Startup Atlas · Auto-tech

Park+ Soonicorn

Gurugram, Haryana Founded 2019 parkplus.io ↗

Car ownership solutions platform offering parking, FASTag, e-challan payment, car insurance, and other vehicle-related services.

Amit Lakhotia · Founder & CEO Hitesh Gupta · Co-Founder & CPTO
$53.41 MnTotal funding (tracked)
3Funding rounds
10 Jan 2023Last round

Park+: Funding Rounds

Acquisitions

DateAcquirerAcquiredAmountSource
14 Jun 2022 Park+ Otopark Undisclosed source

Recent Signals

  • 12 Dec 2025 · financial
    Listed in Inc42's Indian Soonicorn Tracker at ~$310 Mn valuation source

News on Park+

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FAQs on Park+

Who founded Park+?

Park+ was founded by Amit Lakhotia, Hitesh Gupta in 2019.

How much funding has Park+ raised?

Park+ has raised $53.41 Mn across 3 tracked funding round(s), most recently on 2023-01-10. Figures are compiled from cited public sources.

Who are the investors in Park+?

Investors in Park+ include Epiq Capital, Sequoia Capital India, Z47, AdvantEdge Partners, Motherson Lease Solution Limited, Ashish Hemrajani, Ashneer Grover, Deep Kalra.

What does Park+ do?

Car ownership solutions platform offering parking, FASTag, e-challan payment, car insurance, and other vehicle-related services.

Where is Park+ headquartered?

Park+ is headquartered in Gurugram, Haryana, India.

What is Park+'s business model?

Park+'s core value proposition centers on Simplifying the process of owning a car, One-stop app for car-related tasks, Fast, automated vehicle access for businesses.

How does Park+ make money?

Park+'s cited revenue streams include Sale of services (commissions, rentals, advertising, valet, parking), Sale of products, FASTag merchant discount rate (MDR).

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: inc42.com parkplus.io · Last verified 5 Sep 2026. · Report a correction