- Nagwati
- Vaibhav Kaushik
- Aaveg
- Ajay Upadhyaya
- Deepak Bhagnani Family Office
- MeitY Startup Hub
- Aamara Capital
- Sanjay Sharma
- Accenture
- Prithvijit Roy
- Bridgei21
- Vivek Mathur
- Elevation Capital
- GAIL
- the Department of Science and Technology (DST)
- MeitY Startup Hub
- investors from Shark Tank India
- BITS Spark
- Girnar Growth Ventures
Nawgati Secures $2.5 Million To Fuel Global Expansion And Fleet Tech Advancements
- By MT Bureau
- May 06, 2025

Noida-headquartered fuel-tech startup Nawgati has raised USD 2.5 million in pre-series A funding round from Ajay Upadhyaya and participation from Deepak Bhagnani Family Office, MeitY Startup Hub, Aamara Capital and notable angel investors including Sanjay Sharma (ex-Accenture MD), Ashish Sharma and Prithvijit Roy (founders of BRIDGEi2i) and Vivek Mathur (former Partner & COO at Elevation Capital).
The start-up shared that it has earmarked the funds towards strategic global expansion initiatives and to further strengthen its domestic footprint across India. Additionally, it plans to scale its fleet management solutions, currently deployed with Mahanagar Gas, to other major fuel corporations. This move aims to solidify Nawgati's position in providing intelligent and connected solutions for fleet operators and fuel station networks.
Vaibhav Kaushik, CEO and Co-founder, Nawgati, said, "We are thankful for the support of such a distinguished group of investors who share our vision for transforming fuel operations. This funding will be crucial in deepening our Indian market presence and accelerating our entry into international markets. Our focus remains on delivering tangible value to both businesses and end consumers as we scale our partnerships and technology offerings."
Nawgati has developed Aaveg, a comprehensive platform that integrates fuel stations, fleet operators and consumers. This unified system optimises fuel network utilisation, streamlines refuelling processes, reduces customer wait times and provides real-time visibility into fuel availability and fleet movements.
Furthermore, Nawgati's technology offers critical operational insights for fuel station owners, enabling improved forecasting, smarter resource allocation, congestion mitigation, enhanced compliance management and data-driven strategic decision-making.
Lead investor Ajay Upadhyaya, said, "Nawgati is tackling a significant pain point in a high-impact industry that has seen limited technological disruption. I am enthusiastic about supporting their team as they bring much-needed efficiency, transparency, and scalability to fuel and fleet management, both within India and on a global scale. Their vision and execution capabilities make them a compelling player in this space."
This pre-series A funding builds on previous investments from key players such as Maharatna PSU GAIL, the Department of Science and Technology (DST), MeitY Startup Hub, investors from Shark Tank India, BITS Spark and Girnar Growth Ventures.
- Maruti Suzuki India
- Japan External Trade Organisation
- JETRO
- Dr Tapan Sahoo
- Takashi Suzuki
- Hisashi Takeuchi
- Accelerator
- Incubation
- Mobility Challenge
- Nurture
Maruti Suzuki and JETRO Partner to Boost India-Japan Startup Collaboration
- By MT Bureau
- May 29, 2025

Maruti Suzuki India, the country’s largest carmaker, has announced a new partnership with the Japan External Trade Organisation (JETRO) aimed at fostering innovation and creating business opportunities for startups in both India and Japan.
The collaboration, formalised through a Memorandum of Understanding (MoU), seeks to bridge the startup ecosystems of the two nations.
The MoU was formally exchanged by Dr Tapan Sahoo, Executive Officer, Digital Enterprise, Maruti Suzuki India and Takashi Suzuki, Chief Director General, JETRO India, Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, was also present during the signing.
As per the understanding, Maruti Suzuki India and JETRO will work together to help Indian startups gain access to Japan's innovation landscape, while Japanese startups will similarly have the opportunity to explore India's vibrant startup ecosystem.
Beyond access, the partnership will facilitate networking and participation for these startups in relevant industry events and activities, connecting them with potential partners. Indian startups selected through Maruti Suzuki's four innovation programs – Accelerator, Incubation, Mobility Challenge and Nurture – will be eligible to participate in these initiatives. Japanese startups, on the other hand, will be able to explore the Indian market through JETRO's support.
Hisashi Takeuchi, said, "Through our multi-format innovation programs, we have been engaging with startups in India to co-create technology-driven solutions relevant to the automobile manufacturing and mobility space. We see great potential in Indian startups, and with this MoU with JETRO, we will be able to provide a platform for these promising startups to explore the Japanese business landscape."
Takashi Suzuki, Chief Director General, JETRO India, said, "Maruti Suzuki stands as one of the finest examples of the successful partnership between India and Japan. With this MoU, we are creating opportunities for even more fruitful business collaborations between our two nations. This MoU aims to foster innovation, drive economic growth, and further strengthen the deep-rooted ties between India and Japan."
- Tata Elxsi
- Tata Motors
- Tata AutoComp Systems
- MOBIUS+
- IIT Kharagpur
- WRI
- LOHUM Cleantech
- NUNAM Technologies
- Oorja Energy
- Battery Aadhar
Tata Elxsi Unveils 'Battery Aadhaar' To Provide End-to-End Traceability
- By MT Bureau
- May 28, 2025

Bengaluru-headquartered product engineering and innovation company Tata Elxsi has showcased its 'Battery Aadhaar' technology demonstrator at the Battery Summit 2025, organised by the World Resources Institute (WRI) India.
The demonstration formed part of a consortium-led initiative, backed by the UNEP-led programme 'Electrifying Mobility in Cities' and coordinated by NITI Aayog and the Department of Science & Technology, Government of India.
Tata Elxsi, in collaboration with consortium partners – Tata Motors, Tata AutoComp Systems (TACO), IIT Kharagpur, WRI, LOHUM Cleantech, NUNAM Technologies and Oorja Energy, presented the 'Battery Aadhaar' concept to Union Minister Dr. Jitendra Singh, Minister of State (Independent Charge) of the Ministry of Science and Technology, and other key government stakeholders. The solution was presented as an end-to-end enabler for the Indian battery ecosystem.
'Battery Aadhaar' represents a significant national endeavour to equip batteries with secure, digital identities. This innovative approach aims to ensure comprehensive traceability, regulatory compliance, and unparalleled lifecycle transparency – from the initial sourcing of raw materials to their second-life applications and eventual recycling. By meticulously capturing crucial lifecycle data such as manufacturer identity, usage history and material composition, 'Battery Aadhaar' is designed to prevent unsafe reuse, non-compliance issues and potential environmental risks.
The solution is built on Tata Elxsi’s proprietary MOBIUS+ platform, integrating robust blockchain-backed traceability, dynamic data flows and automated compliance reporting. Through MOBIUS+, Tata Elxsi is laying the groundwork for a digital and transparent battery ecosystem across India.
The demonstration at the summit highlighted several key functionalities of the platform, including:
- Creation of Battery Aadhaar and Digital Product Passports (DPP)
- Detailed chain of custody and lifecycle mapping
- Configurable public and private data access views
- Role-based dashboards tailored for OEMs, battery manufacturers, recyclers and regulators
- Real-time analytics, encompassing battery health prediction and estimation of residual useful life
Crucially, the platform has been designed to align with evolving Indian regulatory initiatives. Furthermore, its architecture is built for adaptability, ensuring future compatibility with international frameworks such as the EU Battery Regulation, emerging Japanese and North American standards, and future global battery passport specifications.
- Maruti Suzuki India
- high voltage systems
- electric vehicles
- hybrid
- CSR
- Industrial Training Institutes
- Rahul Bharti
Maruti Suzuki India To Provide Skill Training On High Voltage Systems For EVs And Hybrids
- By MT Bureau
- May 27, 2025

Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has launched a comprehensive training capsule to handle high voltage systems required for electric (EVs) and hybrid vehicles (HEVs).
The training module is set to be introduced in over 130 Industrial Training Institutes (ITIs) in 24 States and 4 Union Territories in India. As part of the carmaker’s Corporate Social Responsibility (CSR) initiative, it will invest around INR 390 million to support the initiative.
The module will be introduced for second-year ITI students and covers topics such as – fundamentals of EVs and HEVs, safety procedures for handling high voltage systems, usage of special tools and equipment and best practices for system maintenance.
Furthermore, Maruti Suzuki India will also conduct specialised upskill training for faculty of the ITIs with train-the-trainer programs and provides training equipment and tools to conduct a pioneering training program.
Rahul Bharti, Senior Executive Officer, Corporate Affairs, Maruti Suzuki India, said, “We want to maximise adoption of Battery Electric Vehicles (BEVs) in the country. When we researched the reasons for low adoption of EVs, one of the major hurdles in the minds of the customers was confidence in aftersales support. Incidentally, this is an area of strength for Maruti Suzuki. While 90 percent of EV sales happen in 100 cities, we will go 10x and cover 1,000 cities with more than 1,500 workshops equipped to provide service support to BEVs. The fundamental to good service is a trained technician. Our High Voltage training CSR program in about 130 ITIs of India will train more than 4,100 students every year. At the end of the course, these trained technicians are free to join Maruti Suzuki service network or any other OEM. Hence, this upskilling of students is strategic to BEV adoption in India. The high voltage training will be useful for strong hybrid cars also, and so there is a synergy between both technologies.”
Hyundai Motor Co To Invest INR 85.2 Billion To Setup R&D Centre In Telangana
- By MT Bureau
- May 26, 2025

South Korean auto major Hyundai Motor Company has received approval from the government of Telangana to set up a new R&D Centre in the state.
The Korean major is expected to invest about INR 85.28 billion towards the 675-acre facility, which will include an R&D hub, an automotive test track, a pilot line and prototyping systems. It is expected to generate over 4,276 jobs in the region.
The approval was given by the Industrial Sub Committee in a meeting today, which saw chaired by the Deputy Chief Minister Bhatti Vikramarka Mallu with Key Ministers Sridhar Babu Duddilla and Srinivasa Reddy Ponguleti in attendance.
“Industries that create employment and boost revenue must remain in Telangana,” said Deputy CM.
The new facility will work in tandem with the company’s global R&D facility in Namyang, South Korea. It will also leverage the synergies of its existing R&D facility in Hyderabad, which is spread across 15 acres.
India at present is the third largest market after North America and South Korea for Hyundai Motor Company globally.
This move, the Telangana government stated reinforces the State's stature as a preferred destination for global R&D and manufacturing.
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