Park+ Secures $54M in Series C Funding to Enhance Car Ownership Experience

We are thrilled to announce that Park+ has successfully raised $54 million in a recent funding round, a significant milestone that will propel our mission of transforming the car ownership experience in India. At Park+, we believe that owning a car should be a delight, not a source of stress. By addressing the daily challenges faced by car owners—such as finding parking, tracking challans, managing FASTag recharges, scheduling car cleaning, and overseeing maintenance—we are redefining the entire car ownership ecosystem. With this fresh funding, we aim to further innovate our platform, enhancing our services and expanding our reach to accommodate the ever-growing community of car owners. Currently, we proudly host the largest network of car owners in India, with over 1 crore cars on our platform. The capital raised will be channeled into expanding our technology infrastructure, developing new solutions, and enhancing user experiences—all to ensure that every car owner's journey is seamless and enjoyable. As we step into this exciting phase of growth, we are committed to building upon our strong foundation and driving significant advancements in our offerings. With this support, we're not just helping car owners navigate their daily challenges; we're inviting them to rediscover the joy of car ownership. Stay tuned as we roll out new features and services that will make Park+ the ultimate companion for every car owner in India!