Fuel-tech startup Nawgati raised $2.5 million in a pre-Series A round led by investor Ajay Upadhyaya. The company aims to expand its fleet solutions beyond Mahanagar Gas, scale globally, and enhance its Aaveg platform, which streamlines fuel station, fleet, and consumer operations.
Fuel-tech platform Nawgati has raised $2.5 million (about Rs 21 crore) in a pre-series A funding round led by ace stock market investor Ajay Upadhyaya . #Operation Sindoor India-Pakistan Clash Live Updates| Pak moving troops to border areas? All that’s happening Why India chose to abstain instead of 'No Vote' against IMF billion-dollar funding to Pakistan How Pak's jihadi general Munir became trapped in his own vice The round also saw participation from Deepak Bhagnani Family Office , MeitY Startup Hub, Aamara Capital, and prominent angels -- Sanjay Sharma (former MD, Accenture), Ashish Sharma and Prithvijit Roy (founders, BRIDGEi2i), and Vivek Mathur (former Partner & COO, Elevation Capital). The company is also expanding its fleet offering, currently operational with Mahanagar Gas , to other fuel providers, a company statement said.
"With this round, we are focused on deepening our presence in India and accelerating our entry into global markets.
Our goal remains to deliver real, measurable value to both businesses and end users as we scale our partnerships and technology offerings," Vaibhav Kaushik, CEO and cofounder of Nawgati, said.
Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Nawgati has developed solutions that connect fuel stations, fleet operators, and consumers on a single platform, Aaveg.
The platform enables better utilisation of fuel networks, streamlines refuelling operations, reduces wait times, and offers real-time visibility into fuel availability and fleet movement for the general public.
The Cabinet has approved a Rs 7,145.14 crore, 117.7-km access-controlled greenfield highway between Kanpur and Kabrai on NH-34 in Uttar Pradesh. The BOT toll project is designed to cut travel time from 3.5 hours to 1.5 hours, strengthen links to the Kabrai mining belt and Bundelkhand corridor, and lower logistics friction for freight, construction material and agricultural movement.
NHAI has launched Multi-Lane Free Flow tolling at Manoharpura Toll Plaza on the Delhi-Jaipur section of NH-48 in Rajasthan. The barrier-free FASTag and ANPR system matters because it cuts toll-stop idling on a busy highway corridor, but users now need proper FASTag balance and must clear any e-notice within 72 hours to avoid double charges.
India has reset windfall-linked export duties from July 1, 2026 by raising the levy on petrol exports to Rs 4 per litre while cutting diesel and aviation turbine fuel export duties to Rs 8.50 and Rs 7.50 per litre respectively. The move matters because it changes refining economics, export incentives and the downstream pressure points that can eventually shape domestic fuel availability, airline costs and broader transport pricing.
State-run oil companies cut the 19-kg commercial LPG cylinder price by Rs 183.50 from July 1, 2026 and reduced aviation turbine fuel by Rs 5 per litre to about Rs 110 in Delhi. The move offers relief to restaurants, hotels and airlines, but household LPG, petrol and diesel users are still waiting.
