FACE TO FACE: Kishan Karunakaran, Chief Executive Officer, Buyofuel

Kishan Karunakaran, Founder and Chief Executive Officer, Buyofuel, shares his exclusive insights into the India's unique online biofuel marketplace and a key player in the bioenergy sector

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In a freewheeling conversation with Rahul Koul, Chief Editor, BioVoice News, Kishan Karunakaran, Founder and Chief Executive Officer, Buyofuel, shares his exclusive insights into the India’s unique online biofuel marketplace and a key player in the bioenergy sector. Aimed at making biofuel accessible, Buyofuel is a one-stop solution for connecting raw materials aggregators, manufacturers, consumers and waste.
Key Questions:
♦ What inspired you to create an online marketplace for biofuels and can you walk us through how it works and what unique value it offers to both buyers as well as sellers?
♦ What types of biofuels are available on the platform, and plans to expand the range of products offered?
♦ How do you address challenges such as quality and authenticity of the biofuels being traded; and logistical challenges such as transportation and delivery? Which regulatory compliances have to be adhered to by your company?
♦ How do you look at the current biofuel and overall bioenergy market in India in terms of challenges and opportunities. Global Biofuel Alliance during G20 and its relevance?
♦ The Government has temporarily suspended the 20% Ethanol blending programme in December 2023. How do you look at that and your overall expectations from the policymakers and other stakeholders?
♦ They are expecting to close this financial year with a revenue of $20 million. How has been the company’s financial performance in the last few years and what are the growth prospects and expansion plans ahead?
About Kishan Karunakaran: Backed by a vision of creating an empowering platform for trading of biofuel-based commodities, Kishan Karunakaran is steering the growth of Buyofuel as its CEO. A visionary leader, he comes with over 12 years of experience and a proven track record as a biofuel entrepreneur. Under his stellar leadership, the company is successfully empowering trading of biofuel-based commodities in a quick and secured manner by providing a platform with verified buyers and sellers. He utilizes his strong network with renewable fuel manufacturers across India, Middle East, and Southeast Asia and adds value across the entire value chain of biodiesel- from technology development, commercialization, sourcing, supply chain and access to important markets.

Click here now to watch the full interview for detailed insights.