Noida-based fuel-tech startup Nawgati has raised $2.5 million (INR 21.10 crore) in its Pre-Series A round to boost global expansion and accelerate its smart fleet and fuel management solutions.
The funding round was led by angel investor Ajay Upadhyaya, with participation from the Deepak Bhagnani Family Office, MeitY Startup Hub, Aamara Capital, and prominent angel investors including Sanjay Sharma, Ashish Sharma, Prithvijit Roy, and Vivek Mathur.
Founded in 2019 by Vaibhav Kaushik, Aalaap Nair, and Aryan Sisodia, Nawgati is building a tech-first ecosystem around fuel consumption and management.
The startup provides a consumer-facing app that helps users track fuel consumption, discover fuel stations, and monitor costs.
For fuel station operators, its proprietary dashboard, Aaveg, delivers real-time operational data—enabling better forecasting, congestion management, and regulatory compliance.
Also Read | Korean Skincare Startup KorinMi Raises Rs 3 Cr in Pre-Seed Funding
This fresh capital comes after Nawgati’s earlier fundraise of $1.67 million from MapmyIndia and other investors. The company also attracted investment from All in Capital in 2023, and in January 2024, it received INR 1 crore in support from GAIL under its Pankh startup initiative.
A major part of Nawgati’s roadmap involves scaling its fleet management solutions, currently operational with Mahanagar Gas, to more fuel providers across India.
With plans to go global, the startup aims to contribute meaningfully to the growing need for data-driven mobility and energy solutions.
