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Pune, Maharashtra, India
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BiofuelCircle is a Pune-based cleantech startup founded in June 2020 that operates India’s first digital platform for biomass and biofuel supply chain management, marketplace transactions, and logistics. Biofuel Circle The platform connects farmers, rural enterprises, biomass processors, and industrial buyers to enable efficient aggregation, trading, and distribution of agricultural residue and other biofuels, helping replace fossil fuels and reduce carbon emissions. Biofuel Circle BiofuelCircle’s marketplace supports dynamic price discovery, logistics services, financing facilitation, and quality assurance to create a circular economy around agro-waste. Biofuel Circle The company has expanded operations across multiple Indian states, built rural biomass banks, and engaged thousands of farmers to prevent stubble burning and convert crop residues into value-added products such as fermented organic manure. BioEnergy Times +1 With backing from investors including Spectrum Impact, Better Capital, and Mumbai Angels, BiofuelCircle is scaling physical and digital infrastructure to integrate rural producers into the bioenergy value chain. BioEnergy Times
Suhas Baxi
Co‑Founder & CEO
Operating since 2020
51-200 Members
Eco-system
Agricultural Lands
Cities and Towns
Villages
Sub-sectors
Renewable Energy
Sustainable Agriculture
Industrial Sustainability
Converting agricultural waste into market-linked bioenergy and rural income.
Biomass digital aggregation: BiofuelCircle’s platform digitally connects rural biomass suppliers and farmers with central warehouses and biomass banks, enabling structured storage and quality control. BioEnergy Times
Online marketplace and bidding: The cloud-based marketplace lists biomass and biofuel product offerings, enabling industrial buyers to bid, procure, or enter term contracts seamlessly. Biofuel Circle
Logistics and tracking: GPS and telematics-based mobile applications track biomass collection, transport, and delivery, improving logistics transparency and reliability. BioEnergy Times
Rural partner network: Village-level enterprises operate as local biomass banks and service providers for aggregation, storage, and evacuation of agricultural residue. Biofuel Circle
Digital financing and settlement: Integrated digital payment and financing support enables farmers and suppliers to engage with buyers without traditional financial barriers. Biofuel Circle
Quality assurance and ecosystem services: BiofuelCircle categorizes and verifies suppliers through scoring systems, ensuring supply chain quality and facilitating contracts with large buyers. Renewable Watch
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