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Home Business

Get My Parking Secures Rs 2.5 Crore Funding From Chennai Angels

by Nitin Konde
May 2, 2016
in Business, News
Reading Time: 2 mins read
0
Get My Parking Secures Rs 2.5 Crore Funding From Chennai Angels
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Get My Parking

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2 April, 2016, Chennai: In its recent development, agile parking solution startup, Get My Parking has secured Rs 2.5 crore funding from Chennai Angels. The company was jointly founded by Chirag Jain and Rasik Pansare and it deals in providing perfect parking solution to it is users, solving the most emerging problem of metro cities.

It has developed a cloud based mobile technology which comes real handy to its users. Speaking about the investment, Sudhir Rao of IndusAge Partners said, “Automotive customers now seek real-time solutions and a triangulation of location, service aggregation, payments and community shared feedback to delight their personal journeys with. The GMP team is driving towards a platform to delight its customers. Within eight months of commercial operations, they are at the cusp of servicing over a million transactions a month in the NCR region alone.”

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 map of locations, availability, pricing and other details and gets assured parking with cashless payment and navigation.

Speaking on the development,  Chirag Jain, Co-Founder, Get My Parking said, “The exponential rise in demand for parking space is crippling the urban infrastructure and causing needless congestion. We believe only technology and data driven solutions can solve this chronic problem with efficient use of existing parking space.”

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Tags: agile parking solutionChirag JainGet My ParkingIndusAge PartnersRasik PansareSudhir Rao
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