2019
Noida (India)
Seed
Nawgati is an innovative fuel-tech startup specializing in digital solutions for the fuel distribution ecosystem. Nawgati operates across major Indian markets with ambitions for global expansion. The company’s core mission is to revolutionize the fuel station experience for both consumers and providers through technology-driven products.
Nawgati operates a SaaS-driven, B2B2C business model that monetizes its platform through multiple channels and its Primary Revenue Streams:
Subscription Fees: Fuel stations and gas providers pay a monthly subscription to access the Aaveg Dashboard, with pricing ranging from ₹5,000 to ₹25,000 per month depending on features and scale.
Licensing Fees: Nawgati licenses its technology to fuel station operators, fleet companies, and, in the future, EV charging stations.
Premium Consumer Services: The Nawgati app offers basic features for free, with potential for premium, value-added services for end-users.
Revenue Sharing: Collaborations with fuel stations and providers may involve revenue-sharing models based on increased station throughput or operational savings.
B2B: Fuel station owners, gas companies (CNG, petrol, diesel), fleet operators, and (soon) EV charging infrastructure providers.
B2C: Individual vehicle owners and drivers seeking real-time fuel station information and reduced wait times.
Market Expansion: Nawgati is aggressively expanding across India and targeting international markets, using recent funding to strengthen its presence and onboard more stations.
Product Innovation: The company is enhancing its AI and deep learning capabilities to provide smarter congestion management and operational insights.
Partnerships: Collaborations with major fuel companies, government agencies, and technology partners to scale distribution and adoption.
Diversification: Plans to extend its platform to electric vehicle charging stations, broadening its addressable market and supporting the transition to sustainable transportation.
Nawgati is an innovative Indian startup transforming fuel station management through AI and real-time data analytics. By reducing congestion and wait times at CNG and fuel stations, Nawgati benefits both station operators and consumers, saving time, increasing efficiency, and lowering emissions. Backed by major investors and government grants, the company is rapidly expanding across India and aims to support the country’s shift toward smarter, greener transportation infrastructure. Overall, Nawgati stands out as a key player driving digital transformation in India’s fuel retail sector.
$4.17 Million
7
$2.5 Million , Pre-Series A
as of May 6, 2025
$21.2 Million
as of August 12, 2024
5.08
as of August 12, 2024
All In Capital
and 3 more19
N/A
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
May 6, 2025 | Pre-Series A | $2.5 Million | - | - | - | - |
December 29, 2023 | Seed | $1.1 Million | $21.2 Million | $90.0 K | - | AIC-GIM Foundation, Aamara Ventures, Amritkaal Ventures, GAIL, GirnarSOFT |
October 11, 2023 | Seed | Undisclosed | - | $74.0 K | - | All In Capital |
February 23, 2023 | Angel | $80.9 K | $4.1 Million | $17.0 K | 231.3x | Shark Tank |
August 8, 2022 | Seed | $461.0 K | $4.8 Million | $8.7 K | 394.7x | Ahmedabad University ,MapmyIndia, Capper Ventures, Shiksha Infotech, Angel List |
July 21, 2021 | Seed | Undisclosed | $268.0 K | $615 | - | PIEDS |