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Chennai Angels invests Rs 2.5 cr in parking technology start-up Agile Parking

StartUp founded by alumnus of IIT Madras and FMS Delhi

T E Narasimhan  |  Chennai 

Chennai Angels invests Rs 2.5 cr in parking technology start-up Agile Parking

(TCA) today announced an investment of Rs 2.5 crore in Private Limited (Get My Parking), engaged in parking technology which digitises parking industry.

Sudhir Rao of led the investment from

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", said Rao.

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The 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." said Chirag Jain of Private Limited,

Agile Parking Solutions, known by the brand name (GmP), is a New Delhi-based founded by Chirag Jain and Rasik Pansare, who are alumnus of and respectively.

It is using an approach to solve the rising parking problems and creates cloud based mobile parking technology which makes real time parking information accessible for both, the supply and demand side.

A 25-member 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 metropolitan area.

First Published: Mon, May 02 2016. 13:00 IST