Rishabh Gupta

Rishabh Gupta is an Indian entrepreneur and the Founder & CEO of My Indifuels Pvt Ltd, a company focused on sustainable energy solutions. Known for his innovative approach, he has introduced eco-friendly fuel technologies, including converting plastic waste into high-quality diesel and petrol. With successful ventures like My Fuels Petrol Pump and My Indiwheels, Rishabh continues to drive advancements in renewable energy and contribute to environmental sustainability.

Early Life and Education

Rishabh Gupta, the visionary founder of My Indifuels Pvt Ltd, was born on April 11, 1998, in Maudaha, District-Hamirpur, Uttar Pradesh, India. From an early age, he exhibited a strong inclination toward entrepreneurship and innovation. After completing his intermediate education, Gupta chose to forgo traditional higher studies to pursue his passion for business and sustainable energy solutions. His decision to step away from conventional education marked the beginning of his ambitious entrepreneurial journey.

Career

Founding of My Indifuels Pvt Ltd In pursuit of his goal to revolutionize the energy sector, Rishabh Gupta founded My Indifuels Pvt Ltd on April 20, 2017. His company focuses on biofuels, drop-in fuels, and sustainable energy solutions, aiming to provide environmentally friendly alternatives to traditional fossil fuels.

Key Milestones

Gupta's entrepreneurial journey is marked by several significant milestones:

2017: Established My Indifuels Pvt Ltd with a vision to develop biofuels and drop-in fuels.
2018-2020: Expanded operations, built a strong network in the renewable energy sector, and introduced advanced fuel solutions.
2021: Launched My Fuels Petrol Pump, a brand providing high-quality fuels at prices lower than traditional market rates.
2022: Filed a patent for producing high-quality diesel and petrol from waste plastic, a breakthrough innovation in waste-to-energy technology.
2024: Introduced My Indiwheels, a brand offering doorstep fuel delivery services, addressing logistical challenges in the fuel supply chain.
2025 (Present): Oversees 12 operational petrol pumps, with over 30 more under construction across Uttar Pradesh and Madhya Pradesh.

As the CEO of My Indifuels, Rishabh Gupta continues to drive innovation, focusing on sustainable solutions and expanding his company's impact in the renewable energy sector.

Awards and Recognitions

Throughout his career, Rishabh Gupta has received numerous accolades for his contributions to the energy industry. Notable awards include:

Young Entrepreneur Award for his leadership in renewable energy.
Sustainable Business Leadership Award for promoting environmentally friendly fuel solutions.
Startup Excellence Award for establishing My Indifuels as a key player in the biofuels sector.
Innovation in Green Energy Award for pioneering efforts in drop-in fuels and sustainable energy solutions.
Top 10 Biofuel Entrepreneurs of India, recognized by industry publications for his impactful work.
Excellence in Renewable Fuels, Biofuels, and Green Hydrogen Award, presented by RED FM and conferred by filmmaker Anurag Kashyap.

Vision for the Future

Rishabh Gupta envisions a future where cleaner, more efficient, and sustainable fuel alternatives are widely accessible. With his patent for converting plastic waste and biomass into high-quality diesel and petrol, Gupta aims to address both environmental concerns and global energy demands.

His future goals include:

Developing Sustainable Aviation Fuel (SAF) from oil waste to decarbonize the aviation industry.
Building an e-commerce platform for structured and efficient biofuel transactions.
Advancing India's carbon credits and Extended Producer Responsibility (EPR) compliance sector to promote sustainable practices.
Expanding into solar energy and electric vehicles (EVs) to support clean energy transitions.

Challenges Faced

Rishabh Gupta's entrepreneurial journey has faced numerous challenges, including:

Regulatory Complexities: Navigating evolving biofuel regulations, environmental clearances, and certifications.
Technology Development: Ensuring the scalability and cost-effectiveness of new biofuel technologies.
Market Acceptance: Overcoming skepticism toward renewable energy solutions and educating stakeholders.
Financial Barriers: Securing investment to expand infrastructure, refineries, and the e-commerce platform.
Supply Chain Management: Ensuring a consistent supply of plastic waste, biomass, and oil waste for fuel production.
Industry Expansion: Entering the solar and EV markets, requiring partnerships and strategic alignment.

Despite these challenges, Rishabh Gupta's dedication to innovation and sustainability has propelled My Indifuels Pvt Ltd toward significant growth.

Philanthropy

In addition to his business ventures, Rishabh Gupta actively participates in social causes. He serves as a director in an NGO dedicated to cow welfare and social development, demonstrating his commitment to community upliftment and environmental sustainability.

Collaborations

Rishabh Gupta has collaborated with various companies, entrepreneurs, and policymakers to promote renewable energy innovations. His initiatives include:

Developing patented technology for converting plastic waste into high-quality fuels.
Advancing Sustainable Aviation Fuel (SAF) technology.
Establishing an e-commerce platform to streamline the biofuels industry.
Supporting carbon credits and EPR compliance efforts to encourage sustainable practices.

Personal Life

Outside of his professional pursuits, Rishabh Gupta enjoys playing cricket, reading books, and listening to ghazals. These hobbies reflect his diverse interests and balanced lifestyle.