Buyofuel

Founders: Kishan Karunakaran, Venkat Selvan & Sumanth Kumar Selvarasu

ClimaFii Alliance: Cohort 2025

Sector: Agri-Waste to Biofuel

 

Buyofuel operates a B2B marketplace for biofuels and waste-derived energy products, including solid, liquid, and gaseous biofuels, alongside various waste categories like plastics. Its hybrid model features a curated managed marketplace for liquid biofuels and an open marketplace for solid biofuels. The company supports sellers with digital onboarding, supply chain management, and quality assurance, with plans to launch vendor financing and SaaS solutions to address working capital challenges. Through its platform, Buyofuel connects a diverse ecosystem of over 2,000 direct suppliers, 2,000+ Farmer Producer Organisations, and 1,000+ agro-based suppliers with over 800 biofuel manufacturers and 500+ large enterprise buyers.

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