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Get My Parking Raises $1.1mn Funding from IAN, Others

get my parking funding

23 February 2017, India:

Delhi-based parking solutions platform, Get My Parking has today announced that it has raised pre-series A funding of $1.1 million led by Indian Angel Network. The round also saw the participation from other investors including BEENEXT, The Chennai Angels (TCA), and Sunil Munjal (Hero group).

Rasik Pansare, Co-founder and CMO, Get My Parking said, “Giving way to Mobility Planning, the fund will be invested in deploying our integrated smart parking platform. The pilots have been initiated in Jaipur and Mumbai in collaboration with local government authorities and several citywide contracts. We are poised for international growth by setting up country partners in 6 countries with the enhanced products to fit the requirements of a global parking solution.”

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Founded in 2015 by Chirag Jain (IIT Madras) and Rasik Pansare (FMS Delhi), Get My Parking works on some simple fundamentals and enables its users to search, book and navigate parking, saving them from circling around the parking yard to find a space where they can lock their vehicles. The user gets a bird’s eye view of all the legal parking lots with the map of locations, availability, pricing and other details and gets assured parking with cashless payment and navigation.

Also read- VERIZON-YAHOO AGREE ON CUTTING $350 MILLION, DEAL REVISED AT $4.48 BILLION

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