- Parkobot is the world’s first startup to create an “Airbnb for personal parking” utilizing an IoT-enabled parking area barrier that works with Parkobot cell app.
- The funds will likely be used to scale infrastructure, enter new markets, improve backend operations, and diversify the product portfolio.
- Parkobot is efficiently managing over 20,000 bookings per 30 days on the Parkobot platform.
- Thus far, Inflection Level Ventures has invested over INR 800 Cr throughout 220+ startups.
Kolkata, seventeenth July 2025 – Parkobot the world’s first “Airbnb for parking” powered by IoT good Parking House Barrier has raised INR 2.09 Crores in seed spherical led by Inflection Level Ventures, certainly one of India’s largest angel investing platforms.
The spherical additionally noticed participation from HNIs. The funds will likely be utilized to increase infrastructure, attain further markets, strengthen backend and enhance product portfolio.
Since its founding, Parkobot has made its mark because the world’s first startup to launch an “Airbnb for personal parking” which makes it an revolutionary platform powered by an IoT-enabled parking area barrier.
With a mission to redefine city mobility and area utilization, Parkobot has made it doable for its house owners to monetize unused non-public parking areas on an hourly foundation, which in flip offers real-time, location-based reserving by means of a wise, built-in cell app.
The energy of this platform is its fully in-house tech stack, horizontally and vertically scalable IoT units, and good automation options producing efficiencies to reinforce parking and generate revenues.
Mitesh Shah, Co-Founder, IPV says, “City parking is a large problem dealing with right this moment’s cities. Poor planning and lack of correct parking areas result in encroachment on roads, unlawful parking and congestion.
Nonetheless, Parkobot is driving the change by bringing in know-how and good parking methods that present real-time availability of parking areas and making underutilized non-public parking areas accessible to the general public.”
Parkobot operates in a quickly rising market, with a worldwide Complete Addressable Market (TAM) of $114 billion and an Indian TAM of $9.5 billion, increasing at a CAGR of 6.5%. At the moment in stealth mode, the startup has already deployed high-traffic parking spots at key areas, laying the groundwork for scale.
Founding father of Parkobot, Amrit Choudhury says, “Parkobot envisions decongesting India’s streets by using underutilized non-public parking areas, remodeling them into revenue-generating belongings by way of our IoT-enabled Parkobot barrier & app. Our purpose is to create cleaner skies, much less site visitors congestion, and seamless city mobility for all.”
With over 20,000 month-to-month bookings, Parkobot leverages its proprietary Parking Administration System (PMS), that includes good growth limitations and unique pre-booking to spice up parking income and cut back guide intervention.
With no direct international opponents in IoT-enabled parking monetization, Parkobot is uniquely positioned to transform underutilized parking areas into good, revenue-generating belongings.
About Parkobot
Parkobot was based by Amrit Choudhury, Raj Kumar Bihani, and Animesh Mukherjee. It’s an IoT-powered parking area barrier and digital platform that permits people to safe and monetize their non-public parking spots by renting them out on an hourly foundation.
By optimizing parking availability, Parkobot actively reduces city congestion and environmental influence. For extra particulars www.parkobot.com
About Inflection Level Ventures and Physis Capital
Inflection Level Ventures (IPV) is an angel investing platform with over 24,000+ CXOs, HNIs, and Professionals to collectively put money into startups. The agency helps new-age entrepreneurs by offering them with financial and experiential capital and connecting them with a various group of buyers.
IPV has launched a $50 Mn CAT 2 VC fund, Physis Capital, to put money into Pre-Sequence A to Sequence B growth-stage start-ups. The fund has already deployed capital in six startups to date, with a number of offers in superior phases of pipeline.
Disclaimer:- This story has not been edited by SugerMint employees and supplied by the company. SugerMint is not going to be accountable in any means for the content material of this story.
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