Home / Enterprise / Agile Parking Solutions raised a funding of $376k from Chennai Angel Investors
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Agile Parking Solutions raised a funding of $376k from Chennai Angel Investors

Agile Parking Solutions a New-Delhi based parking technology startup has raised a funding of $376k from The Chennai Angels, an Angel Investor Network.

IT was founded by Chirag Jain an alumunus of IIT Madras and Rasik Pansare an alumunus of FMS Delhi. The startup aims to solve the parking problems been rising in the city. The app helps the users to search, navigate and book the available parking space. The users get a bird’s eye view of all the legal parking spots with map locations, pricing, availability and few details which assures the parking with navigation and cashless payments.

With a team of 25 members, the startup has started their operations in Delhi. The users save a lot of time, energy and fuel, it further reduces the traffic and pollution by up to 30%. It gives better insights into the urban traffic landscape.

Chirag Jain Co-founder of the company said

“The exponential rise in demand for parking space is crippling the urban infrastructure and causing needless congestion. We believe only technology and data driven solutions can solve this chronic problem with efficient use of existing parking space,”

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Chirag Jain also said

“People are buying more vehicles today than ever before. The exponential rise in demand for parking space is crippling the urban infrastructure and causing needless congestion. We believe only technology and data driven solutions can solve this chronic problem with efficient use of existing parking space,”

Sudhir Rao of IndusAge Partners who led the investment from Chennai Angels said

“Automotive customers now seek real-time solutions and a triangulation of location, service aggregation, payments and community shared feedback to delight their personal journeys with. The GmP team is driving towards a platform to delight its customers. Within eight months of commercial operations, they are at the cusp of servicing over a million transactions a month in the NCR region alone,”

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