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Indian Oil Corporation has announced a tie-up with the Bengaluru-based logistics start-up Fortigo for expanding its reach to fleet operators by using the latter’s platform.
Fortigo aims to provide technology-based solutions to truck owners for managing their inventories and planning their operations and journeys effectively to save time and reduce transportation costs.
“The strategic partnership is the first of its kind in Indian oil industry. During the current fiscal year, IndianOil has taken up a lead in tying up with technology platforms, including rural e-commerce platform StoreKing and Amazon, to enable IndianOil’s XTRAPOWER customers to redeem their loyalty points,” an official statement added.
Fortigo is funded by various venture capitalists, including Nandan Nilenkani.
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