Shark Tank India-featured fuel-tech startup Nawgati raises $2.5 million

Here’s a structured breakdown of the information you provided regarding Nawgati:

Nawgati Funding Overview

• Startup Name: Nawgati
• Founded By:
  • Vaibhav Kaushik
  • Aalaap Nair
  • Aryan Sisodia
• Location: Noida, India
• Founded Year: 2019

Fundraising Details

• Funding Amount: $2.5 million
• Funding Series: Pre-Series A
• Date of Fundraise: Recent (exact date not specified)

Investors

• Lead Investor:
  • Ajay Upadhyaya (Veteran stock market investor)
• Participating Investors:
  • Deepak Bhagnani Family Office
  • MeitY Startup Hub
  • Aamara Capital
  • Angel investors:
  • Sanjay Sharma (former MD, Accenture)
  • Ashish Sharma (co-founder, BRIDGEi2i)
  • Prithvijit Roy (co-founder, BRIDGEi2i)
  • Vivek Mathur (former Partner & COO, Elevation Capital)

Previous Funding

• Previous Raise: ₹1 crore
• Investor: GAIL
• Funding Program: PSU’s startup initiative, Pankh
• Date of Previous Fundraise: January of the previous year

Purpose of Fundraising

• Scale operations across India
• Enhance digital infrastructure for fleet operators and fuel stations
• Support global expansion plans

This summary captures all the key details about Nawgati’s funding, investors, and the founding team.

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2025-05-06 08:12:09