CYRRUP SOLUTIONS PRIVATE LIMITED

In their own words

Reports suggest that on an average, around 31% of trucking operational costs are accounted towards fuel cost. Fuel theft is a major contributor towards this cost, wherein, around 8% of total diesel filled in trucks is stolen during transit. As per statistics, 2 million tons of diesel was stolen in 2017. Cyrrup is working towards minimizing this cost, by controlling fuel theft. We use our innovative product Diesel Eye to detect fuel theft. Implemented using an IoT based sensor, with a non-drilling technology in the fuel tank, it is installed under the dashboard of the vehicles. Backed by our Machine-Learning algorithm, it detects and records fuel inlet/outlet and theft information, along with the GPS location and Timestamp. All this data is presented to the vehicle owners in the form of a 1-minute report, using the dashboard of our android app. This report is sent at the end of each day, thus removing the hassle of day-to-day alerts; and for an owner of a fleet of 500 vehicles, this eases his job such that in a 1-minute snapshot, he knows the action he is supposed to take. The reports also help him in figuring out the mileage of the vehicles, such that he can figure out which vehicles he needs to send for servicing and which not. Technology: Machine Learning, accompanied by IoT based sensors, followed by Cloud Analytics, and Android App.

Written by the company on its public Startup India profile. Not verified by us.