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Amit Lakhotia

Founder at Park+

Amit Lakhotia is the Founder and CEO of Park+, a company he launched in 2019 to address car-related needs and parking challenges in India.12 With extensive experience in the tech industry, Lakhotia previously played key roles in building Paytm's wallet business and worked with companies like Makemytrip and Tokopedia.1

Park+ started as an app to help find parking spots but has since expanded its offerings to include services such as:

  • Smart parking solutions
  • FASTag transactions
  • Vehicle challan management
  • Doorstep car wash
  • Car insurance facilitation2

Under Lakhotia's leadership, Park+ has grown significantly:

  • It's now operational in over 25 cities in India4
  • Claims to be the largest FASTag distributor in the country4
  • Raised $52 million in funding, with a valuation of $340 million as of January 202312

Lakhotia is known for his problem-solving approach and vision to enhance the car ownership experience in India.3 He continues to be actively involved in the startup ecosystem, identifying opportunities to mentor or invest in promising ventures.5

Highlights

Apr 22 · linkedin

It was a proud moment for Park+ to host the senior executive team of Tata Motors for the whole day at its Gurgaon office.

We teamed up to strategize and attempt to unravel the minds of Indian car owners. Additionally the confluence of ideas acted as a catalyst in igniting conversations on how marquee auto OEM's (like TATA Motors) and young/agile startups like us can come together to achieve & deliver customer delight to all Indian car owners.

Thank you Indian Institute of Management Ahmedabad, Saral Mukherjee and Amit Karna for helping facilitate the same!

Feb 17 · linkedin

Unimaginable! What a time to be in India!

Western world leaders are thanking an Indian company for creating jobs in their countries!

Economy moves the world!

https://lnkd.in/d8baPv77

Related Questions

What inspired Amit Lakhotia to transition from fintech to parking solutions?
How has Park+ evolved since its founding in 2019?
What are the key features of Park+'s smart parking solutions?
How does Park+ differentiate itself from competitors like ParkMate and LetsPark?
What are the main challenges Amit Lakhotia has faced while building Park+?
Amit Lakhotia
Amit Lakhotia, photo 1
Amit Lakhotia, photo 2
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Location

West Delhi, Delhi, India