Funding · Mobility & Logistics

Get My Parking raises Rs 40 crore extended Series A

By Startup Enthusiast · 6 August 2026

What they do

Get My Parking provides AI and IoT powered parking management for operators

It raised Rs 40 crore in an extended Series A round led by existing investor IvyCap Ventures

The company's valuation rose to Rs 375 crore, and it has raised over $12.5 million to date

Get My Parking is raising Rs 40 crore (about $4.21 million) in an extended Series A round.
The round is led by existing investor IvyCap Ventures.
The company's board passed a resolution to issue 7,261 Series A3 CCPS at Rs 55,088 each.
The valuation is approximately Rs 375 crore, up from Rs 335 crore in the previous round.
Proceeds will be used to fund business operations.
IvyCap Ventures' stake after the investment will be 31.43%, making it the largest external shareholder.

The company's FY25 operating revenue was Rs 36.04 crore, growing 22.6% year-on-year.
However, FY25 losses widened 66.2% to Rs 10.87 crore.
FY26 financial statements have not yet been filed.
The company has raised over $12.5 million to date.

Get My Parking provides AI and IoT powered parking management solutions for operators.
Its products include AVA Agents, an AI team for the parking journey.
It offers AI PARCS, which digitizes parking with a white-labeled app, automated access, and payments.
ExpressLane AI PARCS modernizes parking access and revenue control.
The Plug & Play GateKit retrofits existing gates, saving up to 90% on CapEx.
The platform has 75+ integrations.
It has partnerships with APCOA (Europe's largest parking operator), ParkTrans (US smart city provider), and Mercedes-Benz Research and Development India.