Wed, Mar 29, 2017 | updated 02:48 PM IST

FreeCharge witness fuel transactions enough for 200 trips across the globe

Updated: Jan 04, 2017 15:53 IST

New Delhi [India], Jan 4 (ANI): Digital payments company FreeCharge has announced its phenomenal performance in the fuel category within six months of the category launch.

The company has shared the value of transactions on FreeCharge for fuel purchases was enough for a tourist to take 200 trips round the earth on road.

FreeCharge had ventured into the fuel category with HPCL, starting with a pilot programme which now covers nearly 60 percent outlets of HPCL.

It had recently announced signing a pan-India arrangement with IOCL, HPCL and BPCL for deployment of its payment solution at their outlets. As a part of the tie-up, FreeCharge has already gone live at more than 10,000 outlets across nearly 1,000 cities in India.

FreeCharge is aiming to double this count by end of the month and cover all the 53,000 petrol pumps of the country at the earliest.

While consumers can use FreeCharge to pay for fuel at leading outlets across all the metros, the major win is in the activation of outlets in locations such as Assam, J&K, Pondicherry and other tier II and III cities as well. In order to make the payment at the outlet, a consumer just needs to enter his phone number and punch in the On-The-Go-Pin in the POS machine at the outlet to complete the transaction.

In the past six months alone, FreeCharge has seen enough transaction value to cover 8.2 million kms, which is nearly 200 times the circumference of our planet. Another interesting trend is that the average value of these transactions is close to Rs. 210-220, which shows habit building tendency for consumers.

"It's heartening to see so many consumer transactions in the first six months of the category. We are thrilled to be building cashless habits for frequent expenses like fuel. We are soon expanding our presence to thousands of petrol pumps across the country and see the trend going upward driven by our seamless experience," said CEO FreeCharge, Govind Rajan. (ANI)

New Delhi [India], Mar. 29 (ANI): FutureDial, a provider of device processing solutions partnered with Rocking Deals in order to examine and certify the quality of refurbished products that are being sold in the Indian market.

Full Story >>

New Delhi [India], Mar 29 (ANI-NewsVoir): Home Credit, one of the fastest growing NBFCs in India that has completed five years of operations in the country has emerged as the market leader in small ticket size loans.

Full Story >>

New Delhi [India], Mar. 29 (ANI): India's 'star serial entrepreneur' Sandeep Aggarwal announced plans of investing Rs. 20 Crore in up to 12 start-ups by the end of this year, in the areas of healthcare, tech and retail.

Full Story >>

New Delhi [India], Mar 29 (ANI): Union Finance Minister Arun Jaitley on Wednesday called the Goods and Services Tax (GST) Bill revolutionary, saying it will benefit all with the free movement of goods across the country.

Full Story >>

New Delhi [India], Mar 29 (ANI-NewsVoir): GoDaddy, the world's largest cloud platform dedicated to small, independent ventures, today announced the launch of GoDaddy's new Website Builder combining a mobile optimized website builder with an integrated set of marketing and e-commerce tools, making it easy for small businesses in India to attract visitors and drive results.

Full Story >>

Astana Expo-2017 road show held in Delhi

Updated: Mar 29, 2017 11:39 IST

New Delhi [India], Mar.29 (ANI): With less than three months to go for Expo-2017, an international exposition scheduled to take place between June 10 and September 10, 2017 in Astana, Kazakhstan, the Embassy of Kazakhstan in India and two leading tour operators of India and Kazakhstan --Sayat Travel (Kazakhstan) and Salvia Travels Pvt. Ltd. (India) - organised a road show on the theme "Travel the Great Silk Road and visit Astana Expo-2017" here.

Full Story >>

New Delhi [India], Mar. 29 (ANI-NewsVoir): Opple, a global integrated lighting solutions company and one of world's Leading LED Lighting brand launched a unique and innovatively designed light, Twinkle Star. This is Opple's newest addition to their range of home luminaries.

Full Story >>

New Delhi [India], Mar. 29 (ANI-NewsVoir): Yakult Danone India Pvt. Ltd., a joint venture between Yakult Honsha, Japan and Groupe Danone, France, both global leaders in probiotics, announced Bollywood celebrity Shilpa Shetty Kundra as their new Brand Ambassador.

Full Story >>

New Delhi [India], Mar. 28 (ANI): The Economic Affairs Secretary, Shaktikanta Das on Tuesday set the gross market borrowing for the first six months at Rs 3.71 lakh crore or 64per cent of the full year's target of Rs 5.8 lakh crore.

Full Story >>

Idea launches 4G services in Jammu

Updated: Mar 28, 2017 17:22 IST

New Delhi [India], Mar 28 (ANI): Telecom operator Idea Cellular on Tuesday announced its operations of world class 4G services in Jammu and Kashmir circle.

Full Story >>

New Delhi [India], Mar. 28 (ANI-NewsVoir): Pachouli - a leading health, fitness and beauty brand joined hands with India Designer Society to partner for one of its kind fashion reality show "India Kids Fashion Fest."

Full Story >>

New Delhi [India], Mar 28 (ANI): Given the continuing sluggishness in the key real estate and construction sectors, ICRA expects the overall steel consumption growth for FY2017 to be lower than the previous year levels.

Full Story >>

New Delhi [India], Mar 28 (ANI): In pursuance with the decision of Dr. K M Cherian, Chairman and CEO of Frontier Lifeline Hospital (FLL) and Remigijus Zaliunas, Rector Professor of the Lithuanian University of Health Sciences (LSMU), a Memorandum of Understanding (MOU) has been signed between both the institutions, for promoting and reinforcing cooperation, mutual exchange of views and information, improvement of research and academic programmes and also exchange of experts and researchers.

Full Story >>

New Delhi [India], Mar 28 (ANI-NewsVoir): E. Elumalai, BSc., Student (final year, Perambur Branch, Chennai) of Chennais Amirta International Institute of Hotel Management, brought laurels to the city winning bronze medal in the Culinary Art India 2017 competition. The 12th edition of the national level competition was part of Aahar International Fair held at Pragathi Maidan, New Delhi from 6th to 11th March 2017. It was organized by India Trade Promotion Organization (ITPO) in association with Indian Culinary Forum (ICF).

Full Story >>

New Delhi [India], Mar 28 (ANI): Capillary Technologies, the leader in cloud-based OmniChannel Engagement and Commerce solutions has partnered with Exclusífe to provide comprehensive CRM solutions to retailers of all sizes in India.

Full Story >>

New Delhi [India], Mar 28 (ANI): Largest telecommunications services provider Bharti Airtel Limited on Tuesday announced the successful completion of the secondary sale of over 190 million shares of its subsidiary Bharti Infratel Limited (Bharti Infratel) representing 10.3 percent, to a consortium of funds advised by KKR and Canada Pension Plan Investment Board for a total consideration of over Rs. 6,193.9 crore (approx. USD 951.6 million), executed at a price of Rs. 325 per share.

Full Story >>

New Delhi [India], Mar 28 (ANI): Housing.com has launched a unified platform for real estate developers and partners to manage their business, 'Housing Partner'.

Full Story >>

New Delhi [India], Mar 28 (ANI): India's largest Income Tax returns e-filing and enterprise compliance service provider ClearTax on Tuesday launched its GST e-learning kit to educate the business community and make over 2.5 lakh CAs and Tax Return Preparers GST-ready and help them serve over 1 crore businesses.

Full Story >>

New Delhi [India], Mar 28 (ANI): Digital platform that connects, engages and helps sports audiences interact with each other on a real-time basis, Rooter on Tuesday announced raising of an undisclosed amount of funds from Intex, one of India's fastest growing consumer electronic goods and accessories manufacturer.

Full Story >>

New Delhi [India], Mar 28 (ANI-NewsVoir): As per a National Book Trust NCAER survey in 2009, there were 83 million Indians (13-35 age group) reading books for leisure in 2009. Reading in Hindi, Marathi, Bengali and English primarily, 46 percent of the respondents chose "knowledge enhancement" as a reason for reading books.

Full Story >>