Noida-based fuel-tech startup Nawgati has secured $2.5 million in a Pre-Series A funding round, a significant boost to its vision of making fuel management more intelligent and accessible. The round was led by Ajay Upadhyaya, with participation from the Deepak Bhagnani Family Office, MeitY Startup Hub, Aamara Capital, and seasoned 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 approach to fuel management through its core product — a fuel tracking and discovery app for consumers and businesses. The app helps users locate nearby fuel stations, monitor fuel consumption, and optimize spending. For fuel station operators, Nawgati offers Aaveg, a real-time operational dashboard that enables smarter resource allocation, reduces congestion, enforces compliance, and improves forecasting.
This new capital infusion follows a $1.67 million investment in an earlier round led by MapmyIndia, highlighting growing investor confidence in Nawgati’s vision and execution.
Nawgati says the fresh funds will be used to strengthen its presence across India and fuel its global expansion, a move that could redefine fuel accessibility and efficiency in both developed and emerging markets. The startup is also working on scaling its fleet management offering, which is currently operational with Mahanagar Gas, to a broader set of fuel companies.
“At Nawgati, we’re not just solving for fuel accessibility — we’re building an intelligent ecosystem around it,” said the founders in a joint statement. With rising fuel prices and growing demand for efficiency in fleet operations, Nawgati’s platform could play a key role in how individuals and enterprises manage energy consumption going forward.
