OIL & GAS

Fyool app to offer cashback on fuel purchase

A new app ‘Fyool’ was launched on Tuesday that promises to offer cashbacks to users on purchase of fuel. The ‘Made in India’ app, which is currently available for download on Android phones, will be made available for iOS (Apple) users next month.

Users need to upload a picture of the receipts of their fuel (petrol, diesel and CNG) purchases to the app and they will receive a certain percentage of the amount as cashback. This cashback can then be used to purchase goods from the platform.

“Our intention is to extend the benefits of cashback to the common man. We want to reduce the burden on the middle-class people who have been hard hit by the pandemic situation,” Fyool founder Raunak Sharma said at a virtual briefing.

IT services major Tata Consultancy Services (TCS) on Tuesday said it has been selected as a strategic partner by Norway-headquartered global energy company, Equinor to accelerate the latter’s digitalisation journey and help realise its vision of becoming a digital energy company.

Source
ET Energy World
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