to uplift the consumer experience in the fuel consumption segment.
Their primary motive is to enable consumers and companies to access fuel without any hassle by conceptualizing the idea as it is a location-based fuel delivery system. To reduce the price volatility and increase productivity, Tikendra Yadav, Mr. Sandeep Thakur and Mr. Pratik Kathil geared up Pepfuels.
Below are the things they worked on:
New lane discipline at Retail Outlets designed and implemented to make the customer fuelling journey smooth and efficient and much more.
“The team undertook the responsibility of approaching the Government with the notion and convinced them of the benefits. The team developed a model to deliver quality fuel to the companies and industries at economical prices. In May 2019, Memorandum of Understanding was signed between Indian Oil and Pepfuels marking the official launch of the concept. Pepfuels is the pioneer in the avenue to have introduced the concept of location-based fuel delivery systems in the country. “- said Tikendra Yadav, Founder, Pepfuels.
“The corporates, industries, travel and tourism companies lose a considerable part of their revenue in fuel-related wastages. This loss can be quantified in terms of money, time and workforce utilisation. Pepfuels addresses all these concerns by providing the fuels to their desired location at a minimal cost.”- said Sandeep Thakur, Co-Founder, Pepfuels.
The dedication and perseverance of Tikendra Yadav, has been instrumental in creating an effective technique that would be highly beneficial to the masses.
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