Pinpark

Kochi, India Founded: 2015 • Age: 11 yrs Minicorn
AI-powered app connects drivers to real-time parking spaces for easy navigation and management.

About Pinpark

Pinpark was a Business Services company based in Kochi (India) founded in 2015 by Amith Sasi and Sasikumar Kumar Sreejith. It operates as an AI-powered app connects drivers to real-time parking spaces for easy navigation and management. It operates on a B2C and B2B model in Business Services and Technology sectors. Pinpark has raised $38.86 thousand across 2 funding rounds from investors including Ajay Vadakkepatt, Rekha Jayakumar and Unni Krishnan. The company has 4 employees. Pinpark was last valued at $2.74 million in March 2019. The company is recorded as dissolved. Pinpark offers products and services including PinPark App and Admin App. Its focus areas include Consumer, Transportation Tech, Parking Management and Real-Time Availability. Its legal entity in India is Oama Parking Solutions Private Limited (U72900KL2016PTC046296). Its competitors include Parkoscope, otopark, ParkingPal, SimplyPark and The Digital Parking and 1 more.

Company details

PinPark is an AI-powered parking management solution that uses vacancy sensors to deliver real-time availability of parking spaces through a user-friendly mobile app. Drivers can view, navigate to, and pay for spots seamlessly, while owners access tools to optimize revenue and track metrics. Based in Murray, Utah, USA, it serves urban drivers and parking facility operators to reduce time and emissions, enhancing overall mobility efficiency.

  • Headquarters Kochi, India
  • Employees 4
  • Founders Amith Sasi, Sasikumar Kumar Sreejith
  • Stage Minicorn
  • Sectors
    Business Services
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website pinpark.co
  • Social LinkedIn X Facebook Instagram
  • Legal Name Oama Parking Solutions Private Limited
  • Date of Incorporation 15 Jul, 2016
  • Jurisdiction Kakkanad, Kerala, India
Key Metrics
  • Annual Revenue
    ₹53,624

    FY 2017

  • Net Loss
    -₹10.7 Lakh

    FY 2017 · -1990% margin

  • EBITDA
    -₹8 Lakh

    FY 2017 · -1497% margin

  • Total Equity Funding
    $38.86K (USD)

    in 2 rounds

  • Latest Funding Round
    $23.96K (USD), Angel Round

    Mar 2019

  • Employee Count
    4

Products & Services of Pinpark

Pinpark offers a comprehensive portfolio of products and services, including PinPark App and Admin App.

PinPark App
Mobile Application

App for real-time parking space updates and navigation for drivers.

Admin App
Management Tool

Tool for parking owners to track metrics and optimize revenue.

Funding Insights of Pinpark

Pinpark has successfully raised a total of $38.86K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $23.96 thousand completed in March 2019. 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 $38,857
  • Total Rounds 2
  • Last Round Angel Round β€” $23,963
  • First Round $14,894

    (Jul 2016)

  • Investors Count 7

All 2 funding rounds of Pinpark with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2019$23,963Angel Round$2.74MAjay Vadakkepatt
Jul 2016$14,894Angel Round$375,569Unni Krishnan, Rajeev E R
–
Valuation history
DateValuationStage
Mar 2019$2.74Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.74M (Mar 2019). 7 investors in total: 0 institutional and 7 angel.

Investors in Pinpark

Pinpark has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Ajay Vadakkepatt, Rekha Jayakumar and Unni Krishnan.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Ajay Vadakkepatt

-
–unknown_1f01321028714cbea-

Rekha Jayakumar

-
–unknown_2a809592e90143518-

Unni Krishnan

Angel investor and entrepreneur, focused on tech startups in India.
–unknown_a50fe60361174a508-

Rajeev E R

-
–unknown_10854333c99b4ba6a-

Sreejith P R

-
–unknown_62661f191f514d588-

Unnikrishnan

-
–unknown_89d864996d85492ab-

Sajay P

-
–unknown_41bef9df1c5948508-
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Investor details for Pinpark

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Oama Parking Solutions Private Limited (Pinpark)

Oama Parking Solutions Private Limited is the primary company behind Pinpark. The board of Oama Parking Solutions Private Limited currently have 2 directors; the longest-serving is Sasikumar Kumar Sreejith, appointed in 2016. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sasikumar Kumar Sreejith
DIN 07556981
Director15 Jul 201610 yrs 3 moOama Parking Solutions Private Limited
Amith Sasi
DIN 07556977
Director15 Jul 201610 yrs 3 moOama Parking Solutions Private Limited

People of Pinpark

2 people are tracked at Pinpark (2 in leadership); the tracked headcount is 4.

NameRoleGroup
Co-Founder, DirectorLeadership
Co-Founder, CTOLeadership
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Complete people profiles for Pinpark

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  • Team structure
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Financials of Pinpark

Figures of Oama Parking Solutions Private Limited, the primary company behind Pinpark, for FY 2017. Revenue was ₹53,624. Net loss was -₹10.7 Lakh (-1990% margin). EBITDA was -₹8 Lakh (-1497% margin).

  • ₹53,624Revenue · FY 2017
  • -₹10.7 LakhNet loss · -1990% margin
  • -₹8 LakhEBITDA · -1497% margin
  • ₹11.1 LakhPaid-up capital
  • 4Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Oama Parking Solutions Private Limited are on its company page.

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Detailed financial statements for Pinpark

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Pinpark

4 dated milestones of Pinpark across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pinpark is founded.
  2. Funding First funding round of $15K.
  3. Funding Latest funding round, Angel Round, of $24K.
  4. Milestone Reaches Minicorn status.

Competitors of Pinpark

Pinpark has 6 listed competitors in our database. They include Parkoscope, otopark, ParkingPal, SimplyPark and The Digital Parking, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
parkoscope.com2018Mumbai, India–59
Operates a digital marketplace for booking parking spaces.
otopark.in2019Mumbai, India––
P2P parking spaces are booked through an app-based platform.
parkingpal.in2021Pune, India––
App-based platform for booking parking spots
simplypark.in2015Delhi, India––
An online portal for easily finding and booking parking spaces.
thedigitalparking.com2018Jaipur, India––
Parking spots are booked via an Android app platform.
parkingmantra.com2021Hyderabad, India––
Parking spaces are booked via an app-based reservation platform.
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Detailed competitors of Pinpark

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Parking Services

10 companies that operate in the same segment as Pinpark (Parking Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Parking spaces are owned and operated by Indigo Group.
2001Puteaux, Hauts-de-seine, France–USD 1.5 M18
Parking facilities are provided and booked via app in NYC.
1947New York, New York, United States–––
Car parking services are provided across urban and regional areas.
1947Stuttgart, Baden-wurttemberg, Germany–––
Saba Infraestructuras is engaged in parking management and sustainable mobility.
1966Barcelona, Catalonia, Spain–––
Parking services are provided in Lisbon, Portugal.
1994Lisbon, Portugal–––
Provider of parking services
2015Cincinnati, Ohio, United States–USD 35.08 M18
App-based platform providing a real-time parking marketplace for consumers and businesses.
2015Bengaluru, Karnataka, IndiaUSD 135.41 KUSD 76.2 K–
Parking solutions and management services are provided in Sweden.
–Sweden–––
Delivers smart parking solutions for efficient urban management.
2003Bengaluru, Karnataka, IndiaUSD 6.46 MUSD 1.93 M228
Parking facilities are owned and operated by Parkit Enterprise.
2008Vancouver, British Columbia, Canada–USD 22.83 M–
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Frequently Asked Questions about Pinpark

Pinpark was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Pinpark is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.

Pinpark is a funded company, having raised a total of $38.86K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $14.89K, raised on Jul 2016.

Pinpark has 4 employees.

The primary company behind Pinpark, Oama Parking Solutions Private Limited, reported revenue of β‚Ή53,624 for FY 2017.

PinPark is an AI-powered parking management solution that uses vacancy sensors to deliver real-time availability of parking spaces through a user-friendly mobile app. Drivers can view, navigate to, and pay for spots seamlessly, while owners access tools to optimize revenue and track metrics. Based in Murray, Utah, USA, it serves urban drivers and parking facility operators to reduce time and emissions, enhancing overall mobility efficiency.

Pinpark's top competitors include The Digital Parking, Parkoscope and ParkingPal.

Pinpark offers PinPark App and Admin App.

Pinpark has 7 investors. Key investors include Ajay Vadakkepatt, Rekha Jayakumar, Unni Krishnan, Rajeev E R, and Sreejith P R.

The valuation of Pinpark is $2.74M as of Mar 2019.

Pinpark operates through Oama Parking Solutions Private Limited.

The legal entities of Pinpark currently have 2 directors, including Sasikumar Kumar Sreejith, Amith Sasi.

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