Nawgati, a Noida-based fuel-tech startup aiming to modernise fuel station management and fleet logistics, has raised $2.5 million in a pre-Series A funding round to expand its footprint across India and venture into global markets.
The round was led by prominent investor Ajay Upadhyaya and drew participation from the Deepak Bhagnani Family Office, MeitY Startup Hub, Aamara Capital, and seasoned angel investors including Sanjay Sharma (former MD, Accenture), Ashish Sharma and Prithvijit Roy (co-founders of BRIDGEi2i), and Vivek Mathur (former Partner & COO, Elevation Capital).
Nawgati – Streamlining Operations Since 2019
Founded in 2019 by Vaibhav Kaushik, Aalaap Nair, and Aryan Sisodia, Nawgati leverages technology to streamline operations across India’s fuel distribution sector, a domain long overdue for digital transformation. The startup gained visibility as a featured venture on Shark Tank India, where it attracted early-stage investment and industry attention.
At its heart is its crown jewel platform Aaveg, a real-time analysis suite for fuel stations, fleet managers, and end-users. Aaveg offers real-time data on fuel availability, vehicle queues, and station congestion, reducing waiting times, optimizing the utilization of resources, and enforcing operating compliance.
“With this round, we are focused on deepening our presence in India and accelerating our entry into global markets,” said CEO and co-founder Vaibhav Kaushik.
Nawgati’s fleet offering is already live with Mahanagar Gas and is expected to be rolled out to other major fuel players soon. The fresh capital will be used to scale these deployments, refine the product stack, and expand internationally, particularly in markets facing similar infrastructure inefficiencies.
This latest round builds on Nawgati’s earlier backing from organizations like GAIL (India) through its startup initiative PANKH, the Department of Science and Technology (DST), MeitY Startup Hub, and investors associated with Shark Tank India, BITS Spark, and Girnar Growth Ventures.
Investor Ajay Upadhyaya emphasized the untapped potential in the sector: “Fuel infrastructure touches the lives of millions each day, yet it remains technologically underserved. Nawgati stands out by addressing this gap with an actionable, scalable platform.”
As India and other emerging economies accelerate infrastructure modernization, startups like Nawgati are positioning themselves at the intersection of essential services and intelligent technology. With its focus now set on both national scale and international expansion, Nawgati aims to redefine how energy logistics are experienced by businesses and consumers alike.
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