ParkMate: The App That's Driving Away India's Parking Blues

ParkMate, a technology-enabled autotech startup, is shaking up the mad parking situation in India. Co-founded by Dhananjaya Bharadwaj and Abhimanyu Singh, ParkMate has smart, on-demand parking as its solution on its easy-to-use app. Equipped with features such as real-time information about parking slots, assigned valets, and GPS tracking, ParkMate strives to save car owners precious minutes and cut out anxiety. The company has attracted $1.2 million from recent funding, allowing it to expand to metro cities and join hands with sector giants. While cities struggle to cope with worsening congestion, ParkMate's artificial intelligence-based platform and services such as "Drop & Shop" hold promise for transforming parking solutions. But massive adoption and infrastructural issues continue to be issues in completely tackling India's parking problem.
Source: YourStory