Company Intelligence Profile
Parkmate Smart Parking Solutions Private Limited
ParkMate is a DPIIT-recognised smart-parking-solutions startup ("You drive, We park") offering valet parking and its flagship "Drop & Shop" (DaSH) service — professional valets park customer vehicles at shopping malls, office complexes, hotels and government parking spaces, recallable via app.
Last updated 17 August 2026
ParkMate Smart Parking Solutions Private Limited is a DPIIT-recognized startup that provides smart parking services, including valet parking and its flagship "Drop & Shop" service, which allows professional valets to park and retrieve vehicles via an app. The company reported a revenue of ₹5.29 crore in FY2025, growing by 221% year-on-year, and raised $1.2 million in a funding round led by Cactus Partners in 2024.
Compiled from MCA filings and other public records. Figures may lag the latest filing; verify against the detailed sections below.
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Company Identity
| Registered name | Parkmate Smart Parking Solutions Private Limited |
|---|---|
| CIN | U63120UP2021PTC149357 |
| PAN | AAMCP1574F (derived from GSTIN 09AAMCP1574F1Z6, KnowYourGST individual GSTIN page) — not independently confirmed on a company-profile page, so treated as partial |
| Status | Active (compliant), Unlisted Private Limited Company |
| Listing | Unlisted (private company; no listed securities) |
| Incorporated | 23 July 2021 |
| ROC | RoC Kanpur |
| Sector (NIC) | Conflicting classifications across sources: Tofler shows "Supporting and auxiliary transport activities, activities of travel agencies" (NIC 63120-family) |
| Registered address |
|
| Authorized capital | ₹2.0–2.03 Lakh |
| Paid-up capital | ₹33,030 vs ₹34,800 — source conflict on exact paid-up capital figure, both in same broad range; not reconciled |
Business Overview
- ParkMate is a DPIIT-recognised smart-parking-solutions startup ("You drive, We park") offering valet parking and its flagship "Drop & Shop" (DaSH) service — professional valets park customer vehicles at shopping malls, office complexes, hotels and government parking spaces, recallable via app
- Tech stack includes Hybrid FASTag-ANPR (camera-based license-plate recognition) and QR-based navigation for locating vehicles/spots
- Live in Karol Bagh, Connaught Place, Sarojini Nagar, Lajpat Nagar (Delhi) and Hazrat Ganj (Lucknow), with stated expansion plans to Hyderabad, Mumbai and Bengaluru
- Named clients/partners per press coverage: DLF, Phoenix Mills, Fun Republic, and government partnerships with Uttar Pradesh and Telangana
- Founders: Abhimanyu Singh and Dhananjaya Bhardwaj
- Website: parkmate.in
Directors
Current directors (TheCompanyCheck, Tofler): Abhimanyu Singh (Director, appointed 5 Aug 2023; also co-founder/COO per LinkedIn; DIN not obtained from a registry source in this pass) and Dhananjaya Bhardwaj (Director, appointed 23 May 2023; DIN 10164576 per Tofler — single-sourced, not cross-verified on a second registry page, so treated as partial). 3 former directors are noted by TheCompanyCheck as having served but their names/DINs were paywalled ("not obtained").
GST Registrations
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 09AAMCP1574F1Z6 | Uttar Pradesh | AAMCP1574F (derived from GSTIN 09AAMCP1574F1Z6, KnowYourGST individual GSTIN page) — not independently confirmed on a company-profile page, so treated as partial | Active |
Primary GSTIN: 09AAMCP1574F1Z6 (KnowYourGST individual GSTIN page + corroborated by Bing-indexed piceapp.com/fnshiftsolutions.com snippets) — state code 09 = Uttar Pradesh (home state, consistent with Moradabad/UP registered office). Registration date: 07 May 2022. Status: Active/Regular, Entity type Private Limited Company, jurisdiction "Moradabad Sector-5, UP1779 / Range Moradabad-I". PAN embedded: AAMCP1574F. Number of registrations: only 1 GSTIN identified (Uttar Pradesh); no evidence found of registrations in other states — "not obtained" beyond this one.
Financials
- FY2025 (year ended 31 Mar 2025), standalone, per TheCompanyCheck: Revenue ₹5.29 Cr, stated as +221% YoY. Tofler's financial-trends page (paywalled for absolute figures) instead shows for the same period: Revenue YoY −6.49%, EBITDA YoY −6.6%, PAT YoY +190.59%, Net worth YoY −7.96%, Total borrowings YoY +47.15% — this conflicts directionally with TheCompanyCheck's revenue-growth figure; likely different base-year comparisons or metric definitions between the two paid platforms, not reconciled here
- EBITDA, PAT, net worth and borrowings absolute values: not obtained (paywalled on both platforms)
- No open charges/secured borrowings registered with RoC
- Auditor: Yogesh Bathija & Co
Funding
- Two funding events found, corroborated by multiple independent outlets: (1) Seed round, Sep 2022, led by We Founder Circle (WFC) via its EvolveX accelerator — amount undisclosed (Startup Story, VIESTORIES, Venture Intelligence, Entrepreneur India all concur)
- (2) $1.2 million round led by Cactus Partners (early growth-stage VC), announced ~27–29 Nov 2024, with participation from existing investors Venture Catalysts and Marwah Group Family Office (Startup Story, infomance.com, foundlanes.com concur on amount/lead investor)
- Cactus Partners' own portfolio page (cactuspartners.in) confirms the relationship but states "Partnered in 2025" without disclosing the amount — a minor date discrepancy (2024 news vs. 2025 portfolio-page label) not reconciled
- Per Cactus Partners, this was its 8th deal since Jan 2021
Charges / Loans
- None
- TheCompanyCheck and Tofler both explicitly state the company has no open charges/secured borrowings registered with the Registrar of Companies
Competitors
Frequently Asked Questions
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