Fuel aggregator start-up Nawgati has secured an undisclosed investment from GAIL (India) Limited. This funding is part of GAIL’s flagship initiative called ‘Pankh’ that aims at supporting promising startups and fostering innovation in the energy sector 

The company added in its statement that the capital infusion will play a pivotal role in advancing its key focus areas for the upcoming year such as digitising and enriching the complete fueling journey for pump operators, companies, and end-users, elevating the overall industry experience. 

Furthermore, it will also provide Nawgati with valuable insights and guidance from within the industry, the statement added.   

While the transaction's terms were not disclosed, the Noida-based start-up plans to use the funds raised to accelerate its expansion efforts. The primary focus of Nawgati will be onboarding 2,000+ fuel stations onto their retail operations platform, Aaveg. It is a vertical SaaS offering that provides comprehensive oversight of each fuel station on a dashboard, with real-time movement, and under or over-utilization of resources – allowing end-users to make data-backed intelligent decisions.  

Commenting on the fundraising, Vaibhav Kaushik, co-founder, and CEO of Nawgati, said, - “This collaboration will further our purpose of simplifying India’s fueling experience by allowing us to expand our services, improve consumer convenience, and equip fuel pump stations with our cutting-edge technology across India. By making processes more efficient and effective, we will not only help our customers increase their top line or decrease their bottom line but also add transparency for the fuel end-consumers and lower congestion at scale.”   

The company's offerings such as Aaveg and Nawgati Fueling App, have gained recognition from both investors and industry experts. Since its establishment, the start-up has secured funding from various sources, including PIED Society (BITS Pilani’s incubator), BITS Spark, MeitY’s Start-up Hub TIDE 2.0 scheme, and the Department of Science and Technology through the NIDHI Seed Support Scheme. Additionally, Nawgati has received funding from MapmyIndia and All in Capital.