With this capital infusion, the company is planning to scale its market share of cars from 6% to 15% in the next three quarters along with geographical expansion. INWhile the company started operations by providing parking services, it has widened its offerings after the Covid-19 pandemic. The startup has 800 employees, of which 50% are in sales and operations. Founded in 2019 by Amit Lakhotia, Park+ is an ecosystem that solves the daily challenges faced by car owners ranging from parking, FASTag management, car insurance, automated vehicle access control systems in malls, corporate parks and residential apartments.