Fundraising Fox

Park+

Delhi, IN · Founded 2019 · 870 employees on LinkedIn · 13 known investors

Find your way into Park+

262 people in our graph share verified history with the Park+ team — schools, employers, funds. One of them is your warm intro.

Neeraj Aroraunlockedknows Hitesh Gupta · together at Paytm (overlapped)
×10knows the team · via Indian Institute of Management Ahmedabad
knows the team · via Paytm

Park+ is a mobile app for car owners in India that started with finding and booking parking spaces and expanded to cover other car-related needs such as insurance renewal, FASTag services, and challan (traffic fine) payments. It also provides parking management systems for locations like malls and offers services to commuters and consumers.

ConsumerFintechMobility & TransportationSaaS

Founders & leadership

Park+ was founded in 2019 by Amit Lakhotia and Hitesh Gupta.

ALAmit Lakhotia
Amit LakhotiainFounder & CEOAmit Lakhotia held leadership roles at MakeMyTrip (2007–11) and Paytm (2012–15), working on their growth in travel, payments, and e-commerce. He is founder and CEO of Park+, a mobile app for car owners in India offering parking, insurance, and traffic fine payment services.
HGHitesh Gupta
Hitesh GuptainCo-Founder & CPTOHitesh Gupta led the payments platform at Paytm and previously co-founded PayMonk, a fintech platform serving rural India. He brings experience in building scalable payment and mobile products, with expertise in e-commerce, cloud technologies, and distributed systems.

Investors · 13

Epiq Capital✓ verifiedGrand Cayman
Peak XV Partners✓ verifiedTrianon · $100K – $10M
Advantedge FoundersNew Delhi · $1Mvia Kunal Khattar · inferred
peercheque$100K – $500K
Z47Coral Springs · $1.2M – $40M
iSeedreportedBangalore · $250Kvia Utsav Somani · inferred
Matrixreported · 2 sourcesSan Francisco · $100K – $10M
Sequoia Capitalreported · 2 sourcesMenlo Park · $4.4M – $214M

Also in the syndicate · 5

AdvantEdgeFund IIFund II - A Series of Somani Investments LPMotherson Lease Solution LimitedSequoia Capital Indialead

Funding

SEC filings, press & company announcements

$25M disclosed across 1 of 3 rounds · 2021–2023

Source: company announcements and press reports — follow each round's link for the claim.

Key figures

latest reported
HeadcountAug 2026870

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 6

by search overlap
Cardekho2768 shared keywordsCardekho is an online automotive marketplace and information platform that helps consumers research, compare, and purchase new and used cars in India. The platform provides car listings, pricing, reviews, specifications, and news to support car-buying decisions.
Carwale2553 shared keywordsCarWale is a digital platform offering tools and services to help car consumers evaluate and purchase vehicles at competitive prices from verified dealers. The platform serves individual car buyers and automotive retailers in India.
Cars242445 shared keywordsCARS24 is an online platform for buying and selling used cars in India, offering vehicle transactions along with financing, insurance, and RTO/challan-check services. It positions itself as a used-car marketplace with related automotive services including car loans, insurance, and inspections.
Hindustan Times2218 shared keywordsHindustan Times is a news publication that reports on current events, covering topics such as national and regional news.
Spinny2208 shared keywordsSpinny is an online platform for buying and selling certified pre-owned cars, offering vehicles that pass a 200-point inspection along with money-back guarantees, free RC transfer, and used-car financing. It serves individual consumers in India looking to purchase second-hand cars through a transparent, fixed-price process.
CarTrade1985 shared keywordsCarTrade is an online platform offering tools and services to help consumers research, price, and buy cars from partners, and also lists vehicles for auction. Part of CarTrade Tech, it serves car buyers in the Indian automotive market.

Companies competing with Park+ for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Park+ raises 140 Cr in Series C funding, plans expansion to 100+ citiesbusiness-standard.com · Jan 2023Park+ raises ₹140 crore in Series C round, valuation doubles | Company Business Newslivemint.com · Jan 2023Park+ funding: Park+ raises $17 million in funding from Epiq Capital, Sequoia and Matrix - The Economic Timeseconomictimes.indiatimes.com · Jan 2023Update: Park+ raises $17 Mn in Series C led by Epiq Capitalentrackr.com · Dec 2022Park+ Funds: Park+ raises USD 25 mn funding from Sequoia Capital India, others, ETAutoauto.economictimes.indiatimes.com · Nov 2021Park+ raises $25 mn in Series B funding co-led by Sequoia, Matrix Partners, othersvccircle.com · Nov 2021

Frequently asked questions

What does Park+ do?
Park+ is a mobile app for car owners in India that started with finding and booking parking spaces and expanded to cover other car-related needs such as insurance renewal, FASTag services, and challan (traffic fine) payments. It also provides parking management systems for locations like malls and offers services to commuters and consumers.
Who founded Park+?
Park+ was founded by Amit Lakhotia, Hitesh Gupta in 2019.
Who are Park+'s investors?
Park+'s investors include Epiq Capital, Peak XV Partners, Advantedge Founders, peercheque, Z47, iSeed, Matrix, Sequoia Capital.
How much funding has Park+ raised?
Park+ has disclosed $25M raised across 1 of its 3 known rounds.
Where is Park+ headquartered?
Park+ is headquartered in Delhi, IN.