Success Story Starting a Door to Door Delivery Fuel Business and earn 100 Crores
New Delhi. Who does not like earning money? It just requires the right investment at the right time. A good business idea can make you a millionaire. The same happened with three friends from Noida. These three friends are Tikendra, Prateek and Sandeep. Till the year 2014, all three used to work in different private companies. One day suddenly an idea came into the conversation and on that idea, he started a company. Today the annual turnover of this company is more than 100 crores.
This is how the journey started:- (Success Story Starting a Door to Door Delivery Fuel Business and earn 100 Crores )
Tikendra and Sandeep used to work in the Noida-based tech company Samsung. At the same time, Prateek used to work in Axicom. Prateek and Tikendra were roommates. One day all three had gone out for a walkout of Delhi when the fuel ran out in the middle of the way. They did not find a single fuel station around 10 km on the way. At the same time, he decided to do an online diesel business and in the year 2015 started a company named Pepfuel.com (startup Pepfuel.com).
Government Recognized Startups:-(Success Story Starting a Door to Door Delivery Fuel Business and earn 100 Crores )
Pepfuel.com (Pepfuel.com) is a government-recognized startup. Pepfuels has a third-party agreement with Indian Oil. This is for door-to-door delivery (online diesel delivery). On this app, customers can order online or through messages.
Learn how to start a business:-(Success Story Starting a Door to Door Delivery Fuel Business and earn 100 Crores )
Startup founder Tikendra told News18 Hindi that we did a lot of research on this. Talked to people from door to door and took online feedback. It was told in the feedback that 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 explains 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 itself.
Cooperation with oil companies
Another founder of the company, Sandeep says, “We have established Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd. (BPCL), Petroleum Process Engineering Service Co. (PESCO) sent their suggestions to oil companies. Along with this, we had also sent the idea of our startup to the PMO. After a few days, we got the answer from PMO. On the other hand, on behalf of Indian Oil based in Faridabad, we were also asked to submit the Detail Project Report (DPR) of our business. They say, we sent the DPR of our project to Indian Oil. After getting the approval, we started our business.