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.
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.
| 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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Support for startups in Karnataka is delivered through policies, funding, and networking services.
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Bhupen Borah |
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Investor details for ParkingRhino
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Investments & Acquisitions by ParkingRhino
Investment portfolio details for ParkingRhino
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Financial Statements - ParkingRhino
Detailed financials for ParkingRhino
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Parkingrhino Comparisons
Peer comparison for ParkingRhino
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of comprehensive parking management solutions
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Tech-enabled platform for parking and mobility management solutions is provided.
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Parking management systems are delivered via SaaS-enabled hardware and software.
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End-to-end parking management solutions are provided via an AI-enabled platform.
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REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
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Parking management solutions for events and venues are provided.
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Detailed competitors of ParkingRhino
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Latest news on Parkingrhino
Complete news archive for ParkingRhino
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Frequently Asked Questions about ParkingRhino
ParkingRhino was founded in 2015 and raised its 1st funding round 1 year after it was founded.
ParkingRhino is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
ParkingRhino is a funded company, having raised a total of $635.05K across 4 funding rounds to date.
As of Apr 09, 2024, the latest employee count at ParkingRhino is 2.
Annual revenue of ParkingRhino is $84.34K as on Mar 31, 2023.
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.
ParkingRhino's top competitors include Arrive, Parkhub and Metropolis.
ParkingRhino has 8 investors. Key investors include NEDFi, Startup Karnataka, Bhupen Borah, Sidhartha Bardoloye, and Phalgun Raj Paila.
The valuation of ParkingRhino is $2.96M as of Jul 2018.