India's First Parking Network. Parking portal which connects vehicle owners, parking providers and Retail outlets with parking and deals information. MAKE PARKING IN THE CITY – EASY AND CONVENIENT.
uPark offers real time parking information to motorists "On the Go". For the first time in India, users will be able to make parking reservations before they reach their destination. Integrated with SOLOMO model, users receive timely and location specific offers & deals from Retailers. Smart-cards enabled with NFC technology provide easy entry and exits on all paid parking places. Motorists can also earn free parking credits when they shop and use it to pay for parking. Network currently has facilitated 650K+ parkings and has 10K+ parking spots across Chennai, Bangalore & Trichy.
–$25B Parking industry (Globally); India $800M (CAGR 30%); 10% of the Indian market is organized; 120 Million Vehicles in India currently. Experts predict India to have 450M vehicles on road by 2020.