Nawgati is in advanced discussions to raise $5.2 million in its upcoming Series A funding round, with the company’s valuation expected to exceed $70 million. The round is likely to see participation from a diverse mix of investors, including listed companies, prominent celebrities, family offices, and existing backers.
The potential funding marks a key milestone for Nawgati as it accelerates its ambition to build a global Vertical AI platform for the mobility sector. The company has already begun expanding internationally, with active deployments and growing traction in markets such as Sri Lanka and United Arab Emirates.
Nawgati is also witnessing increasing inbound interest from Western markets for large-scale deployment of its fuel-station AI technology, signaling growing global demand for its mobility-focused solutions.
Nawgati’s existing investor base includes prominent names such as Vyom Partners (private investment arm of the Polycab family), Ajay Upadhyaya Family Office, Deepak Bhagnani Family Office, GAIL (India) Limited, and MeitY Startup Hub. The company had previously raised $2.5 million in its Pre-Series A round led by Ajay Upadhyaya, along with participation from Vyom Partners, Deepak Bhagnani Family Office, and MeitY Startup Hub.
Commenting on the development, Vaibhav Kaushik, Co-Founder & CEO of Nawgati, said, “We are building Nawgati as a global vertical AI company for the mobility and fuel ecosystem. Over the past year, we have validated our technology across diverse markets, and the strong inbound interest from international players reinforces the scalability of our platform. This upcoming round will enable us to accelerate global deployments, deepen our AI capabilities, and strengthen both our enterprise and consumer offerings. Our focus remains on solving real-world inefficiencies in fuel and mobility through intelligent, data-driven infrastructure.”
The fresh capital will be deployed to hyperscale Nawgati’s AI-first solutions across global markets, further strengthening its enterprise offerings for fuel and mobility stakeholders. A key focus area will also be the expansion of Nawgati’s consumer-facing fuelling app, aimed at enhancing user convenience and transparency. In parallel, the company plans to accelerate the onboarding of fuel operators and petrol pump dealers across India through its flagship dealer platform, Aaveg Pro.
The company has won multiple prestigious recognitions, including the Best on Campus honor at the ET Startup Awards 2025, selection for the Google for Startups Accelerator, and the inclusion of its Co-Founder, Vaibhav Kaushik, in Forbes 30 Under 30 Asia. These accolades highlight the company’s strong innovation capabilities and its emergence as a high-potential player in the global mobility-tech ecosystem.
Nawgati’s technology stack, anchored in deep learning and real-time analytics, is designed to optimize fuel station operations, reduce congestion, improve throughput, and enable data-driven decision-making for operators and fleet managers. With increasing global demand for efficiency and digitization in fuel retail, Nawgati is positioning itself as a category-defining player in the evolving mobility-tech ecosystem.
