News > FuelBuddy raises $20M in a round led by Jindal Steel and Power

FuelBuddy raises $20M in a round led by Jindal Steel and Power

FuelBuddy, a mobile energy distribution platform, has raised $20 million in a round led by Jindal Steel and Power Limited, RJ Corp, and Nilesh Ved (Chairman of Apparel Group, UAE) through a special purpose vehicle. “This funding of $20 million will further bolster the expansion of our portfolio pan-India and globally, while achieving FuelBuddy’s holistic vision of providing energy services to users across the world,” said SK Narvar, an initial investor in FuelBuddy.