At MahaKumbh 2025, it managed over 5 lakh vehicles across 30+ zones using its AI-powered parking system, reducing wait times by 91% and enabling FASTag payments for over half the users. In cities like Varanasi, Kochi, and Agra, Park+ has deployed RFID and ANPR-based vehicle access systems in residential and commercial spaces, aimed at reducing manual checks and enhancing security.
Its review platform, Park+ Reviews, now hosts over 5 lakh user-generated car reviews, positioning itself as a structured alternative to informal purchase advice.
In FY24, Park+ posted Rs 131 Cr in revenue. Its access control business spanning 15,000+ locations and processing over 2 crore daily barrier movements anchors its monetisation strategy as it broadens into services like FASTag, valet, insurance, and car reselling through partnerships with Tata AIG, Cars24, and Spinny.
On more applications and use cases for Park+, Amit Lakhotia, Founder & CEO, said – “Our partnership with IOCL has also made us the largest online fuel distributor in India. People use our app daily to purchase fuel, either for personal use, reimbursement, or to manage driver expenses. It eliminates the need for paper bills and keeps things streamlined. We’ve also become the leading platform for checking traffic challans online.