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[Funding alert] Fuel delivery platform Fuel Buddy raises Rs 12 5 Cr from investors

[Funding alert] Fuel delivery platform Fuel Buddy raises Rs 12.5 Cr from investors Earlier in September 2020, it had raised Rs 17 crore ($2.3 million) in seed funding from SK Narvar with a further capital commitment of Rs 17 crore on a need basis. 0 claps Rs 12.5 crore from investors, including the Jaipuria Family Office. Established in 2016, Fuel Buddy is a pioneer in the fuel delivery industry in India. The Delhi-based company is an app based, IoT and cloud enabled fuel delivery service. It is a tech-enabled platform which provides on-demand fuel delivery along with value-added services. The service offers a safe and secure experience, accurate quantity, and pure fuel at prevailing market prices ensuring customer convenience, the company said in a statement.

Amid COVID-19 surge, Centre to import 50,000 MT of medical oxygen

Centre to import 50,000 MT medical oxygen, set up PSA plants as demand spike

Centre to import 50,000 MT medical oxygen, set up PSA plants as demand spike Medical oxygen is a critical component in the treatment of COVID affected patients. There has been increasing demand for medical oxygen, especially from the 12 states with a high burden of active COVID cases BusinessToday.In | April 16, 2021 | Updated 15:43 IST During the group s review of essential medical equipment and oxygen amid a spike in COVID-19 cases, a mapping exercise was undertaken to assess the sources of medical oxygen and the production capacity The Health Ministry s empowered group 2 (EG2), during a meeting on Thursday, decided to map oxygen sources for 12 high-burden states, identify 100 hospitals more for PSA plants and import 50,000 MT of medical oxygen.

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