GAIL (India) Ltd., a public sector unit (PSU) involved in natural gas processing, has invested $144,075 (about Rs. 1 crore) in Fuel Aggregator Platform Nawgati.
Over the upcoming quarter, the business plans to use the infusion of funds to further develop its technology, expand its geographic reach and add onboard fuel pump stations.
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The Nawgati (CNG Eco Connect) app can more intelligently search over 4000 CNG filling stations in India. It is meant to find all available CNG filling stations.
A few months after the company secured seed money, there is an investment. It received an undisclosed sum from All In Capital during its seed round in October.
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About Nawgati
Together with his co-founders Aalaap Nair and Aryan Sisodia, Vaibhav Kaushik founded Nawgati in 2019 to reduce traffic and utilize resources at petrol stations (especially those that sell CNG and electric) in a way that benefits both fuel businesses and end users.
Fuel stations can use Nawgati’s Aaveg commercial platform, while end users can use the Nawgati Fueling tool, a fuel discovery tool.
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