About ParkingRhino
ParkingRhino is a company based in Bengaluru (India) founded in 2015.. ParkingRhino has raised $635.05 thousand across 4 funding rounds from investors including NEDFi, Startup Karnataka and Bhupen Borah. The company has 2 employees as of April 09, 2024. ParkingRhino operates in a competitive market with competitors including Parkhub, Arrive, FlashParking, Metropolis and REEF, among others.
- Headquarter Bengaluru, India
- Employees 2 as on 09 Apr, 2024
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Parkingrhino Online Services Private Limited
- Date of Incorporation 23 Jul, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$84.34 K (USD)-5.46as on Mar 31, 2023
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Net Profit
$-97.46 K (USD)-24.93as on Mar 31, 2023
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EBITDA
$-33.23 K (USD)-33.54as on Mar 31, 2023
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Total Equity Funding
$635.05 K (USD)
in 4 rounds
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Latest Funding Round
$559.78 K (USD), Seed
Jul 23, 2018
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Investors
NEDFi
& 7 more
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Employee Count
2
as on Apr 09, 2024
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Funding Insights of ParkingRhino
ParkingRhino has successfully raised a total of $635.05K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $559.78 thousand completed in July 2018. 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 Total Funding
- Total Rounds 4
- Last Round Seed — $559,778
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First Round
First Round
(04 Apr 2016)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Seed - ParkingRhino | Valuation | NEDFi | |
| Aug, 2017 | Amount | Grant - ParkingRhino | Valuation |
investors |
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| Jun, 2017 | Amount | Angel Round - ParkingRhino | Valuation | Phalgun Raj Paila , Rudra Pratap Narayan Singh |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ParkingRhino
ParkingRhino has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include NEDFi, Startup Karnataka and Bhupen Borah. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Financial assistance and development services for enterprises in North Eastern India.
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Founded Year | Domain | Location | |
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Support for startups in Karnataka is delivered through policies, funding, and networking services.
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Founded Year | Domain | Location | |
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BB
Bhupen Borah |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ParkingRhino
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ParkingRhino
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Parkingrhino Comparisons
Competitors of ParkingRhino
ParkingRhino 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 Parkhub, Arrive, FlashParking, Metropolis and REEF, 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 |
Provider of comprehensive parking management solutions
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| domain | founded_year | HQ Location |
Tech-enabled platform for parking and mobility management solutions is provided.
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| domain | founded_year | HQ Location |
Parking management systems are delivered via SaaS-enabled hardware and software.
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| domain | founded_year | HQ Location |
End-to-end parking management solutions are provided via an AI-enabled platform.
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| domain | founded_year | HQ Location |
REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
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| domain | founded_year | HQ Location |
Parking management solutions for events and venues are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Parkingrhino
Frequently Asked Questions about ParkingRhino
When was ParkingRhino founded?
ParkingRhino was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is ParkingRhino located?
ParkingRhino is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is ParkingRhino a funded company?
ParkingRhino is a funded company, having raised a total of $635.05K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $60.15K, raised on Apr 04, 2016.
How many employees does ParkingRhino have?
As of Apr 09, 2024, the latest employee count at ParkingRhino is 2.
What is the annual revenue of ParkingRhino?
Annual revenue of ParkingRhino is $84.34K as on Mar 31, 2023.
What does ParkingRhino do?
ParkingRhino offers AI-enabled parking analytics and management platform. It senses the vehicle occupancy data in the parking spaces, cites, etc and shares availability information with the systems as visualization dashboards. It offers features like predict future occupancy rates by using the machine learning algorithm. Data analytics using existing sensors, parking meters, legacy systems for tracking both current and past data more. Provides solutions for cities for open parking management, hospitals, shopping malls, etc. The mobile application is available for users to find live available parking spaces its available for both Android iOS platforms.
Who are the top competitors of ParkingRhino?
ParkingRhino's top competitors include Arrive, Parkhub and Metropolis.
Who are ParkingRhino's investors?
ParkingRhino has 8 investors. Key investors include NEDFi, Startup Karnataka, Bhupen Borah, Sidhartha Bardoloye, and Phalgun Raj Paila.
What is ParkingRhino's valuation?
The valuation of ParkingRhino is $2.96M as of Jul 2018.