Indian parking app Park+ raises $11m led by Sequoia, Matrix Partners

Photo: Unsplash

Park+, a startup focused on digitising parking across India, has raised $11 million in a funding round co-led by venture capital firms Sequoia Capital and Matrix Partners India, per an announcement.

The funding round also saw participation from MakeMyTrip founder Deep Kalra and cofounder Rajesh Magow, BookMyShow founder and CEO Ashish Hemrajani, CRED founder Kunal Shah, Snapdeal cofounders Kunal Bahl, and Rohit Bansal among others.

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