Parking Lot Operator Investment Opportunity in New Delhi, India
Parking software to help both parking seekers and parking operators to streamline their process.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 42 thousand |
| EBITDA Margin | 15 % |
| Industries | Parking Lot Operators + 1 more |
| Locations | New Delhi |
| Local Time | 8:43 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Partial Stake Sale
USD
350 thousand
for
23.0%
stake
(Native Currency: INR 30,000,000)
Reason: To build up the operations of the business and spend on marketing the product.
Includes physical assets worth
USD
5.8 thousand
Documents
ROC-Verification.pdf
(59.5 KB)
Business Overview
- We have developed two parking software apps for parking operators as well as users looking for parking.
- At present our parking operator application is live and we have tied up with 120 parking operators in 6 cities pan India.
- The application acts as a parking management tool and has features such as entry and exit management, cloud sync, live tracking of parking space and other similar management features.
- We generate revenue by charging these parking operators a subscription for using our services.
- Also have a user facing app that is currently in early access with features like parking spot details, parking availability, nearby parking lots.
- Have not marketed the user side app yet and currently have 150 users.
- Company's physical assets include furniture and furnishings.
- At present our parking operator application is live and we have tied up with 120 parking operators in 6 cities pan India.
- The application acts as a parking management tool and has features such as entry and exit management, cloud sync, live tracking of parking space and other similar management features.
- We generate revenue by charging these parking operators a subscription for using our services.
- Also have a user facing app that is currently in early access with features like parking spot details, parking availability, nearby parking lots.
- Have not marketed the user side app yet and currently have 150 users.
- Company's physical assets include furniture and furnishings.
Products & Services Overview
Mobile application allowing parking operators to manage their parking lots and users to find and register for parking.
Facilities Overview
Rented office in Delhi - NCR and Gurgaon.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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