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Buyofuel, an online biofuel marketplace in India, announced a strategic alliance with BSE E Agricultural Markets Limited (BSE BEAM). The partnership aims to improve the efficiency and reach of the biofuel sector and benefit producers, manufacturers and consumers alike.
According to Buyofuel, the collaboration will see BSE BEAM leverage its extensive network of farmers and producer organisations (FPOs), while Buyofuel will leverage its large base of corporate buyers of biofuels. The aim of the partnership is to combine BSE BEAM’s agricultural expertise with Buyofuel’s corporate contacts, thereby expanding market access for both companies.
As bioenergytimes.com reports, the initiative will address critical issues facing the biofuel industry by combining BSE BEAM’s agricultural resources with Buyofuel’s market insights. This integration is expected to streamline the supply chain, reduce transaction times and improve reliability, creating a more sustainable and efficient biofuel ecosystem.
Kishan Karunakaran, Founder and CEO of Buyofuel, said, “Our partnership with BSE BEAM is a critical step towards our goal of democratizing green fuels and promoting a sustainable future. By combining our strengths, we aim to deliver exceptional value to our customers and play a significant role in reducing the carbon footprint.”
