Parking solutions startup Park+ passed a resolution on Friday to raise over $16 million in Series C round led by Eqip Capital II, according to Ministry of Corporate Affairs filings.
Park+ provides B2B (business-to-business) establishments and daily commuters with smart, cloud-based automated parking systems.The funds will be used to expand the company’s operations. Park+ recently partnered with Mooving, a provider of battery swapping services. It intends to establish over 2,000 swapping stations in Delhi NCR, Mumbai, and Bengaluru.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Parking solutions startup Park+ passed a resolution on Friday to raise over $16 million in Series C round led by Eqip Capital II, according to Ministry of Corporate Affairs filings.
Park+ provides B2B (business-to-business) establishments and daily commuters with smart, cloud-based automated parking systems.The funds will be used to expand the company’s operations. Park+ recently partnered with Mooving, a provider of battery swapping services. It intends to establish over 2,000 swapping stations in Delhi NCR, Mumbai, and Bengaluru.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
