Angel Investments

Car parking app Park+ raises funds from Zomato CEO Deepinder Goyal, others

Business Line  

Zomato CEO Deepinder Goyal has invested in Park+, the super app for car users in India. Goyal is also joined by his core team members at Zomato, who have also invested in Park+. The company raised a USD 25 million Series B round in November 2021. Park+ is building an ecosystem that solves the daily challenges faced by car owners ranging from parking, FASTag management, car insurance, to advanced and automated vehicle access control systems in malls, corporate parks, and residential apartments. It has a presence across 600 cities/ towns in India. Angel investors such as Ashish Hemrajani (BookMyShow), Deep Kalra (MakeMyTrip), Kunal Shah (Cred), Ashneer Grover (BharatPe) and Kunal Bahl (Snapdeal) have all invested in Park+ in earlier rounds.

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