Get My Parking

Get My Parking  specializes in innovative AI-driven parking management solutions, enhancing efficiency and accuracy in the parking ecosystem for various stakeholders. Founded in 2015 and headquartered in New Delhi, India, Agile Parking Solutions Pvt. Ltd. provides advanced parking management solutions.

The company has secured funding through five deals, with the most recent deal taking place on May 27, 2021, where it raised INR 313. 5 million led by IvyCap Ventures and IAN Fund. The founders, Chirag Jain and Rasik Pansare, have established a company that focuses on digitizing the parking experience globally, with a current valuation of INR 1842. 093 million and total funding of INR 313.

5 million. Agile Parking Solutions, through its brand Get My Parking (GMP), offers a comprehensive suite of ticketless AI parking management solutions. Their core product, GMP AI, provides up to 99. 8% accuracy in license plate recognition (LPR) and automates parking processes such as entry and payment, integrating with existing technologies.

GMP serves a global clientele, including municipalities and private operators across the United States, Europe, and India, with additional products like the Plug & Play GateKit designed to enhance legacy systems without significant hardware investment. For the most recent year 2023, Agile Parking Solutions reported a revenue of INR 2,147,302. 50 and an EBITDA of INR -1,618,307. 70, reflecting the financial dynamics of its operations and strategic investments in growth.

Following its funding round on May 27, 2021, Agile Parking Solutions intends to utilize the raised INR 313. 5 million to further digitize the global parking industry. The company plans to expand its product offerings and enhance its technological capabilities, aiming to penetrate new markets beyond its current operations in India and select regions of the United States and Europe. This strategic direction is set to establish a more robust presence in the international parking management sector.