ParkQwik Raised Pre-Seed Funding: Stepping Stone to South East Asian Expansion

New Delhi (India), June 7: ParkQwik, an innovative parking solutions platform founded by Arun Kumar, is set to disrupt the industry with its commitment to transforming the urban mobility experience. By addressing current pain points faced by drivers, such as locating parking lots and garages and dealing with electric vehicle (EV) parking, ParkQwik is filling a significant gap in the market.

One of the standout features of this game-changing platform is its focus on supporting the EV revolution. In partnership with Plugzmart, ParkQwik plans to set up 10,000 EV charging stations in 30 cities over the next three years. This initiative not only aids EV owners but also supports charger owners in running their businesses hassle-free by allowing them to onboard their EV parking spaces onto the ParkQwik platform.

Additionally, ParkQwik offers the opportunity for property owners to create their own brand of EV charger on their parking space by collaborating with TelioEv offering 2 months free subscription to their cms to build customers own ev brand applications, helping them to generate additional income from unused spaces.

ParkQwik’s ambitions go beyond parking solutions. The platform aims to be a comprehensive superapp for car and bike users, providing a range of services from car washes and Fastag to road trip assistance. The platform’s vendor network is extensive, covering 16,591 locations across India with 7,837 vendors. Notably, ParkQwik is targeting eight major highways, which collectively encompass 335 cities, leveraging a network of over 2,000 commercial vendors spread across 49 states with the guidance of their lead investor and Chief Strategy Officer, Mr. Krishnamani Kannan, who also aided in its incorporation, has secured prominent investment from Singapore and plans to extend its operations to other South East Asian countries.