Pinpark

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

Pinpark is a company based in Kochi (India) founded in 2015 by Amith Sasi and Sasikumar Kumar Sreejith. It operates as a B2C, and B2B. 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 as of March 31, 2017. Pinpark offers products and services including PinPark App and Admin App. Pinpark operates in a competitive market with competitors including Parkoscope, otopark, ParkingPal, SimplyPark and The Digital Parking, among others.

  • Headquarter Kochi, India
  • Employees 4 as on 31 Mar, 2017
  • Founders Amith Sasi, Sasikumar Kumar Sreejith
  • Stage Minicorn
  • Sectors
    Business Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Oama Parking Solutions Private Limited
  • Date of Incorporation 15 Jul, 2016
  • Jurisdiction Kakkanad, Kerala, India
Operational Areas
Business Services → Facility, Security & Field Operations
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
    $839.5 (USD)
    0
    as on Mar 31, 2017
  • Net Profit
    $-16.7 K (USD)
    0
    as on Mar 31, 2017
  • EBITDA
    $-12.57 K (USD)
    0
    as on Mar 31, 2017
  • Total Equity Funding
    $38.86 K (USD)

    in 2 rounds

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

    Mar 05, 2019

  • Investors

    & 6 more

  • Employee Count
    4

    as on Mar 31, 2017

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Products & Services of Pinpark

Pinpark offers a comprehensive portfolio of products and services, including PinPark App and Admin App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

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

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 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
  • Total Rounds 2
  • Last Round Angel Round — $23,963
  • First Round

    (29 Jul 2016)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2019 Amount Angel Round - Pinpark Valuation Ajay Vadakkepatt
Jul, 2016 Amount Angel Round - Pinpark Valuation Unni Krishnan , Rajeev E R
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Angel
Investor Description Founded Year Domain Location

Ajay Vadakkepatt

-
Founded Year Domain Location

Rekha Jayakumar

-
Founded Year Domain Location

Unni Krishnan

Angel investor and entrepreneur, focused on tech startups in India.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Pinpark

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Pinpark

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pinpark Comparisons

Employees
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Competitors of Pinpark

Pinpark 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 Parkoscope, otopark, ParkingPal, SimplyPark and The Digital Parking, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Operates a digital marketplace for booking parking spaces.
domain founded_year HQ Location
P2P parking spaces are booked through an app-based platform.
domain founded_year HQ Location
App-based platform for booking parking spots
domain founded_year HQ Location
An online portal for easily finding and booking parking spaces.
domain founded_year HQ Location
Parking spots are booked via an Android app platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pinpark

Frequently Asked Questions about Pinpark

When was Pinpark founded?

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

Where is Pinpark located?

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

Is Pinpark a funded company?

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 29, 2016.

How many employees does Pinpark have?

As of Mar 31, 2017, the latest employee count at Pinpark is 4.

What is the annual revenue of Pinpark?

Annual revenue of Pinpark is $839.5 as on Mar 31, 2017.

What does Pinpark do?

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.

Who are the top competitors of Pinpark?

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

What products or services does Pinpark offer?

Pinpark offers PinPark App and Admin App.

Who are Pinpark's investors?

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

What is Pinpark's valuation?

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

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