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Singhania & Co. (S&Co.) acted as legal counsel to Nawgati Tech Private Limited in its Pre-Series A fundraise led by ace investor Ajay Upadhyaya, along with participation from Deepak Bhagnani Family Office, MeitY Startup Hub, Aamara Capital Private Limited, Sanjay Sharma, Ashish Sharma, Prithvijit Roy and Vivek Mathur.
Nawgati’s innovative fuel management solutions and real-time dashboard ‘Aaveg’ are revolutionizing fuel station operations and fleet management in India and beyond. The fresh funding will drive their global expansion, enhance compliance and congestion management, and scale partnerships with major fuel companies.
Singhania & Co. Provided legal advisory on the transaction, including drafting and vetting of transaction documents, secretarial compliance, and closing-related actionables.
The transaction team comprised of Managing Partner Rohit Jain, Partner Diviay Chadha, Associate Partner Nitish Mawkin, Associate Anushka Agarwal.
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