Sequoia, Matrix Partners drive $11M funding round in Park+

Park+, which is looking to digitise parking across India, has raised $11 million led by Sequoia India & Matrix Partnets, Deep Kalra, Rajesh Magow, Ashish Hemrajani, Kunal Shah, Kunal Bahl & Rohit Bansal also participated in the round.

Park+ is a mobile app-based platform that offers an automated parking system as well as a cloud-based security solution for daily commuters, corporates, and commercial establishments. It provides real-time parking discovery, booking, payment and tracking.

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