Figuring Out • 1y
Finding parking spots in metro cities is very challenging. Even Amit Lakhotia, former VP at Paytm, faced this issue. He sometimes had meetings scheduled at 10, and struggled to find parking at 9:50. Frustrated, he started Park+, which suggests empty parking spots near the user's location and allows users to buy parking tickets online. In many parking spots, Park+ also installs the FASTag ecosystem, enabling users to pay directly with their FASTag balance for a seamless experience. This has helped them gain over 8 million users and ₹200 crores in sales, growing at a 200% CAGR. They have raised $55M with a $350 Million valuation, with Sequoia Capital as investors. Also they have expanded to offer services like paying e-challans, buying and recharging FASTag, booking car services, car washing, insurance, car trading, and even an e-comm store for car-related items. Thus, they are a one-stop solution for all your car needs, living up to their tagline, "Your Car App."
Hey I am on Medial • 1y
Got an idea What if we could rent an area to park the car and they could park there by giving a small sum to the owner of the land through the app Like we could find areas where they r willing to rent the parking spot And if a guy needs to park his c
See MoreOn the way to build ... • 25d
do people face the issue of parking car due to no parking space at their society, building, street? can we do something for this so that people could find a space in their area to take the space on monthly rental basis. If anyone interested on this
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