Start online petrol-diesel business in Rs 12 lakh, you will become owner of Rs 100 crore in a year! Government will help

New Delhi. If you want to start a business then you can earn crores by selling fuel online. For this, Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd. (BPCL), Petroleum Process Engineering Services Co. Oil companies like (PESCO) will help. Apart from this you can take help from the government. For this, we talked to the startup company Pepfuel.com, so let us know from them how you can do the business of selling fuel door-to-door.

Startups recognized by Govt
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 message. Tikendra, Prateek and Sandeep of Noida have started it together. A few years after starting the business, the annual turnover of his company reached around Rs 100 crore.

Also read- Top Saving Schemes: Invest money in these 5 schemes! You will get double profit, tax will also be saved

Know how you started your business
Feedback taken from people of Delhi-NCR
Startup founder Tikendra says that he did a lot of research on it. Went door to door, talked to people and took online feedback. In the feedback, 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 says that till 2016, there was no permission for petrol delivery in the country. Recently the government has given permission for this. At that time diesel delivery was the only option before us. We started work on the delivery of diesel itself.

Also read- ICICI Bank is giving opportunity to buy cheaply! There will be a saving of Rs 10,000 on jewelery and Rs 20,000 on electronics goods.

Received cooperation from oil companies
Sandeep, another founder of the company, says, ‘We have partnered with Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd. (BPCL), Petroleum Process Engineering Services Co. Sent their suggestions to oil companies like (PESCO). We also sent our respective startup ideas to the PMO. After a few days we received a reply from the PMO. On the other hand, on behalf of Indian Oil based in Faridabad, we were also asked to submit the detailed project report i.e. DPR of our business. He says, we sent the DPR of our project to Indian Oil. After getting the approval, we started our business.

Tags: Indian Oil, Online business, Petrol and diesel