• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News
Thursday, June 12, 2025
  • Login
News Mirror
  • Home
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
    • Photography
  • Finance/Money
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
  • Home
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
    • Photography
  • Finance/Money
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
News Mirror
No Result
View All Result
Home Business

GAIL (India) Ltd. Invests in Fuel Aggregator Platform Nawgati under its PANKH Initiative

News Mirror by News Mirror
January 4, 2024
in Business
GAIL (India) Ltd. Invests in Fuel Aggregator Platform Nawgati under its PANKH Initiative
Share on FacebookShare on Twitter
  • This partnership highlights government’s keen interest in addressing the growing need for digitization in the fuel sector
  • Nawgati will utilise the capital infusion towards improving their technology, and geographical expansion and fuel pump station onboarding over the next quarter

New Delhi [India], January 04, 2024: Country’s leading gas refining PSU, GAIL (India) Ltd. has invested INR One CR under its PANKH initiative in Nawgati, a pioneering fuel aggregator startup based in India. This partnership will play a pivotal role in advancing Nawgati’s key focus areas for the upcoming year such as digitising and enriching the complete fueling journey for pump operators, companies, and end-users, elevating the overall industry experience. Furthermore, it will also provide Nawgati with valuable insights and guidance from within the industry.

The funding from GAIL, under their flagship initiative ‘PANKH’ aims at supporting promising startups and fostering innovation in the energy sector, will empower Nawgati to improve their technology and accelerate its expansion efforts. This pivotal investment not only underscores GAIL’s confidence in Nawgati’s potential but also highlights the government’s keen interest in addressing the growing need for digitising the fuel sector, enhancing the overall fueling ecosystem, and mitigating congestion on a large scale.

RelatedPosts

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

Smart Geek Visas Turns Immigration Dreams into Global Success Stories

The Noida-based startup plans to use the funds raised to accelerate its expansion efforts. The primary focus of Nawgati will be onboarding 2,000+ fuel stations onto their retail operations platform, Aaveg. It is a vertical SaaS offering that provides comprehensive oversight of each fuel station on a dashboard, with real-time movement, and under or over-utilization of resources – allowing end-users to make data-backed intelligent decisions.

Commenting on the successful fundraising, Vaibhav Kaushik, Co-Founder, and CEO of Nawgati, said, – “We are thrilled to be recognized by India’s leading PSU, GAIL. This collaboration will further our purpose of simplifying India’s fueling experience by allowing us to expand our services, improve consumer convenience, and equip fuel pump stations with our cutting-edge technology across India. By making processes more efficient and effective, we will not only help our customers increase their top line or decrease their bottom line but also add transparency for the fuel end-consumers and lower congestion at scale.”

Nawgati’s innovative offerings – Aaveg and Nawgati Fueling App have garnered attention from investors and industry experts alike. Since inception, Nawgati has attracted funding from PIED Society (BITS Pilani’s incubator), BITS Spark, MeitY’s Startup Hub TIDE 2.0 scheme, and from the Department of Science & Technology under the NIDHI Seed Support Scheme. In addition to these, Nawgati has amassed support from MapmyIndia and All in Capital, strengthening Nawgati’s vision to disrupt and improve the fuel industry.

Nawgati intends to expand its platform to include a diverse range of fuel outlets, making it a fuel-agnostic platform. This includes not only CNG or petrol pumps, but also charging stations for electric vehicles. Nawgati aspires to take its innovative solutions to the global stage, with plans to onboard 15,000 fuel outlets over the next two years.

About Nawgati

Founded by Aalaap Nair, Vaibhav Kaushik, and Aryan Sisodia, Nawgati, a home-grown, innovative Fuel Aggregator start-up, is on a mission to revolutionise the fuel station experience in India. By providing an intelligent retail ops platform, Aaveg, to fuel stations, and India’s largest fuel discovery app, the Nawgati Fueling App, to end-consumers, Nawgati aims to save valuable time for both fuel providers and consumers, significantly reduce congestion, and improve overall operational efficiency. Nawgati gained recognition when it was featured on Shark Tank Season 2, solidifying its position in the market and attracting prominent investors.

About GAIL

GAIL is India’s biggest natural gas marketing and trading firm and owns 60 percent of the country’s 26,284-km gas pipeline network, giving it a stranglehold on the market. The firm owns and operates large network of Natural Gas pipelines of – 14380 Km; two LPG Pipeline systems of – 2000 Km spread all over India. The government has a 51.45% stake in GAIL India.

Tags: Aalaap NairAavegAryan SisodiaCountry’s leading gas refining PSUFuel Aggregator PlatformFuel Aggregator start-upfuel aggregator startupGAILGAIL (India) Ltd.NawgatiNawgati Fueling AppPANKH InitiativeVaibhav Kaushik
Previous Post

DNV Group and Param Shreem: A Visionary Alliance Redefining Excellence in Design and Facility Management

Next Post

Finally wait is over Shantanu Bhamare’s Fire Of Love RED Hindi Feature Film Released On 5th January 2024, his Jailer’s Role Resolves Murder Mystery in the Film!

Related Posts

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers
Business

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

May 28, 2025
Smart Geek Visas Turns Immigration Dreams into Global Success Stories
Business

Smart Geek Visas Turns Immigration Dreams into Global Success Stories

May 27, 2025
ClinicSpots Digital Services: Empowering Healthcare Brands with Proven Digital Growth
Business

ClinicSpots Digital Services: Empowering Healthcare Brands with Proven Digital Growth

May 20, 2025
Pahia: A Mohali-Based Startup Empowering Street Vendors with Technology
Business

Pahia: A Mohali-Based Startup Empowering Street Vendors with Technology

May 12, 2025
MorningWale Rebrands as ‘The Kirana Next Door’ — A Bold New Chapter in Clean, Everyday Food
Business

MorningWale Rebrands as ‘The Kirana Next Door’ — A Bold New Chapter in Clean, Everyday Food

May 1, 2025
Ice Cream Works Launches Exciting New Line of Popsicles and Ice Cream Bars — All at Just ₹99
Business

Ice Cream Works Launches Exciting New Line of Popsicles and Ice Cream Bars — All at Just ₹99

May 1, 2025
Next Post
Finally wait is over Shantanu Bhamare’s Fire Of Love RED Hindi Feature Film Released On 5th January 2024, his Jailer’s Role Resolves Murder Mystery in the Film!

Finally wait is over Shantanu Bhamare's Fire Of Love RED Hindi Feature Film Released On 5th January 2024, his Jailer's Role Resolves Murder Mystery in the Film!

From Theni to Triumph: The Inspiring Journey of Anifa Biriyani and Its Visionary Founder

From Theni to Triumph: The Inspiring Journey of Anifa Biriyani and Its Visionary Founder

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Ministry of Tourism organises Domestic Tourism roadshow in Goa

December 20, 2020

Torque Ayurveda launches campaign “Care Karo” to drive the awareness regarding ayurvedic products

November 21, 2021

Trending.

Kingston Powers Tomorrow: Enabling the Future of AI with High-Performance Solutions at COMPUTEX 2025

Kingston Powers Tomorrow: Enabling the Future of AI with High-Performance Solutions at COMPUTEX 2025

May 22, 2025
Rice Over Bread: How Lenexis Foodworks Captured India’s Chinese Food Market

Rice Over Bread: How Lenexis Foodworks Captured India’s Chinese Food Market

May 14, 2025
LANXESS significantly increases earnings in fiscal year 2024

LANXESS significantly increases earnings in fiscal year 2024

May 12, 2025
Lotus Derma Botanics Enters the Skincare Arena

Lotus Derma Botanics Enters the Skincare Arena

May 28, 2025
Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

May 28, 2025
News Mirror

© 2022 News Mirror

  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News

Follow Us

No Result
View All Result
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Home
  • Privacy Policy

© 2022 News Mirror

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In