
Nawgati
Intelligent congestion management for fuel stations and more.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 Valuation: €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | $2.5m | Seed | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 100 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Nawgati is a fuel commerce startup aiming to optimize the fuel station experience for both consumers and station owners. Founded in 2019 by Vaibhav Kaushik, Aalaap Nair, and Aryan Sisodia, the company emerged from their shared frustration with the inefficiencies of traditional fueling processes, such as long queues and uncertainty about fuel availability. The founders' backgrounds in engineering and business from BITS Pilani and their participation in the BITS' Pilani incubator, PIED Society, provided a strong foundation for developing a technology-driven solution for the retail fuel sector.
The core of Nawgati's offering is a comprehensive platform designed to streamline fuel station operations and enhance customer convenience. For consumers, the 'Nawgati Fueling' app provides real-time data on fuel prices, wait times at nearby stations, and the availability of specific amenities like nitrogen filling or air pressure checks. This allows drivers to make informed decisions, reducing wait times and improving their overall experience. The platform has served over 1.5 million users and is operational in cities including Delhi-NCR, Mumbai, and Bangalore.
For fuel station owners, Nawgati offers a queue management system, 'Aaveg', which provides a dashboard to monitor operations, manage congestion, and process payments efficiently. The business model appears to be multifaceted, likely involving a combination of B2B solutions for station owners and potentially B2C revenue streams. The company's system aims to increase the throughput of vehicles at stations, thereby boosting sales for the owners. By providing a single platform for both dealers and end-users, Nawgati addresses inefficiencies across the entire fueling value chain, positioning itself as a key player in the digitization of India's retail fuel market.
Keywords: fuel commerce, queue management, fuel delivery, retail fuel, fleet management, mobility solutions, fuel station operations, consumer fuel app, logistics tech, energy tech