Dealflow | March 1, 2017

Get My Parking raises $1.1 million to ease traffic in India

ImpactAlpha
The team at

ImpactAlpha

Get My Parking has raised $1.1 million to ease traffic in India.

Get My Parking, based in New Delhi, works with governments and companies to digitize parking spaces and then connects drivers to open spots, easing traffic caused by cars circling for parking.

The year-and-a-half old startup raised more than a million dollars from Indian Angel Network, BEENEXT, The Chennai Angels, and Mr. Sunil Munjal of the Hero group to grow its company’s digital platform, which also manages parking payments and enforcement.

Get My Parking will use the funds to expand its pilots from Jaipur and Mumbai to six additional countries.

Photo credit: Maps of India