MoU3 Jul 2025, 05:55 pm
Infibeam’s Phronetic.Al Signs MOU with Fuel-Tech Leader Nawgati for Real-Time Al-Powered Solutions
AI Summary
Infibeam Avenues Ltd's subsidiary, Phronetic.Al, has entered into a Memorandum of Understanding (MoU) with Nawgati Tech Private Limited to co-develop next-generation Al-powered solutions tailored for the fueling, fleet, and energy sectors. The aim is to automate reasoning capabilities for accurate decision making on a real-time basis using CCTV-video inputs.
Key Highlights
- Phronetic.Al will integrate its Field and Desk Al Agents into Nawgati’s tech stack to enhance operational intelligence, automate customer interactions, and support intelligent decision-making across various environments.
- The two companies will jointly go to market with Al-powered offerings for the fuel, fleet, and energy sectors, leveraging Nawgati’s vast on-ground deployments, deep-tech Aaveg platform, and Phronetic’s agentic Al capabilities.
- Nawgati’s flagship product, Aaveg, is a vertical SaaS platform used by energy players to optimize forecourt operations, reduce inefficiencies, manage congestion, monitor SOPs, and enhance compliance.
- Nawgati operates at the intersection of deep-tech, mobility, and energy, and is backed by marquee investors including GAIL (India) Ltd, Ajay Upadhyaya, Deepak Bhagnani Family Office, MeitY Startup Hub, Department of Science & Technology (DST), Jash Bhurjee, BITS Spark, and Aamara Capital.
- Phronetic is an Al business vertical under Nueromind Technologies Private Limited, a pioneering deep-tech Al company and a subsidiary of Infibeam Avenues Ltd.