Parkmate

Mobility & Smart City

Founded by

Dhananjaya Bharadwaj

Milestones

Partnered in 2025

Visit

About

Parkmate

ParkMate is a smart parking platform transforming how India parks with real-time valet, Drop & Shop, and automated parking solutions. Founded in 2021, it combines technologies like FASTag, ANPR, GPS tracking, and 360° vehicle imaging to deliver secure, seamless, and app-based parking experiences. With operations across multiple cities, ParkMate is making urban mobility more efficient, eco-friendly, and hassle-free.

Founders

Why we invested

ParkMate’s founding team—Dhananjaya Bharadwaj and Abhimanyu Singh—brings a powerful blend of discipline, analytical rigour, and strong operational and financial expertise, giving them a deep understanding of the sector’s challenges and the opportunities for transformation. Their clarity of thought and ability to articulate the problem, the market gaps, and the roadmap for scale reinforced our conviction in their capability to execute. ...

The Indian parking sector presents a substantial opportunity, with a large base of vehicle owners and a clear need for technology-led modernization.

Conversations with industry stakeholders highlighted a sector on the cusp of digital disruption, creating strong tailwinds for a solution like ParkMate. Equally important, customer references consistently praised the founders for their innovation, customer-centric mindset, and seamless implementation, along with their willingness to expand engagement. With its strong founding team, clear problem-solution fit, large addressable market, and compelling feedback from early customers, ParkMate is well positioned to become a transformative player in the parking ecosystem.

Read More

You Steer.
We fuel the wings.

Post Series-A to International Expansion