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Park+ logo — A superapp for all your car needs- Buy Petrol, Check Challan...

Park+

A superapp for all your car needs- Buy Petrol, Check Challans, Recharge Fastag, Book Servicing, Buy Accessories and more

Founded 2019 India Gurgaon, India 876 employees Series C Total: $1.44B Internet

General Information

Company Name Park+
Founded Year 2019
Location India Gurgaon, India +1
Employees 876
Industries Internet
Funding Stage Series C
Social

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About Park+

Park+ is an Indian startup aiming to disrupt the car ownership experience through their superapp offering a range of services. The company's slogan "A superapp for all your car needs" emphasizes their comprehensive approach to catering to the diverse requirements of car owners. Since its establishment in 2019, Park+ has made significant strides and garnered attention from notable investors. The latest investment of INR1.40B in Series C funding, which took place on 10 January 2023, involved prominent names such as Matrix Partners India, Peak XV Partners, Epiq Capital, and Kunal Khattar. The company's description underscores their commitment to simplifying everyday challenges encountered by car owners, such as finding parking, managing challans, recharging FASTag, and maintaining their vehicles. This approach has positioned Park+ as an integral part of the car ownership ecosystem, ultimately aiming to enhance the overall experience for users. Boasting a user base of over 1 crore cars on their platform, the company's impact and reach in the Indian market are substantial. Operating within the internet industry, Park+ has demonstrated the potential to revolutionize the conventional paradigms of car ownership and services. With a focus on addressing the pain points of car owners, the company has carved a niche for itself in the Indian automotive landscape. This robust foundation, coupled with the significant Series C investment, positions Park+ as a compelling prospect for venture capital firms seeking to invest in innovative solutions within the automotive domain.

Taxonomy: car ownership, superapp, parking solutions, challan management, FASTag recharges, car maintenance, car accessories, community platform, convenience services, automotive technology, consumer delight, car service booking, fueling solutions, customer experience enhancement

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 4
Investor Investor Investor
•••• •••• 		10 Jan 2023
Series B •••••• 4 •••• •••• 07 Feb 2022
Series B •••••• 8
Investor Investor Investor Investor Investor
•••• •••• 		24 Nov 2021
Series A •••••• 10
Investor Investor Investor
•••• •••• 		22 Jan 2020
Seed Round •••••• 1
Investor
01 Dec 2019

View All 6 Funding Rounds

Park+ Alternatives & Competitors

Park+ vs
Creative Car Park
Creative Car Park United Kingdom

The UK's leading car park management and solutions company to the SMB space.

Debt Financing
102 employees
Compare Park+ vs Creative Car Park
Park+ vs
Car & Away
Car & Away United Kingdom

the smartest way to Own & Rent a car

2 employees
Real Estate, Automotive
Park+ vs
Carro
Carro

Redefining Car Ownership with Comprehensive Services and Advanced Pricing Solutions.

Debt Financing
1001-5000 employees
AI, Marketplaces
Compare Park+ vs Carro
Also compare with: Park+ vs Drive lah Drive lah

FAQ About Park+

A superapp for all your car needs- Buy Petrol, Check Challans, Recharge Fastag, Book Servicing, Buy Accessories and more
Park+ was founded in 2019.
Park+ is headquartered in Gurgaon, India.
Park+ operates in the following industries: Internet.
Park+ has approximately 876 employees.
Park+ has completed 6 funding rounds, raising a total of $1.44B. The latest funding stage is Series C.
Top alternatives and competitors to Park+ include Creative Car Park, Car & Away , Carro, Drive lah, Carly. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Park+ and Creative Car Park are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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