TrucksUp, a player in logistics technology, has partnered with Indian Oil Corporation Limited (IndianOil) to roll out the XTRAPOWER-Fleet Card — a comprehensive digital solution designed to transform fuel and fleet management in the logistics sector. This strategic alliance aims to simplify fuel payments and enhance operational efficiency for logistics service providers across India, according to an official press release.
As part of the partnership, TrucksUp and IndianOil have signed a Memorandum of Understanding (MoU) to provide small logistics firms, fleet operators and corporate customers with access to the XTRAPOWER-Fleet Card Program. The initiative is geared towards boosting transparency, cost-effectiveness, and control over fuel-related expenses.
Commenting on the partnership, Sarthak Elwadhi, Co-founder of TrucksUp, said, “At TrucksUp, our mission has always been to introduce technology-driven solutions that simplify logistics operations. Our collaboration with IndianOil to introduce the XTRAPOWER-Fleet Card is a crucial step in that direction. Facilities like 24/7 transactions through multiple modes and products like tracking, insurance and reward points have enhanced the experience for the driver community and transport business owners. This program will empower fleet operators by providing them with a seamless, secure, and transparent fuel payment solution, ultimately driving efficiency in logistics and transportation.”
The XTRAPOWER-Fleet Card allows fleet operators to manage expenses with ease through features like 24/7 recharge options using RTGS, NEFT, IMPS, UPI, debit/credit cards and internet banking. It supports multiple transaction modes — including chip cards, mobile, and RFID — across IndianOil’s vast network of over 40,000 fuel outlets, the release mentioned.
Adding to this, Wahid Raza, Vice President – VAS, TrucksUp, stated, “Fuel management is a critical aspect of logistics operations, and the XTRAPOWER-Fleet card is set to revolutionize how businesses control and monitor fuel expenses. With the support of Indian Oil’s robust infrastructure, our customers can now enjoy greater convenience, cost savings, and operational excellence.”
Furthermore, through this collaboration, TrucksUp customers will have access to IndianOil’s extensive network of fuel stations across India, ensuring seamless and reliable fuel availability. The program provides benefits including fuel savings, exclusive cashback offers, enabling truck owners and operators to save on fuel costs, increase asset utilization, reducing cost of operation and boosting operational efficiency.