Buyofuel, an online biofuel marketplace in India, announced a strategic alliance with BSE E Agricultural Markets Limited (BSE BEAM). The partnership is set to improve the efficiency and reach of the biofuel sector, benefiting producers, manufacturers, and consumers alike.
According to Buyofuel, the collaboration will see BSE BEAM leverage its extensive network of farmers and farmer producer organizations (FPOs), while Buyofuel will tap into its large base of corporate biofuel buyers. The partnership aims to combine BSE BEAM’s agricultural expertise with Buyofuel’s corporate connections, thereby broadening market access for both entities.
As reported by bioenergytimes.com, the initiative will address critical issues within the biofuel industry by integrating BSE BEAM’s agricultural resources with Buyofuel’s market insights. This integration is expected to streamline the supply chain, shorten transaction times, and improve reliability, creating a more sustainable and efficient biofuel ecosystem.
Kishan Karunakaran, Founder and CEO of Buyofuel stated, “Our partnership with BSE BEAM represents a pivotal step in our goal to democratize green fuels and foster a sustainable future. By merging our strengths, we aim to deliver exceptional value to our customers and play a significant role in reducing carbon footprints”.