The Chennai Angels is proud to announce an investment of Rs 2.5 Cr. in a Delhi based startup – GetMyParking (www.facebook.com/getmyparking). GetMyParking is an Urban Digital Infrastructure startup building Smart Parking systems for City Management, Parking contractors, and Consumers. GetMyParking has scaled to Over 1 Million parking bookings within 200 days of operations. With a long term strategic goal of building a digital infrastructure for automobiles around utility and creating a space for n=1 marketing of highly customized deals, offerings, and products, GetMyParking is growing phenomenally.
Get My Parking (GmP), the brand name of Agile Parking Solutions Private Limited, is a New Delhi-based StartUp founded by Chirag Jain and Rasik Pansare, who are an alumnus of IIT Madras and FMS Delhi respectively. It is using an innovative approach to solving the rising parking problems by creating cloud-based mobile parking technology which makes real-time parking information accessible for both, the supply and demand side. The 25 member strong team has already begun the parking revolution in the capital region and will soon change the way motorists drive and park in the majority of the metropolitan area. Its mobile app empowers self-driving users to search, book and navigate to parking hassle-free. They can simply access a bird’s eye view of all the legal parking lots with map locations, availability, pricing and other details and get assured parking with cashless payment and navigation. It saves the user time, fuel and energy and reduces urban traffic congestion and consequent pollution by up to 30%. Their data-centric approach gives them insights into the urban transport landscape which can be utilized in better urban policy making and efficient infrastructural use for smart cities.
“Nurturing a startup to focus on its execution and tightening the parameters that we need to deliver on, in the first and each 100 day period, has given us great clarity and allowed us to break into orbits that differentiate us in the marketplace. The best part about The Chennai Angels is that it provides you a platform to pitch to over 30 investors coming from varied backgrounds, at once. This helped us in saving a lot of time which would have been wasted in syndication.” says Chirag Jain.