News on Medial

Related News

ParkMate raises $1.2 Mn led by Cactus Partners

EntrackrEntrackr · 1y ago
ParkMate raises $1.2 Mn led by Cactus Partners
Medial

Car parking solutions provider ParkMate has raised $1.2 million in a new round led by early growth-stage venture fund Cactus Partners. Existing backers such as Venture Catalysts and the Marwah Group Family Office have also participated in the round. According to ParkMate, the funds will be used to ramp up its growth trajectory, invest in its team to win business, streamline its operations, and continue to innovate new solutions. Founded by Dhananjaya Bharadwaj, ParkMate offers smart parking solutions to shopping malls, office complexes, and Hotels in the corporate segment and to parking contractors for government parking spaces. The firm’s exclusive DaSH (Drop & Shop) service claims parking within 2 minutes for car owners at shopping malls, arcades, and business complexes. It counts as DLF, Phoenix Mills, Fun Republic, the UP, and Telangana Governments. Smart cities are another sizeable market for ParkMate. It directly competes with Park+, Get My Parking, Park Smart, and Parky, among others. Park+ is the largest player in this segment. In June, the company ventured into the on-demand driver services segment with Drive+, positioning it as a potential competitor to DriveU, Drivers4Me, Driverzz, PickMyCar, Namma Driver, and Cars24. This marks the eighth investment by Cactus Partners since January 2021. The firm has invested in companies such as Lohum Cleantech, Kapture CX, Vitraya Technologies, AMPM Fashions, Auric, Indigrid Technology, and Rubix Data Sciences (exited).

SMART Technologies unveils educational product at DIDAC 2025

EntrackrEntrackr · 19d ago
SMART Technologies unveils educational product at DIDAC 2025
Medial

SMART Technologies has launched its first-ever SMART ‘Make in India’ interactive flat panels, flagship solutions designed for education, at DIDAC. During a media briefing on Thursday, 20 November 2025, at The Lalit in New Delhi, the company announced its plans in line with the Government of India’s ‘Make in India’ and ‘Digital Education’ initiatives. The event brought together senior leaders from SMART’s international headquarters, educators, AV/IT partners, and media representatives for a high-impact launch and live product showcase. Attendees explored the new India-manufactured interactive display first-hand, featuring superior energy efficiency, enhanced annotation with SMART Ink, and streamlined teaching experiences through Lumio’s AI capabilities, SMART’s innovative learning platform. During the briefing, SMART also outlined its India-focused roadmap centred on strengthening local support for schools, universities, and corporate learning environments. Reflecting on the significance of the launch, Toke Tangkjaer, Chief Revenue Officer (CRO), SMART Technologies said, “This is a proud moment for us at SMART. Bringing manufacturing to India enables us to deliver our world-class technology to more deserving classrooms. The response we've had at DIDAC 2025 affirms the need for solutions that truly support teaching and learning.” The event featured a detailed AV presentation showcasing SMART’s product ecosystem, including SMART Board® GX Plus, Lumio’s AI Assist, and the company’s customer-centric support framework. The company’s manufacturing operations for the India market are located in Andhra Pradesh. SMART Technologies offers interactive technology solutions such as SMART Board® interactive displays and comprehensive software offerings. The company is dedicated to creating engaging, inclusive, and collaborative learning and working environments. The company focuses on quality, innovation, and inclusion, and aims to drive advancements in education and business technology globally.

Download the medial app to read full posts, comements and news.