India: Parking solutions platform Park+ raises $25m co-led by Sequoia, Matrix

Photo: Reuters

Parking solutions platform Park+ has raised $25 million as part of its Series B funding round led by Sequoia Capital India, Matrix Partners India, and Epiq Capital.

Existing and new investors, including AdvantEdge, Fund II, and Motherson Lease Solution Ltd, also participated in the round, which values Park+ at roughly $160 million.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter