SimplyPark

Delhi, India Founded: 2015 • Age: 11 yrs
An online portal for easily finding and booking parking spaces.
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About SimplyPark

SimplyPark is a company based in Delhi (India) founded in 2015 by Aditya Sehgal, Sachin Sehgal, Nitin Misra, and Rachit Sehgal. It operates as a B2C. SimplyPark operates in a competitive market with competitors including otopark, ParkingPal, SimplyGuest, Parkiez and YoParker, among others.

  • Headquarter Delhi, India
  • Founders Aditya Sehgal, Sachin Sehgal, Nitin Misra, Rachit Sehgal
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Facility, Security & Field Operations
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of SimplyPark

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2017 Amount Seed - SimplyPark Valuation

investors

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

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Investors in SimplyPark

SimplyPark has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include FasterCapital. 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
Venture Fund
Investor Description Founded Year Domain Location
Venture building, startup incubation, and funding services are provided by FasterCapital.
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 SimplyPark

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 - SimplyPark

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

Simplypark Comparisons

Employees
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Competitors of SimplyPark

SimplyPark 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 otopark, ParkingPal, SimplyGuest, Parkiez and YoParker, 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
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
Provides managed furnished residential accommodations for short-term stays.
domain founded_year HQ Location
Facilitates online peer-to-peer booking of parking spaces.
domain founded_year HQ Location
An online peer-to-peer marketplace for renting parking spaces.
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 Simplypark

Frequently Asked Questions about SimplyPark

When was SimplyPark founded?

SimplyPark was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is SimplyPark located?

SimplyPark is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

What does SimplyPark do?

SimplyPark, established in 2015, excels in providing transportation services, offering parking solutions, operating online portals, and space finding. An online portal for easily finding and booking parking spaces. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

Who are the top competitors of SimplyPark?

SimplyPark's top competitors include ParkingPal, otopark and YoParker.

Who are SimplyPark's investors?

SimplyPark has 1 investor. Key investors include FasterCapital.

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