About Central Parking Services
Central Parking Services was a Business Services company based in Bengaluru (India) founded in 2003 by Poornima Sathya Narayanan and Satya Narayanan. It delivers smart parking solutions for efficient urban management. It operates on a B2B model. Central Parking Services has raised $6.46 million across 2 funding rounds from investors including Ventureast. The company has 228 employees. Central Parking Services was last valued at $7.76 million in April 2015. Its Indian entity Building Control Solutions India Private Limited reported revenue of ₹15.97 Cr. The company is recorded as dissolved. Its focus areas include Transportation, Parking Solutions, Smart Parking and Service Delivery.
Company details
Central Parking Services delivers smart parking solutions for efficient urban management, focusing on providing transportation services, offering parking solutions, smart parking, and service delivery. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Bengaluru, India
- Employees 228
- Founders Poornima Sathya Narayanan, Satya Narayanan
- Stage Minicorn
- SectorsBusiness Services
- Website cpsindia.in
- Social X
- Legal Name Building Control Solutions India Private Limited
- Date of Incorporation 10 May, 2005
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹15.97 Cr
FY 2022 · -35% YoY
- Net Loss-₹3.26 Cr
FY 2022 · -20% margin
- EBITDA-₹1.25 Cr
FY 2022 · -8% margin
- Total Equity Funding$6.46M (USD)
in 2 rounds
- Latest Funding Round$963.76K (USD), Series A
Apr 2015
- Investors
- Employee Count228
Associated legal entities of Central Parking Services
Central Parking Services operates through Building Control Solutions India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Building Control Solutions India Private Limited CIN U74920KA2005PTC036282 | Active | 10 May 2005 | Bangalore, Karnataka | ₹16.0 Cr | 228 | 2 | View details |
Funding Insights of Central Parking Services
Central Parking Services has successfully raised a total of $6.46M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $963.76 thousand completed in April 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $6.46M
- Total Rounds 2
- Last Round Series A — $963,756
- First Round $5.5M
(Oct 2010)
- Investors Count 1
All 2 funding rounds of Central Parking Services with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2015 | $963,756 | Series A | $7.76M | Ventureast | – |
| Oct 2010 | $5.5M | Series A | $8.2M | Ventureast | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2015 | $7.76M | •••••••• |
| Oct 2010 | $8.2M | •••••••• |
Last known valuation $7.76M (Apr 2015). 1 investors in total: 1 institutional.
Investors in Central Parking Services
Central Parking Services has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ventureast.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology, healthcare, and clean environment sectors since 1997. | 1997 | ventureast.net | Bengaluru, India |
Investor details for Central Parking Services
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Building Control Solutions India Private Limited (Central Parking Services)
Building Control Solutions India Private Limited is the primary company behind Central Parking Services. The board of Building Control Solutions India Private Limited currently have 2 directors; the longest-serving is Poornima Sathyanarayanan, appointed in 2005. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Poornima Sathyanarayanan DIN 01836640 | Director | 10 May 2005 | 21 yrs 6 mo | Building Control Solutions India Private Limited |
| Sathya Narayanan DIN 01836620 | Managing Director | 10 May 2005 | 21 yrs 6 mo | Building Control Solutions India Private Limited |
People of Central Parking Services
2 people are tracked at Central Parking Services (2 in leadership); the tracked headcount is 228.
| Name | Role | Group |
|---|---|---|
| ex-Co-Founder | Leadership | |
Satya Narayanan | Co-Founder, Managing Director | Leadership |
Complete people profiles for Central Parking Services
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Central Parking Services
Figures of Building Control Solutions India Private Limited, the primary company behind Central Parking Services, for FY 2022. Revenue was ₹15.97 Cr (-35% year on year). Net loss was -₹3.26 Cr (-20% margin). EBITDA was -₹1.25 Cr (-8% margin). Revenue has grown at a compounded annual rate of -30% over three years and -20% over five years.
- ₹15.97 CrRevenue · FY 2022 · -35% YoY
- -₹3.26 CrNet loss · -20% margin
- -₹1.25 CrEBITDA · -8% margin
- ₹4.3 LakhPaid-up capital
- 228Employees (provident fund records)
- -30%Revenue CAGR, 3 years
- -20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Building Control Solutions India Private Limited are on its company page.
Detailed financial statements for Central Parking Services
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Central Parking Services
4 dated milestones of Central Parking Services across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Central Parking Services is founded.
- Funding First funding round of $5.5M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $964K.
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Related news about Central Parking Services
Complete news archive for Central Parking Services
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Frequently Asked Questions about Central Parking Services
Central Parking Services was founded in 2003 and raised its 1st funding round 7 years after it was founded.
Central Parking Services is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Central Parking Services is a funded company, having raised a total of $6.46M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.5M, raised on Oct 2010.
Central Parking Services has 228 employees.
The primary company behind Central Parking Services, Building Control Solutions India Private Limited, reported revenue of ₹15.97 Cr for FY 2022, down 35% year on year.
Central Parking Services delivers smart parking solutions for efficient urban management, focusing on providing transportation services, offering parking solutions, smart parking, and service delivery. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Central Parking Services has 1 investor. Key investors include Ventureast.
The valuation of Central Parking Services is $7.76M as of Apr 2015.
Central Parking Services operates through Building Control Solutions India Private Limited.
The legal entities of Central Parking Services currently have 2 directors, including Poornima Sathyanarayanan, Sathya Narayanan.