About ParkSmart
ParkSmart is a company based in Noida (India) founded in 2019 by Rishabh Nagpal, Prateek Garg, Rahul Gupta, Ratan Anmol Sethi, and Vishva Sharma. ParkSmart has raised $906.76 thousand across 4 funding rounds from investors including Gruhas, Anubhuti Trust and Marwari Angels. The company has 27 employees as of April 09, 2024. ParkSmart offers products and services including Controller, ANPR Camera, Barrier Gate, POS Device, and ParkSmart Dashboard. ParkSmart operates in a competitive market with competitors including Parkhub, Arrive, FlashParking, Metropolis and REEF, among others.
- Headquarter Noida, India
- Employees 27 as on 09 Apr, 2024
- Founders Rishabh Nagpal, Prateek Garg, Rahul Gupta, Ratan Anmol Sethi, Vishva Sharma
- 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 Parksmart Technologies Private Limited
- Date of Incorporation 05 Dec, 2019
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$330.57 K (USD)0.05as on Mar 31, 2023
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Net Profit
-$29.38 K (USD)-1413.65as on Mar 31, 2023
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EBITDA
$13.65 K (USD)103.03as on Mar 31, 2023
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Total Equity Funding
$906.76 K (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
Gruhas
& 14 more
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Employee Count
27
as on Apr 09, 2024
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Products & Services of ParkSmart
ParkSmart offers a comprehensive portfolio of products and services, including Controller, ANPR Camera, Barrier Gate, POS Device, and ParkSmart Dashboard.
AI-enabled device managing parking operations and real-time data.
Camera for automatic vehicle identification and access control.
Gate system for secure entry and exit in parking areas.
Device handling payments and access for parking transactions.
Web dashboard for monitoring and managing parking operations.
Funding Insights of ParkSmart
ParkSmart has successfully raised a total of $906.76K across 4 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.
Investors in ParkSmart
ParkSmart has secured backing from 15 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Gruhas, Anubhuti Trust and Marwari Angels.
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Venture capital firm investing in technology-driven innovations and partnerships in India.
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Student-led startups are invested in by this venture capital firm.
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Investor details for ParkSmart
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by ParkSmart
Investment portfolio details for ParkSmart
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Financial Statements - ParkSmart
Detailed financials for ParkSmart
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Parksmart Comparisons
Peer comparison for ParkSmart
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Competitors of ParkSmart
ParkSmart 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.
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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 ParkSmart
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Latest news on Parksmart
Complete news archive for ParkSmart
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Frequently Asked Questions about ParkSmart
ParkSmart was founded in 2019 and raised its 1st funding round 1 year after it was founded.
ParkSmart is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Rahul Gupta is the current CEO of ParkSmart. They have also founded this company.
ParkSmart is a funded company, having raised a total of $906.76K across 4 funding rounds to date.
As of Apr 09, 2024, the latest employee count at ParkSmart is 27.
Annual revenue of ParkSmart is $330.57K as on Mar 31, 2023.
ParkSmart was founded in 2019 in Noida, India, as a technology platform focused on parking management. Automated access control is provided, along with real-time occupancy monitoring, digital payment options, and analytics tools. Operations target efficient urban parking for commercial and public spaces, supporting data-driven decisions in the mobility sector across India.
ParkSmart's top competitors include Arrive, Parkhub and Metropolis.
ParkSmart offers Controller, ANPR Camera, Barrier Gate, POS Device, and ParkSmart Dashboard.
ParkSmart has 15 investors. Key investors include Gruhas, Anubhuti Trust, Marwari Angels, Hiro Mashita, and Ameet Desai.
The valuation of ParkSmart is $3.27M as of Mar 2023.