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ParkPlus provides smart parking, FASTag toll payments and vehicle management services in Indian cities.
Founded in 2019 and based in Gurgaon, India, ParkPlus was co-founded by Amit Lakhotia and Hitesh Gupta. Its services include a Smart Parking Solution with automatic transaction recording and real-time spot availability, FASTag toll payments and other vehicle management services, aimed at car owners, corporations and residential complexes in Delhi, Mumbai and Bengaluru. In 2023 it reported revenue of INR 11,937,563.90 and EBITDA of -INR 12,540,996. Its latest round was a Series C of INR 1.31 billion in December 2022, led by Epiq Capital, with participation from Matrix Partners and Sequoia Capital.
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