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Parkwheels, operated by Gurugram-based Ovunque Innovations Pvt. Ltd, claims that users can use its RFID (radio-frequency identification) to park their vehicles. Their RFID system consists of a sensor placed at the entry and exit of a building and a Parkwheels tag is pasted on the windscreen of user's car. Additionally, for office buildings and malls, the company runs its service on Android and iOS apps, which helps people find real-time parking availability and pay parking charges on the go. Besides parking, Parkwheels also offers a security solution, as the firm's cloud-based technology keeps track of the entry and exit of all the vehicles and visitors. The complete data can be accessed using a dashboard provided to the management authority. In September 2018, the startup raised Rs 1.2 crore (around $160,000 at current exchange rates) in a seed round of funding.
Legal Name
:
Parkwheels, Inc.
Headquarters
:
Gurgaon, Haryana, India
Founding Date
:
2015
No. of Employees
:
21 to 40
Core Team
:
1.
Dhananjay Rathore
Co-Founder & CEO
2.
Sumit Jain
Co-Founder & CTO
Total Funding
$12.0M
Investors
:
1.
Sonit Singh
2.
Anchit Lakhotiya
3.
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