About ParkQwik
ParkQwik is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2023. Its Indian entity Freshapps Private Limited reported revenue of ₹1.9 Lakh. Its focus areas include Consumer, Road Transport Tech, Parking and Parking Spot. Its competitors include AirAttix, Pinpark and Parkoscope; 2 of its 3 listed competitors have raised funding.
Company details
App-based platform for booking parking spaces. Users can book parking spaces by providing location, payment details, and more. The platform offers services that includes EV charging point locator, fastag management, toll estimator, and more. App is available for both Android and iOS devices.
- Headquarters Chennai, India
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website parkqwik.com
- Social LinkedIn X Facebook
- Legal Name Freshapps Private Limited
- Date of Incorporation 11 Jun, 2018
- Jurisdiction Metukuppam, Chennai, Tamil Nadu, India
- Annual Revenue₹1.9 Lakh
FY 2019
- Net Profit₹5,486
FY 2019 · 3% margin
- EBITDA₹8,650
FY 2019 · 4% margin
Associated legal entities of ParkQwik
ParkQwik is associated with 2 registered companies on The Company Check; the primary company is Freshapps Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Freshapps Private Limited CIN U74999TN2018PTC123166 | Active | 11 Jun 2018 | Chennai, Tamil Nadu | ₹0.0 Cr | 2 | View details | |
| Parkqwik Private Limited CIN U52211TN2023PTC159340 | Active | 05 Apr 2023 | Kanchipuram, Tamil Nadu | 2 | View details |
Funding Insights of ParkQwik
- Total Rounds 1
All 1 funding rounds of ParkQwik 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 |
|---|---|---|---|---|---|
| Jun 2023 | Seed | – | – | – |
Board of directors of Freshapps Private Limited (ParkQwik)
Freshapps Private Limited is the primary company behind ParkQwik. The boards of the 2 registered companies of ParkQwik currently have 4 directors; the longest-serving is Renganathan, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Renganathan DIN 08154964 | Director | 11 Jun 2018 | 8 yrs 4 mo | Freshapps Private Limited |
| Selvan Arun Kumar DIN 07485666 | Director | 05 Apr 2023 | 3 yrs 6 mo | Parkqwik Private Limited |
| Vijaysree Veeramuthu DIN 10102831 | Director | 05 Apr 2023 | 3 yrs 6 mo | Parkqwik Private Limited |
| . Ramyadevi DIN 10163934 | Director | 10 Jun 2023 | 3 yrs 4 mo | Freshapps Private Limited |
Financials of ParkQwik
Figures of Freshapps Private Limited, the primary company behind ParkQwik, for FY 2019. Revenue was ₹1.9 Lakh. Net profit was ₹5,486 (3% margin). EBITDA was ₹8,650 (4% margin).
- ₹1.9 LakhRevenue · FY 2019
- ₹5,486Net profit · 3% margin
- ₹8,650EBITDA · 4% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Freshapps Private Limited are on its company page.
Detailed financial statements for ParkQwik
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of ParkQwik
2 dated milestones of ParkQwik, from founding to its latest funding, stage changes and deals.
- Founded ParkQwik is founded.
- Funding First funding round.
Competitors of ParkQwik
ParkQwik has 3 listed competitors in our database, 2 of them funded. They include AirAttix, Pinpark and Parkoscope.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| airattix.com | 2020 | Pune, India | $494,834 | 9 | Rental-based parking services are provided for users in India. | |
| pinpark.co | 2015 | Kochi, India | $38,857 | 1 | AI-powered app connects drivers to real-time parking spaces for easy navigation and management. | |
| parkoscope.com | 2018 | Mumbai, India | 59 | Operates a digital marketplace for booking parking spaces. |
Detailed competitors of ParkQwik
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Road Transport Tech
3 companies that operate in the same segment as ParkQwik (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 Parkqwik
Complete news archive for ParkQwik
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Frequently Asked Questions about ParkQwik
ParkQwik was founded in 2023.
ParkQwik is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind ParkQwik, Freshapps Private Limited, reported revenue of ₹1.9 Lakh for FY 2019.
App-based platform for booking parking spaces. Users can book parking spaces by providing location, payment details, and more. The platform offers services that includes EV charging point locator, fastag management, toll estimator, and more. App is available for both Android and iOS devices.
ParkQwik's top competitors include AirAttix, Parkoscope and Pinpark.
ParkQwik is associated with 2 legal entities: Freshapps Private Limited, Parkqwik Private Limited.
The legal entities of ParkQwik currently have 4 directors, including . Ramyadevi, Renganathan, Selvan Arun Kumar and others.