KaChing Parking

Johannesburg, South Africa Founded: 2014 • Age: 12 yrs Acquired By Servest
Parking solution payment management app
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About KaChing Parking

KaChing Parking is a company based in Johannesburg (South Africa) founded in 2014 was acquired by Servest in November 2016.. KaChing Parking operates in a competitive market with competitors including ParkUpp, RentMyBay and nLimit, among others.

  • Headquarter Johannesburg, South Africa
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Servest

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Servest

    (Nov 02, 2016)

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Funding Insights of KaChing Parking

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2016 Amount Private Equity Round - KaChing Parking Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in KaChing Parking

KaChing Parking has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Servest and Tritech Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Tritech Global is engaged in technology investment across multiple verticals.
Founded Year Domain Location
Facility management services are provided across South Africa.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by KaChing Parking

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - KaChing Parking

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Kaching Parking Comparisons

Employees
+
Add Comparison
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Competitors of KaChing Parking

KaChing Parking operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ParkUpp, RentMyBay and nLimit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online marketplace for on-demand parking spaces
domain founded_year HQ Location
Offers a peer-to-peer online platform for booking parking spaces.
domain founded_year HQ Location
Provides end-to-end parking management solutions for efficient operations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Kaching Parking

Frequently Asked Questions about KaChing Parking

When was KaChing Parking founded?

KaChing Parking was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is KaChing Parking located?

KaChing Parking is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.

What does KaChing Parking do?

Founded in 2014 in Johannesburg, South Africa, KaChing Parking operates in the mobility and parking technology sector. License plates are scanned by cameras at parking entrances to enable automatic boom opening. Real-time verification of parking duration and costs is offered, with payments processed via the app. The platform is accessible on both iOS and Android devices for users in urban areas.

Who are the top competitors of KaChing Parking?

KaChing Parking's top competitors include ParkUpp, RentMyBay and nLimit.

Who are KaChing Parking's investors?

KaChing Parking has 2 investors. Key investors include Servest, and Tritech Global.

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