Park+ Overview
- Year Founded
-
2019
- Status
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Private
- Employees
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919
- Latest Deal Type
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Debt
- Investors
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25
Park+ General Information
Description
Developer of an interactive application designed to digitalize the parking system. The company's application offers new ways for users to pay for their parking digitally and keep track of the session to avoid tickets, enabling users to be guided to the nearest available parking lot near the location.
Contact Information
Website
www.parkplus.ioCorporate Office
- Unitech Cyber Park
- 5th Floor, Tower A, Sector 39
- Gurugram, Haryana 122022
- India
Corporate Office
- Unitech Cyber Park
- 5th Floor, Tower A, Sector 39
- Gurugram, Haryana 122022
- India
Park+ Timeline
Park+ Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Debt - General | 01-Jan-2025 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 10-Jan-2023 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 24-Nov-2021 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 22-Jan-2020 | $11M | $11.2M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Dec-2019 | $150K | $150K | Completed | Startup |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Park+ Comparisons
Industry
Financing
Details
Park+ Competitors (3)
One of Park+’s 3 competitors is ParkingRhino, a Formerly VC-backed company based in Bangalore, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ParkingRhino | Formerly VC-backed | Bangalore, India | ||||
| Get My Parking | Venture Capital-Backed | Bengaluru, India | ||||
| Citility | Formerly VC-backed | Bengaluru, India |
Park+ Signals
Park+ Investors (25)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alphatron Capital | Growth/Expansion | Minority | ||
| Alteria Capital | Venture Capital | Minority | ||
| iSeed (India) | Venture Capital | Minority | ||
| Peercheque | Venture Capital | Minority | ||
| SCI Investments VI (Mauritius) | Venture Capital | Minority |
Park+ Acquisitions (2)
Park+’s most recent deal was a Merger/Acquisition with Otopark. The deal was made on 14-Jun-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Otopark | 14-Jun-2022 | Merger/Acquisition | Business/Productivity Software | ||
| Parkwheels | 01-May-2021 | Merger/Acquisition | Information Services (B2C) |
Park+ FAQs
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When was Park+ founded?
Park+ was founded in 2019.
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Where is Park+ headquartered?
Park+ is headquartered in Gurugram, India.
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What is the size of Park+?
Park+ has 919 total employees.
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What industry is Park+ in?
Park+’s primary industry is Business/Productivity Software.
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Is Park+ a private or public company?
Park+ is a Private company.
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What is Park+’s current revenue?
The current revenue for Park+ is .
-
How much funding has Park+ raised over time?
Park+ has raised $53.1M.
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Who are Park+’s investors?
Alphatron Capital, Alteria Capital, iSeed (India), Peercheque, and SCI Investments VI (Mauritius) are 5 of 25 investors who have invested in Park+.
-
Who are Park+’s competitors?
ParkingRhino, Get My Parking, and Citility are competitors of Park+.
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