fuel ark
TRANSCRIPT
THE VIBRANT STARTUP
CHALLENGE
www.globalceoconclave.com
About Your
Startup
Name of founders1. Arpeet Gupta2. Avnish Kumar
Name of the organisationBriston Technomach Pvt. Ltd.
AddressAddress: 302- Agarwal Millenium Tower, Netaji Subhash Palace, Pitampura, Delhi - 34City: Delhi
Social linkshttp://fuelinc.in
https://www.youtube.com/watch?v=arQHFeygkU8
Contact number+91-9999776345
What does your
startup do?
WORRIED ABOUT EVER INCREASING FUEL BILLS?
Have an ACCOUNT of EVERY FUEL DROP you use with
All of us must be getting fuel refilled in our cars. Can you ever be sure if you weren't ripped-off or cheated? People are running blind when it comes to fuel expense management. It is even a bigger headache for businesses who have fuel as an operational cost. FuelArk Technology enables the end user to accurately monitor, how much fuel their machineries are consuming. Even if someone takes a liter of fuel out FuelArk comes to know. Apart from this FuelArk generates automated fuel expenses reports eliminating the possibility of pilferages in the chain. Its USP is that FuelArk can tell with pin point accuracy the amount of fuel in the fuel tank. Not just this FuelArk brings all the machineries in a single window thus, making management more swift and efficient . With all the data we have, analytics are performed to derive asset performances and to enable users to take pre-emptive action.
REAL TIME FUEL MONITORING
FILLING NOTIFICATIONS
THEFT NOTIFICATIONS
INTEGRATION WITHFLEET MANAGEMENT
Tell us something
about your
founders
NameArpeet Gupta
Alumnus, IIT Delhi, B.tech Mechanical Engineering
Arpeet Gupta, B.tech in mechanical engineering from IIT Delhi 2013 batch is the co-founder of the technology FuelArk.He was placed in a subsidary of Toyota,Japan from campus but decided to stay in the country and develop product that could transform the nation. He has filed a patent for the technology “FuelArk” which is under the final stage of examination.
Social linkshttps://www.facebook.com/arpeetg?
fref=ts
Tell us something
about your
founders
NameAvnish Kumar
Social linkshttps://www.facebook.com/
avncoolspirit
Alumnus, IIT Delhi, B.tech + M.Tech Electrical Engineering
Avnish Kumar, B.tech + M.Tech in Electrical Engineering from IIT Delhi 2014 batch is the co-founder of the technology FuelArk. A technology freak and electronics enthusiast, he likes to automate anything with wireless technology. He was placed in Qualcomm India, a leader in Telecommunciations and Chipsets, but declined for his entrepreneureal zeal. A robotics enthusiast he has a lot of faith in Technology to solve India’s toughest problems.
How is your
startup different from the
other startups?
We firmly believe that every startup is trying to solve a particular problem in their own struggle and so are we. We have to give each one respect for the risk and passion they are taking.
But the thing which differentiate from the rest is :• We provide the best in Class accuracy i.e. 99% when properly calibrated• We feel we cater an unmet need i.e. Finding exactly how much fuel you consume?• Our aim is BIG! To keep track of every drop of fuel being consumed anywhere in
India.• Awarded the « Best Startup Showcased » at the IIT Delhi Alumni Meet 2014• Strong IP. Patent filed for the technology awaiting examination• AIR 63 at the « Rajasthan Udyog Protsahan Yojana » and were offered a loan of
INR 80 lac from the Govt. of Rajasthan.• Rockstar Team and a group of great advisors and mentors from IIT Delhi.
HIGHLY ACCURATE FUEL VOLUME DETECTION
EFFICIENT ALGORITHMS TO ENHANCE RELIABLITY
CLOUD BASED UI. INFO ANYTIME, ANYWHERE
How is your
startup transforming India?
PROBLEM INSIGHT
60% OF OPERATIONAL COST IS FUEL
BY FAR THE MAIN COST
NO MEANS TO MONITOR
FUEL EXPENSE
ALMOST EVERYONEIS RUNNING BLIND
AT LEAST15% LOSS
DUE TO PILFERAGES AND MISMANGEMENT
How is your
startup transforming India?
OUR ROLE
Fuel Management which is a huge unmet need of the era. In India about 81 billion liters of fuel is being consumed annually in different sectors such as logistics, power generation and many more. The consumption is bound to increase as the country move towards globalization and industrialization.
In this bright future we want to play a significant role :
• We help People, Businesses and Government having Fuel as a huge expense, manage fuel expenses like never before
• We put Fuel pilferages to zero. Fuel theft to zero• Our Aim is to keep track of every drop of fuel used in India• We bring unheard of efficiencies to machines with our solution• We help make Fuel Consuming Machines work efficiently for most of their life• Analytics to take Asset Management to a whole new level• FuelArk will revolutionize the way India businesses manage their Fuel Expenses
@Vibgujfacebook.com/vibrantgujarat @CEOConclavefacebook.com/vibrantgujarat