The funding from GAIL, under their flagship initiative ‘PANKH’ aims at supporting startups and fostering innovation in the energy sector, will empower Nawgati to improve their technology and accelerate its expansion efforts.
The primary focus of Nawgati will be onboarding over 2,000 fuel stations onto their retail operations platform, Aaveg. It is a vertical SaaS offering that provides oversight of each fuel station on a dashboard, with real-time movement, and under or over-utilisation of resources – allowing end-users to make data-backed intelligent decisions.
“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,” said Vaibhav Kaushik, Co-Founder, and CEO of Nawgati, in a statement.
