Nawgati Secures $2.5 Million for Global Expansion
Nawgati Secures $2.5 Million for Global Expansion

Nawgati Secures $2.5 Million for Global Expansion

News summary

Fuel-tech startup Nawgati has raised $2.5 million in a pre-Series A funding round led by investor Ajay Upadhyaya, with participation from Deepak Bhagnani Family Office, MeitY Startup Hub, Aamara Capital, and several prominent angel investors. The company plans to use the funds to deepen its presence in India and accelerate global expansion, focusing on scaling its fleet management and digital solutions for fuel stations and operators. Nawgati’s flagship platform, Aaveg, integrates fuel stations, fleet operators, and consumers, offering real-time visibility into fuel availability, fleet movement, and operational data. This technology aims to streamline refueling, reduce congestion and wait times, and enable smarter resource allocation and compliance management. The fleet solution is already live with Mahanagar Gas and will be expanded to other major fuel companies. The latest investment builds on Nawgati’s prior backing from GAIL, the Department of Science and Technology, MeitY Startup Hub, and Shark Tank India investors.

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