About ParkMate
ParkMate is a Transportation, Automotive & Logistics company based in Noida (India) founded in 2021 by Abhimanyu Singh, Dhananjay Bharadwaj, and Saloni Malhotra. App-based platform for booking valet parking services. ParkMate has raised $1.7 million across 12 funding rounds from investors including Venture Catalysts, We Founder Circle and Z Nation Lab. ParkMate was last valued at $2.07 million in September 2023. Its chief executive, as recorded, is Dhananjay Bharadwaj. Its website parkmate.in draws about 51 thousand monthly visits. Its Indian entity Parkmate Smart Parking Solutions Private Limited reported revenue of ₹5.29 Cr. Its focus areas include Consumer, Road Transport Tech, Parking and Valet. Its competitors include ValetEZ, Ping 2 Park and Ska; 1 of its 3 listed competitors has raised funding.
Company details
ParkMate was founded in 2021 in Noida, India, as an app-based platform in the on-demand mobility sector. Valet parking services are facilitated through the app, where bookings are made for valets to park vehicles in secure locations and deliver them to specified points. Hyperlocal operations are supported for car owners seeking convenient parking solutions in urban areas.
- Headquarters Noida, India
- Founders Abhimanyu Singh, Dhananjay Bharadwaj, Saloni Malhotra
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website parkmate.in
- Social LinkedIn X Facebook Instagram
- Legal Name Parkmate Smart Parking Solutions Private Limited
- Date of Incorporation 23 Jul, 2021
- Jurisdiction Moradabad, Uttar Pradesh, India
- Annual Revenue₹5.29 Cr
FY 2025 · +221% YoY
- Net Loss-₹4.61 Cr
FY 2025 · -87% margin
- EBITDA-₹4.52 Cr
FY 2025 · -86% margin
- Total Equity Funding$1.7M (USD)
in 12 rounds
- Latest Funding Round$136.06K (USD), Seed
Sep 2025
- InvestorsVenture Catalysts
& 60 more
Associated legal entities of ParkMate
ParkMate is associated with 2 registered companies on The Company Check; the primary company is Parkmate Smart Parking Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Parkmate Smart Parking Solutions Private Limited CIN U63120UP2021PTC149357 | Active | 23 Jul 2021 | Moradabad, Uttar Pradesh | ₹5.3 Cr | 14 | 2 | View details |
| Pariksha Labs Private Limited CIN U72300DL2007PTC167838 | Active | 06 Sep 2007 | Delhi, Delhi | ₹0.0 Cr | 22 | 3 | View details |
Apps and channels of ParkMate
ParkMate publishes 1 mobile app with over 5K+ downloads.
Funding Insights of ParkMate
ParkMate has successfully raised a total of $1.7M across 12 strategic funding rounds. The most recent funding activity was a Seed round of $136.06 thousand completed in September 2025. 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 $1.7M
- Total Rounds 12
- Last Round Seed — $136,064
- First Round $22,567
(Apr 2022)
- Investors Count 61
Latest 10 of 12 funding rounds of ParkMate 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 |
|---|---|---|---|---|---|
| Sep 2025 | $136,064 | Seed | – | Cactus Venture Partners | – |
| Jun 2024 | $1.2M | Seed | – | Cactus Venture Partners | |
| May 2024 | $32,407 | Seed | – | – | |
| Sep 2023 | $153,792 | Seed | $2.07M | Saurabh Gupta | |
| Jul 2023 | Seed | – | – | ||
| Feb 2023 | $84,745 | Seed | $1.9M | – | |
| Jan 2023 | Seed | – | We Founder Circle | – | |
| Nov 2022 | $47,174 | Seed | $••••• | Infinius Infrastructure | |
| Nov 2022 | Seed | – | – | ||
| Sep 2022 | $27,200 | Angel Round | $••••• | Puneet Rajilal Bharadwaj |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2023 | $2.07M | •••••••• |
| Feb 2023 | $1.9M | •••••••• |
| Nov 2022 | $••••• | •••••••• |
Full valuation and stage history of ParkMate
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 $2.07M (Sep 2023). 61 investors in total: 15 institutional and 46 angel.
Investors in ParkMate
ParkMate has secured backing from 61 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Venture Catalysts, We Founder Circle and Z Nation Lab.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Venture capital firm investing in early-stage Indian tech companies with established product-market-fit. | 2021 | cactusvp.com | Mumbai, India | |
Startups are matched with investors via an online investment platform. | 2021 | invstt.com | Mumbai, India | |
Startup accelerator | 2016 | znationlab.com | Cupertino, United States | |
Investment in early-stage startups and global community support. | 2020 | wefoundercircle.com | Mumbai, India | |
Venture capital firm focused on early-stage companies | gauravsinghviventures.com | Surat, India | ||
Commercial spaces and steel-related products are developed in India. | 1961 | marwah.in | Mumbai, India | |
University offering UG & PG courses across medical, IT, and other streams | 1995 | amity.edu | Noida, India | |
Website development services are provided in Udham Singh Nagar, India. | softsolmediatech.tcc.mode | Udham Singh Nagar, India | ||
| hiurysalesandmarketing.tcc.mode |
Investor details for ParkMate
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Board of directors of Parkmate Smart Parking Solutions Private Limited (ParkMate)
Parkmate Smart Parking Solutions Private Limited is the primary company behind ParkMate. The boards of the 2 registered companies of ParkMate currently have 5 directors; the longest-serving is Arvind Jha, appointed in 2007. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arvind Jha DIN 01663763 | Director | 06 Sep 2007 | 19 yrs 1 mo | Pariksha Labs Private Limited |
| Moushumee Jha DIN 06401824 | Director | 02 Jan 2017 | 9 yrs 9 mo | Pariksha Labs Private Limited |
| . Savita DIN 10051270 | Director | 21 Feb 2023 | 3 yrs 8 mo | Pariksha Labs Private Limited |
| Dhananjaya Bhardwaj DIN 10164576 | Director | 23 May 2023 | 3 yrs 5 mo | Parkmate Smart Parking Solutions Private Limited |
| Abhimanyu Singh DIN 10164579 | Director | 05 Aug 2023 | 3 yrs 2 mo | Parkmate Smart Parking Solutions Private Limited |
People of ParkMate
3 people are tracked at ParkMate (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Dhananjay Bharadwaj | Co-Founder & CEO | Leadership |
| Co-Founder | Leadership |
Complete people profiles for ParkMate
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Financials of ParkMate
Figures of Parkmate Smart Parking Solutions Private Limited, the primary company behind ParkMate, for FY 2025. Revenue was ₹5.29 Cr (+221% year on year). Net loss was -₹4.61 Cr (-87% margin). EBITDA was -₹4.52 Cr (-86% margin). Revenue has grown at a compounded annual rate of +2863% over three years.
- ₹5.29 CrRevenue · FY 2025 · +221% YoY
- -₹4.61 CrNet loss · -87% margin
- -₹4.52 CrEBITDA · -86% margin
- ₹34,290Paid-up capital
- 14Employees (provident fund records)
- +2863%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Parkmate Smart Parking Solutions Private Limited are on its company page.
Detailed financial statements for ParkMate
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of ParkMate
4 dated milestones of ParkMate across 4 years, from founding to its latest funding, stage changes and deals.
- Founded ParkMate is founded.
- Funding First funding round of $23K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $136K.
Competitors of ParkMate
ParkMate has 3 listed competitors in our database, 1 of them funded. They include ValetEZ, Ping 2 Park and Ska.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| valetez.com | 2016 | Bengaluru, India | $377,351 | 107 | Parking management is enabled via a tech-integrated platform. | |
| ping2park.in | 2015 | Delhi, India | An on-demand provider for convenient parking solutions. | |||
| ska.in | 2016 | Bengaluru, India | A mobile app that enables users to book valet parking services conveniently. |
Detailed competitors of ParkMate
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Verified entity values are shown only after access is granted.
Web traffic of ParkMate
The website of ParkMate (parkmate.in) receives about 51.3K visits a month.
- Monthly visits51.3K
▲ 207.1% vs previous month
Top companies in Road Transport Tech
3 companies that operate in the same segment as ParkMate (Road Transport Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing, electric vehicles, and financial solutions are provided via app. | 2010 | Bengaluru, Karnataka, India | USD 3.83 B | USD 278.63 M | 2,473 | |
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions | 2015 | Bengaluru, Karnataka, India | USD 798.05 M | USD 19.11 M | 817 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M |
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Related news about Parkmate
Complete news archive for ParkMate
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Frequently Asked Questions about ParkMate
ParkMate was founded in 2021 and raised its 1st funding round 1 year after it was founded.
ParkMate is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Dhananjay Bharadwaj is the CEO of ParkMate, as recorded in our data. They have also founded this company.
ParkMate is a funded company, having raised a total of $1.7M across 12 funding rounds to date. The company's 1st funding round was a Angel Round of $27.2K, raised on Apr 2022.
The primary company behind ParkMate, Parkmate Smart Parking Solutions Private Limited, reported revenue of ₹5.29 Cr for FY 2025, up 221% year on year.
ParkMate was founded in 2021 in Noida, India, as an app-based platform in the on-demand mobility sector. Valet parking services are facilitated through the app, where bookings are made for valets to park vehicles in secure locations and deliver them to specified points. Hyperlocal operations are supported for car owners seeking convenient parking solutions in urban areas.
ParkMate's top competitors include ValetEZ, Ping 2 Park and Ska.
ParkMate has 61 investors. Key investors include Venture Catalysts, We Founder Circle, Z Nation Lab, Invstt, and Amity University.
The valuation of ParkMate is $2.07M as of Sep 2023.
ParkMate is associated with 2 legal entities: Parkmate Smart Parking Solutions Private Limited, Pariksha Labs Private Limited.
The legal entities of ParkMate currently have 5 directors, including . Savita, Moushumee Jha, Arvind Jha and others.
Yes. ParkMate publishes ParkMate DaSH, with over 5,000 downloads.