MapmyIndia invests in fuel aggregator startup Nawgati at $4 Mn valuation
Shortpedia
Content Team
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Listed geotech unicorn MapmyIndia has invested an undisclosed amount in fuel aggregator startup Nawgati at a valuation of $4 Mn. The startup will use the funding to launch its flagship offering, Aaveg. The funding round was the first corporate funding round for the startup. Founded by Vaibhav Kaushik, Aalaap Nair and Aryan Sisodia in 2019, Nawgati builds congestion management and compliance monitoring systems for fuel stations.
