People · Mobility & Logistics

FuelBuddy appoints Jagdeep Kumar Rana as MD

By Startup Enthusiast · 11 August 2026

What they do

FuelBuddy delivers diesel to businesses at their doorstep

It appointed Jagdeep Kumar Rana, ex-Indian Oil executive, as Managing Director for India

Rana will strengthen supply chain, safety, and customer operations as the company scales

FuelBuddy appointed Jagdeep Kumar Rana as its Managing Director for India.
Rana was previously Executive Director (Northern Region) at Indian Oil Corporation from 2024 to 2026.
He is a civil engineering graduate from Regional Engineering College Kurukshetra and an alumnus of IIM Ahmedabad's Management Education Programme.
In his new role, Rana will strengthen supply chain efficiency, safety standards, and customer-facing operations.
The appointment is part of FuelBuddy's strategy to scale its fuel-delivery and energy-distribution network across India.
FuelBuddy was founded in 2017 by serial entrepreneur SK Narvar.
Narvar also founded Trident Realty in 2008, a real estate developer in NCR, MMR, and Tri-City Chandigarh.

FuelBuddy is backed by prominent investors including Ravi Jaipuria (promoter of Varun Beverages and Devyani International), Naveen Jindal (owner of Jindal Steel Ltd), and Nilesh Ved (Apparel Group).
The company operates under Petroleum Rules 2002 (Petroleum Act 1934), which were amended in May 2019 to permit diesel delivery to stationary equipment, heavy machinery, and industrial/commercial users.
Petrol delivery to individuals remains barred due to high flammability.
FuelBuddy also operates internationally in UAE and Africa.

FuelBuddy provides doorstep diesel delivery to businesses under the Petroleum Rules 2002.
Its customers include industrial, commercial, and institutional clients, as well as mining, construction, fleet management, hospitality, hotels, and commercial residences.
Products include DOT (Diesel on Tap), Smart Tank (PESO-approved), Buddy (20-liter PESO-approved containers), and FB-Vault.
The company uses IoT and Cloud-enabled solutions with a five-axis approach: technology, convenience, cashless transactions, quality & quantity, and safety.
It claims 99% customer satisfaction based on 33,000 reviews and over 55,000 happy customers.
Testimonials come from clients like Devyani International Ltd, Prem Motors, Taurus Sarovar Portico New Delhi, Park Plaza Gurgaon, BallPark, and Onesto Labs Pvt Ltd.
Headquarters are in Gurugram.

The appointment is part of FuelBuddy's strategy to scale its fuel-delivery and energy-distribution network across India.

Ravi Jaipuria (existing) — Promoter of Varun Beverages and Devyani International.
Naveen Jindal (existing) — Owner of Jindal Steel Ltd.
Nilesh Ved (existing) — Apparel Group.