ParkSmart funding, investors and company details

ParkSmart is an emerging Information Technology startup from New Delhi, working in the space of Smart Parking Technology / Mobility & Parking Management Solutions (IoT-enabled parking platform). Founded by Rahul Gupta, Rishabh Nagpal, Vishva Sharma, Prateek Garg, Ratan Anmol Sethi.

Company: Parksmart Technologies Private Limited
Sector: Information Technology
Location: New Delhi
Founders: Rahul Gupta, Rishabh Nagpal, Vishva Sharma, Prateek Garg, Ratan Anmol Sethi

Company overview

ParkSmart is a smart mobility and parking technology company that focuses on digitizing and optimizing parking infrastructure across urban spaces. Founded by Rahul Gupta, Rishabh Nagpal, Vishva Sharma, Prateek Garg, and Ratan Anmol Sethi, the company provides integrated hardware and software solutions designed to manage parking operations more efficiently in locations such as smart cities, residential societies, shopping malls, corporate campuses, and public parking facilities. The company’s platform enables automated parking management through technologies such as smart sensors, access control systems, mobile applications, and digital dashboards. These tools help monitor parking availability, regulate vehicle flow, and improve space utilization. ParkSmart also offers advanced analytics that allow property owners and parking operators to track occupancy patterns, manage revenue streams, and optimize pricing strategies. In addition, the platform includes security and monitoring features, along with parking spot leasing capabilities that allow property owners to monetize unused parking spaces. By combining hardware infrastructure with data-driven software solutions, ParkSmart aims to streamline parking management, reduce congestion, and improve the overall urban mobility experience.

Funding rounds

Latest round: Undisclosed Amount, 2024-03-27. Investors: Sin Growth Partners