Fuel-tech platform Nawgati raises $2.5 million

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. 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…