Nawgati, A Newer Way To Fill Your Tanks! - Start-Up Hyderabad
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Nawgati, A Newer Way To Fill Your Tanks!

 2 months ago    

Nawgati, a fuel-filling management and congestion monitoring platform bags a sweet deal from sharks Aman and Amit with an investment of Rs. 67L for 3%!

Nawgati, a fuel filling management platform - Shark Tank India
Nawgati founders seal the deal with Sharks Aman and Amit.

Finding a fueling station on your way to work and when you reach there, you find out that it’s out of gas or there is a long queue. This information is incidental for consumers but more so for businesses. So, to provide a solution to this problem, founders Vaibhav Kaushik, Aalaap Nair, and Aryan Sisodia began Nawgati. To combat congestion at fuel stations through state-of-the-art congestion monitoring and management systems, Nawgati was born.

Nawgati has 2 products: a fueling app and an aaveg dashboard. Moreover, with over 6L app downloads, 1.25L active, and 15K daily users; Nawgati is revolutionizing the way we wait through its intelligent queue management system. Additionally, using cutting-edge AI technology, Nawgati analyzes real-time data to optimize queue lengths, reduce waiting times, and provide personalized service to each customer. From a business perspective, filling stations can view a real-time digital representation of their stations, manage their workforce, analyze protocol compliance, and monitor congestion in the station. Lastly, the subscription fee per station per month ranges from 5k-25k on average.

Seeking an investment of Rs. 67 lakhs for 2% equity, Nawgati pitches to the tank. Sharks Aman and Amit team up and offer a final deal investing Rs. 67 lakhs for 3% equity. Closing the deal at this offer, the founders of Nawgati team up with Sharks Aman and Amit!

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Rituka M

I am an avid reader and have a passion for writing. Being a law student coming from a commerce background, I have a flair for learning about the dynamic legal and business fraternity, as well as becoming an entrepreneur myself. Innovation, creativity, and hard work are the sole drivers to growth and is my mantra for life.

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