(MC)
Oil marketing companies (OMCs) are inviting bids to onboard startups for the doorstep delivery of diesel via mobile petrol pumps. This could be the next big thing waiting to happen in the fuel retail segment in India. OMCs like Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) have sought expressions of interest from startups that want to deal in the doorstep delivery of high-speed diesel (HSD), Business Standard has reported.
Only startups, to be referred to as FuelEnts (fuel entrepreneurs), registered with the Department of Promotion of Industry and Internal Trade (DPIIT) will be considered by OMCs for this venture. The move comes as good news for existing startups such as FuelBuddy, Pepfuels, MyPetrolPump, Humsafar, among others, that were already facilitating OMCs in fuel delivery. They will now be able to sell officially to customers with their names on the invoice.
