TrucksUp, IndianOil launch smart fleet card for logistics firms
09 May 2025
1 Min Read
CW Team
Logistics tech firm TrucksUp has partnered with Indian Oil Corporation Ltd (IndianOil) to introduce the XTRAPOWER-Fleet Card, a digital fuel and fleet management solution tailored for transport and logistics operators.
Through a Memorandum of Understanding (MoU), the companies aim to offer fleet operators, MSMEs, and corporates an integrated platform for managing fuel expenses, tracking transactions, and optimising operational costs. The card ensures seamless digital transactions and access to IndianOil’s network of over 40,000 outlets.
Key features include 24/7 recharge via multiple payment methods (RTGS, UPI, NEFT, credit cards), flexible credit options through NBFCs, loyalty rewards including 0.40% cashback, and insurance coverage for drivers and one co-traveller. It also supports B2B system integration for streamlined operations.
TrucksUp users will benefit from real-time tracking, improved asset utilisation, and reduced cash dependency—factors crucial to enhancing logistics efficiency.
“This collaboration simplifies fleet operations with a secure and smart payment system,� said Sarthak Elwadhi, Co-founder, TrucksUp. IndianOil’s support and TrucksUp’s tech-driven approach aim to transform how transport businesses manage fuel and finances.
Logistics tech firm TrucksUp has partnered with Indian Oil Corporation Ltd (IndianOil) to introduce the XTRAPOWER-Fleet Card, a digital fuel and fleet management solution tailored for transport and logistics operators.Through a Memorandum of Understanding (MoU), the companies aim to offer fleet operators, MSMEs, and corporates an integrated platform for managing fuel expenses, tracking transactions, and optimising operational costs. The card ensures seamless digital transactions and access to IndianOil’s network of over 40,000 outlets.Key features include 24/7 recharge via multiple payment methods (RTGS, UPI, NEFT, credit cards), flexible credit options through NBFCs, loyalty rewards including 0.40% cashback, and insurance coverage for drivers and one co-traveller. It also supports B2B system integration for streamlined operations.TrucksUp users will benefit from real-time tracking, improved asset utilisation, and reduced cash dependency—factors crucial to enhancing logistics efficiency.“This collaboration simplifies fleet operations with a secure and smart payment system,� said Sarthak Elwadhi, Co-founder, TrucksUp. IndianOil’s support and TrucksUp’s tech-driven approach aim to transform how transport businesses manage fuel and finances.
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