Get My Parking raises Rs 43 crore
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New Delhi Mobility startup firm Get My Parkingon Thursday announced raising Rs 43 crores in a funding round led by IvyCap Ventures. Existing investor IAN Fund also participated in the funding round. "GMP (Get My Parking) has digitised over 3,000 parking lots across Europe, the US, and India. It will use the new funds to scale its IoT platform and extend its footprint in the US, LATAM, and Australia markets. "The startup also plans to use the capital for hiring and expanding its team, with a focus on engineering and product teams," it said in a statement. It has an open internet of things (IoT) platform. The company's technology helps in upgrading physical parking lots into digital mobility hubs with contactless access and cashless payments.
