About Park Plus
Park Plus is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2019 by Hitesh Gupta and Amit Lakhotia Kumar. It operates as a smart parking and mobility solutions are provided via online platform. Park Plus has raised $51.82 million across 6 funding rounds from investors including Motherson, Matrix Partners India and Peak XV Partners. The company has 599 employees. Park Plus has completed 1 acquisition, including otopark. Park Plus was last valued at $147.51 million in May 2022. Its chief executive is Amit Lakhotia Kumar. Its website parkplus.io draws about 998 thousand monthly visits. Its Indian entity Parviom Technologies Private Limited reported revenue of ₹180 Cr. Park Plus offers products and services including Parking Solutions, FASTag, and Challan Payments. Its focus areas include Consumer, Road Transport Tech, Parking and Technology Enablers. Its competitors include Parkhub, Arrive, FlashParking, Metropolis and REEF and 2 more; 6 of its 7 listed competitors have raised funding.
Company details
Park Plus was founded in 2019 in Gurugram, India, as an online platform focused on smart parking and mobility solutions within the urban transportation sector. Location-based spot reservations, digital payment options, and real-time parking availability are offered to users. Operations center on connected technologies to manage parking access across urban areas, supporting efficient mobility in Indian cities.
- Headquarters Gurugram, India
- Employees 599
- Founders Hitesh Gupta, Amit Lakhotia Kumar
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Website parkplus.io
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Parviom Technologies Private Limited
- Date of Incorporation 12 Jul, 2019
- Jurisdiction New Delhi, Delhi, India
Associated legal entities of Park Plus
Park Plus operates through Parviom Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Parviom Technologies Private Limited CIN U62099DL2019PTC352547 | Active | 12 Jul 2019 | New Delhi, Delhi | ₹180 Cr | 599 | 2 | View details |
Products & Services of Park Plus
Park Plus offers a comprehensive portfolio of products and services, including Parking Solutions, FASTag, and Challan Payments.
Platform for booking and managing parking spots efficiently.
Service for electronic toll payments and vehicle access.
Tool for handling traffic fines and bill settlements.
Apps and channels of Park Plus
Park Plus publishes 1 mobile app with over 10M+ downloads; its YouTube channel Park+ has 543K subscribers and 30 videos.
Videos from Park Plus
The most watched videos on Park Plus's YouTube channel, Park+ (543K subscribers). Click a video to play it here.
More on Park+.
Funding Insights of Park Plus
Park Plus has successfully raised a total of $51.82M across 6 strategic funding rounds. 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 $51.82M
- Total Rounds 6
- First Round $1.85M
(Sep 2019)
- Investors Count 47
All 6 funding rounds of Park Plus 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 |
|---|---|---|---|---|---|
| Jan 2025 | – | Debt – Venture | – | – | |
| May 2022 | $18.06M | Series C | $147.51M | Epiq Capital Advisors, Sequoia Capital | |
| Oct 2021 | $23.2M | Series B | $131.21M | Epiq Capital Advisors, AdvantEdge | |
| Jan 2020 | $280,700 | Series B | $••••• | Rama Advisors, Prudent Wealth Partners | |
| Dec 2019 | $8.43M | Series A | $••••• | Peak XV Partners, Sequoia Capital | |
| Sep 2019 | $1.85M | Seed | $••••• | Peak XV Partners, Sequoia Capital |
| Date | Valuation | Stage |
|---|---|---|
| May 2022 | $147.51M | •••••••• |
| Oct 2021 | $131.21M | •••••••• |
| Jan 2020 | $••••• | •••••••• |
| Dec 2019 | $••••• | •••••••• |
| Sep 2019 | $••••• | •••••••• |
Full valuation and stage history of Park Plus
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $147.51M (May 2022). 47 investors in total: 21 institutional and 26 angel.
Investors in Park Plus
Park Plus has secured backing from 47 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Motherson, Matrix Partners India and Peak XV Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in tech startups and entrepreneurs focusing on growth and late-stage funds in India. | 2016 | epiqcapital.com | Mumbai, India | |
Early-stage ventures are funded by the investment firm. | – | matrix.vc | San Francisco, United States | |
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
Venture capital funding and support for mobility and electric vehicle startups in India. | 2015 | advantedge.vc | Delhi, India | |
Venture capital investment firm | – | z47.com | Bengaluru, India | |
Venture capital funding is provided to innovative startups in India. | – | qedinnovationlabs.tcc.mode | Mumbai, India | |
Venture capital firm investing in early-stage tech startups | – | metastudioadvisors.tcc.mode | Mumbai, India | |
Venture capital fund focused on tech startups | – | genexthardwareandparks.tcc.mode | Mumbai, India | |
- | – | strideventures.global | - |
Investor details for Park Plus
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Parviom Technologies Private Limited (Park Plus)
Parviom Technologies Private Limited is the primary company behind Park Plus. The board of Parviom Technologies Private Limited currently have 2 directors; the longest-serving is Amit Lakhotia Kumar, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Lakhotia Kumar DIN 03620071 | Director | 12 Jul 2019 | 7 yrs 3 mo | Parviom Technologies Private Limited |
| Sarita Lakhotia DIN 07704996 | Director | 24 Oct 2019 | 6 yrs 11 mo | Parviom Technologies Private Limited |
People of Park Plus
2 people are tracked at Park Plus (2 in leadership); the tracked headcount is 599.
| Name | Role | Group |
|---|---|---|
Hitesh Gupta | Co-Founder & CTO | Leadership |
| Founder & CEO | Leadership |
Complete people profiles for Park Plus
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Financials of Park Plus
Figures of Parviom Technologies Private Limited, the primary company behind Park Plus, for FY 2025. Revenue was ₹180 Cr (+28% year on year). Net loss was -₹105 Cr (-58% margin). EBITDA was -₹97.05 Cr (-54% margin).
- ₹180 CrRevenue · FY 2025 · +28% YoY
- -₹105 CrNet loss · -58% margin
- -₹97.05 CrEBITDA · -54% margin
- ₹52.9 LakhPaid-up capital
- 599Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Parviom Technologies Private Limited are on its company page.
Detailed financial statements for Park Plus
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Park Plus
Park Plus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include otopark.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
P2P parking spaces are booked through an app-based platform. | otopark.in | Mumbai, India | 2019 | Jun 2022 | •••• |
Complete acquisition details for Park Plus
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Park Plus
5 dated milestones of Park Plus across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Park Plus is founded.
- Funding First funding round of $1.9M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires otopark.
- Funding Latest funding round, Debt – Venture,.
Competitors of Park Plus
Park Plus has 7 listed competitors in our database, 6 of them funded. They include Parkhub, Arrive, FlashParking, Metropolis and REEF, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| parkhub.com | 2010 | Dallas, United States | $15.61M | 59 | Provider of comprehensive parking management solutions | |
| arrive.com | 2006 | Chicago, United States | $65.3M | 1 | Tech-enabled platform for parking and mobility management solutions is provided. | |
| flashparking.com | 2011 | Austin, United States | $313M | – | Parking management systems are delivered via SaaS-enabled hardware and software. | |
| metropolis.io | 2017 | Los Angeles, United States | $332.92M | 92 | End-to-end parking management solutions are provided via an AI-enabled platform. | |
| reeftechnology.com | 2013 | Miami, United States | $766.48M | 7,150 | REEF is focused on connecting goods and services to local neighborhoods through digital solutions. | |
| t2systems.com | 1994 | Indianapolis, United States | $31M | 176 | Parking management solutions for events and venues are provided. | |
| swarco.com | 1969 | Wattens, Austria | – | 61 | Parking and traffic management solutions are provided globally. |
Detailed competitors of Park Plus
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Park Plus
The website of Park Plus (parkplus.io) receives about 998.2K visits a month and ranks #38,229 among all websites worldwide, #2,413 in Investing.
- Monthly visits998.2K
▼ 31.1% vs previous month
- Unique visitors944.6K
per month
- Global rank#38,229
among all websites
- Category rank#2,413
Finance · Investing
- Bounce rate48%
- Pages per visit3.0
- Average visit1 min 11 sec
- DevicesDesktop 14% · Mobile 86%
Websites whose visitors overlap most with Park Plus. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
vehicleinfo.app | vehicleinfo.app | 100% | – | #33,465 | – |
| acko.com | 94% | 4.5M | #11,608 | View details | |
| groww.in | 89% | 60M | #754 | View details | |
| mahatrafficechallan.gov.in | 77% | – | #31,011 | View details | |
screener.in | screener.in | 75% | – | #1,968 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Park Plus
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Top companies in Road Transport Tech
10 companies that operate in the same segment as Park Plus (Road Transport Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
An online platform providing ride-hailing and food delivery services | 2009 | San Francisco, California, United States | USD 13.21 B | USD 52.02 B | 31,100 | |
Ride-hailing, electric vehicles, and financial solutions are provided via app. | 2010 | Bengaluru, Karnataka, India | USD 3.84 B | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions | 2015 | Bengaluru, Karnataka, India | USD 813.93 M | USD 19.11 M | 660 | |
Rides and deliveries are facilitated via a mobile app platform. | 2012 | Dubai, Dubai, United Arab Emirates | USD 771.7 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
App-based ride-hailing aggregator | 2007 | San Francisco, California, United States | USD 5.02 B | USD 6.32 B | 2,930 |
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Related news about Park Plus
Complete news archive for Park Plus
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Frequently Asked Questions about Park Plus
Park Plus was founded in 2019.
Park Plus is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Amit Lakhotia Kumar is the current CEO of Park Plus. They have also founded this company.
Park Plus is a funded company, having raised a total of $51.82M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.85M, raised on Sep 2019.
Park Plus has 599 employees.
The primary company behind Park Plus, Parviom Technologies Private Limited, reported revenue of ₹180 Cr for FY 2025, up 28% year on year.
Park Plus was founded in 2019 in Gurugram, India, as an online platform focused on smart parking and mobility solutions within the urban transportation sector. Location-based spot reservations, digital payment options, and real-time parking availability are offered to users. Operations center on connected technologies to manage parking access across urban areas, supporting efficient mobility in Indian cities.
Park Plus's top competitors include Arrive, Parkhub and Metropolis.
Park Plus offers Parking Solutions, FASTag, and Challan Payments.
Park Plus has made 1 acquisition, including otopark.
Park Plus has 47 investors. Key investors include Motherson, Matrix Partners India, Peak XV Partners, Redwood Trust, and AdvantEdge.
The valuation of Park Plus is $147.51M as of May 2022.