FuelBuddy forms partnership with IOCL for lubricants delivery

FuelBuddy, India’s first door-to-door fuel delivery service has formed a partnership with Indian Oil Corporation Ltd. (IOCL) for lubricant delivery across India. 

IOCL is India’s highest ranked energy public sector undertaking (PSU) for the marketing of automotive and industrial lubricant, SERVO. SERVO has the largest market share of finished lubricants in India, with 27%.

B.B. Patra, chief general manager, Lube Retail Sales, IOCL signed the agreement with FuelBuddy.

With this and other past associations, FuelBuddy is set to establish an organised and digitised lubricant delivery system across India.

“With IOCL being a diversified, integrated energy major with its presence in almost all the streams of oil, gas, petrochemicals, and alternative energy sources, this association will be fruitful for both the organisations to responsibly deliver lubricants along with our existing partnership for fuel delivery to the consumers. With FuelBuddy’s extensive doorstep fuel delivery and management system in place, it will be a great opportunity for us to market and supply SERVO to our target customers as well,” said R Udayakumar, chief general manager, Lube Sales, IOCL

“We are very excited to have joined hands with IOCL, the largest oil marketing company in the country. With IOCL’s SERVO holding the largest market share in the lubricants industry, we are confident that the consumer demand for doorstep lubricants will gradually increase on our app. With our already established distribution channel and the recent technological advancements in the country, we will be approaching our existing as well and new customers to avail the service. We were planning at expanding our services portfolio pan India, especially in the lubricants market and this partnership with India’s top player establishes our vision and we are all set to be the first player in the industry to be doing so,” said Neeraj Gupta, CEO-India Business, FuelBuddy.