Buyofuel empowers the biofuels industry by connecting raw material aggregators, biofuel manufacturers, fuel consumers and waste generators all in one app.

Basic Information

The primary vision behind Coimbatore-based Buyofuel is to create an empowering platform for trading of Biofuel based commodities in a quick and secure manner, providing a nurturing platform with verified buyers and sellers. Through their platform one can find trustworthy and verified business connections, run their business with up-to-date industry intelligence, negotiate business pricing strategically, track multiple offers and make calculative business decisions, plan their transactions with structured payment systems, and access analytics and understand business dealings in depth. See more

Legal Name

:

Buyo India Pvt. Ltd.

Headquarters

:

Coimbatore, Tamil Nadu, India

Founding Date

:

2020

No. of Employees

:

<10

Core Team

:
1.

Kishan Karunakaran

Co-Founder and CEO

2.

Venkateswaran Selvan

Chief Technology Officer

3.

Sumanth Kumar

Chief Marketing Officer

See More

Funding

Total Funding

$13.7k

Investors

:

1.

StartupTN

2.

AIC RAISE

Detail Round Breakdown

Round 1

$210k

Series Name

:

SEED

Date

:

11th Nov 2021

Investors

:
1.

Inflection Point Ventures