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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
Employees 876
Industries Internet
Funding Stage Series C
Social

BounceWatch is an independent company data service, not affiliated with Park+. To contact Park+, visit parkplus.io.

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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.

Business keywords: 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 INR1.40B 4
Matrix Partners India Peak XV Partners Epiq Capital
Matrix Partners India, Peak XV Partners +2
10 Jan 2023
Series B Undisclosed 4
Mohit Gupta, Deepinder Goyal +2
07 Feb 2022
Series B $25.00M 8
AdvantEdge Founders Matrix Partners India Titan Capital
AdvantEdge Founders, Matrix Partners India +6
24 Nov 2021
Series A $11.00M 10
Matrix Partners India Titan Capital Peak XV Partners
Matrix Partners India, Titan Capital +8
22 Jan 2020
Seed Round $1.20M 1
Venture Catalysts
Venture Catalysts
01 Dec 2019
Seed Round Undisclosed 1
peercheque
peercheque
01 Jun 2019

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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 Internet. Its work centres on car ownership, superapp, parking solutions and challan management.
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 Auto Genie , Booktasker, Fantuan 饭团, CoPilot, Carsnip Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Park+ and Auto Genie 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.

Source: BounceWatch company record for Park+, https://bouncewatch.com/company/park-1, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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