Nawgati Shark Tank India Season 2

by IndiaSuccessStories March 18, 2024

written by IndiaSuccessStories March 18, 2024 0 comment

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Nawgati Shark Tank India Season 2

Pitch no 121 with company details

Nawgati

Nawgati, a revolutionary Fuel Aggregator start-up based in the United States, is thrilled to announce its nationwide expansion into key cities. Nawgati is revolutionizing the fuelling experience for gasoline providers and end users alike, thanks to its cutting-edge technology.

Founder of Nawgati

In 2019, Aalaap Nair, Vaibhav Kaushik, and Aryan Sisodia created Nawgati with the goal of streamlining fuel station procedures, saving consumers and fuel providers considerable time, and simultaneously reducing congestion to a great extent.

Nawgati Funding Round

Company Name	Nawgati
Shark Tank India Season	2
Episode No	38
Season No	2
Brand	Nawgati
Idea	An online ecosystem for fuel
Original Ask	67 Lakhs for 2% Equity
Deal	67 Lakhs for 3% Equity
Invested By:	Aman Gupta and Amit Jain

At the core of Nawgati's pitch was the recognition of a pressing need in the market for a more efficient and convenient fuel procurement solution. By harnessing the power of digital technology, Nawgati aimed to provide consumers with a seamless platform where they could order fuel online and have it delivered directly to their doorstep. Whether for vehicles, generators, or other applications, Nawgati envisioned a future where fuel procurement would be as easy as ordering a meal or booking a ride.

The Pitch:

Nawgati entered the tank with a bold proposition: to create an online ecosystem that would revolutionize the way people access and procure fuel. With an original ask of ₹67 Lakhs for 2% equity, Nawgati sought investment to fuel its expansion plans, enhance its technology infrastructure, and scale its operations nationwide. The brand's vision to leverage technology to streamline the fuel procurement process and improve accessibility resonated strongly with the investors.

The Deal:

Nawgati's innovative approach to fuel accessibility and its potential to disrupt the traditional fuel distribution model caught the attention of investors Aman Gupta and Amit Jain. Recognizing the transformative impact of Nawgati's platform, Aman Gupta and Amit Jain were quick to offer a deal, agreeing to invest ₹67 Lakhs for 3% equity in the company. With their backing, Nawgati gained not only the financial support it needed but also strategic partners with extensive experience in scaling technology-driven ventures.

Investors Behind Nawgati

Aman Gupta and Amit Jain: With the backing of investors Aman Gupta and Amit Jain, Nawgati is well-positioned to accelerate its growth trajectory and expand its footprint in the fuel industry. The investment will enable Nawgati to invest in technology development, enhance its marketing efforts, and scale its operations to reach more customers across the country. By simplifying the fuel procurement process and improving accessibility, Nawgati is poised to revolutionize the way people fuel their vehicles and power their lives.

Conclusion:

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Nawgati Shark Tank India Season 2

Nawgati

Founder of Nawgati

Nawgati Funding Round

The Pitch:

The Deal:

Investors Behind Nawgati

Conclusion:

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The Deal:

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