Deepinder Goyal of Zomato invests in Park+, a parking solutions startup
- ByStartupStory | February 8, 2022
Deepinder Goyal, the CEO of Zomato, has invested an unknown sum in Park+, India’s most popular auto app.
Goyal is joined by members of his Zomato core team, who’ve also funded in Park+. In November 2021, the firm secured $25 million in Series B financing.
Amit Lakhotia Founder and CEO of Park+ stated that Deepinder’s investment in Park+ is a statement of trust in aspirations to develop and establish an ecosystem for automobile owners in India. Automobile owners are an important, but underserved, the segment of the Indian economy, and Park+ are on a mission to restore joy to car ownership. Such confidence among industry executives only strengthens conviction in our purpose.
Park+, which was founded by Lakhotia, is creating an ecosystem to address the everyday difficulties that car owners encounter, such as parking, FASTag management, and car insurance, as well as innovative fully automated vehicle access control systems in malls, corporate parks, and residential properties. Across India, Park+ has a footprint in 600 cities and towns.
Park+ has over 90,000 bookable places in Delhi NCR, Mumbai, and Bengaluru, with over 2 million app installations in just 15 months. Earlier rounds of investment in Park+ were led by Ashish Hemrajani (BookMyShow), Deep Kalra (MakeMyTrip), Kunal Shah (Cred), Ashneer Grover (BharatPe), and Kunal Bahl (Snapdeal).
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