ParkSmart, a B2B SaaS company, recently announced securing investment from Sin Growth Partners led by Hiro Mashita, Gruhas Proptech, and strategic angels including Rajveer Ranawat and Ameet Desai.With this infusion of funds, ParkSmart is poised to strengthen its presence in India’s smart parking solutions market without exaggerating its position.Rahul Gupta, CEO of ParkSmart, expressed gratitude for the support received from investors, highlighting the company’s commitment to revolutionizing parking solutions.ParkSmart currently operates in seven states, serving over 300 Residential Societies, 2 Smart Cities, and 1 Airport, managing a significant volume of vehicles and generating substantial parking revenue annually.Richa Bajpai, Founder of Campus Fund, acknowledged the support of investors including Nikhil Kamath and Abhijeet Pai of Gruhas, emphasizing their contribution to empowering student entrepreneurs.About ParkSmart:ParkSmart, founded by Rahul Gupta, Rishabh Nagpal, Vishva Sharma, Prateek Garg, and Ratan Anmol Sethi, aims to digitize parking spaces across various domains, offering comprehensive solutions for Parking Flow Management, Revenue Analytics, and Security Tools.
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By Proptechbuzz
By Ravi Kumar
