Fuel tech startup Nawgati raises $2.5 Mn in pre-Series A round

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Startup Details

• Startup Name: Nawgati
• Founders:
  • Vaibhav Kaushik
  • Aalaap Nair
  • Aryan Sisodia
• Founded: 2019

Fundraising Details

• Latest Funding Round: Pre-Series A
• Amount Raised: $2.5 million
• Date of Fundraise: Not specified

Investors

• Lead Investor: Ajay Upadhyaya
• Participating Investors:
  • Deepak Bhagnani Family Office
  • MeitY Startup Hub
  • Aamara Capital
  • Sanjay Sharma
  • Ashish Sharma
  • Prithvijit Roy
  • Vivek Mathur

Previous Funding

• Amount Raised Previously: $1.67 million
• Previous Investors: MapmyIndia and others (not specified)

Purpose of Funds

• Use of Proceeds: Global expansion and strengthening regional presence across India.

Core Offering

• Product: Fuel management app for tracking fuel usage and managing fuel costs.

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2025-05-06 07:38:15