Park+ funding, investors and company details

Park+ is an emerging Automobile startup from Gurugram, working in the space of Auto-tech platform that offers smart parking, vehicle management, and a range of car-related services through its digital application. Founded by Amit Lakhotia, Hitesh Gupta.

Company: Parviom Technologies Private Limited
Sector: Automobile
Location: Gurugram
Founders: Amit Lakhotia, Hitesh Gupta
Total funding raised: ₹140 Cr

Company overview

Park+ is an auto-tech platform that offers smart parking, vehicle management, and a range of car-related services through its digital application. Backed by venture capital funding, it has become a prominent player in India’s parking and mobility ecosystem. Initially launched with the objective of digitizing parking systems, Park+ enables users to locate, reserve, and pay for parking spaces seamlessly. Its solutions cater to corporates, malls, hospitals, and residential complexes, improving space utilization and easing congestion. Over time, the platform has expanded beyond parking into vehicle lifecycle services, including FASTag recharges, insurance renewals, challan payments, and access to essential vehicle information. This evolution has positioned Park+ as a comprehensive mobility and auto-services platform rather than a standalone parking solution. Park+ works closely with government bodies, real estate developers, and automotive stakeholders to integrate its technology into urban infrastructure. The platform offers real-time parking availability, streamlined entry and exit processes, and digital payment capabilities, enhancing convenience for both users

Funding rounds

Latest round (Series C): ₹140.00 Cr. ($ 17.13 Mn), 2023-01-10. Investors: Epiq Capital, Matrix Partners, Sequoia Capital India