Blyp, India’s leading smart parking solutions company (earlier called ParkMate), has raised INR 50 lakh in a bridge funding round and was recently featured on Zee TV and ZEE5’s startup show IdeaBaaz.
The startup also appeared on the November 2 episode of ZEE5’s startup, where its co-founders showcased their tech-driven parking solutions designed to make city parking easier.
As part of its ongoing bridge round, Blyp received an additional ₹50 lakh investment from entrepreneur Sandesh Sharda.
The company had earlier raised funds in its pre-Series A round and continues to attract strong investor interest.
The new funds will be used to improve Blyp’s technology, expand its services to metro and tier-II cities, and bring in new clients from malls, corporate offices, and institutions.
“Being featured on IdeaBaaz is a proud moment for our entire team. It’s a platform that recognises innovation and entrepreneurial drive, and we’re thrilled to share how Blyp is changing the way India parks. With our new funding, we aim to accelerate our expansion and bring faster, more sustainable parking experiences to millions across the country,” said Dhananjaya Bharadwaj, Co-founder & CEO, Blyp.
“Our vision has always been to make parking effortless through technology. From tackling challenges like unavailability and manual payments to enabling digital-first ecosystems for corporates and smart cities — Blyp is creating impact at every level. This recognition and support will help us scale our mission faster and more effectively,” said Abhimanyu Singh co-founder, COO Blyp.
Blyp was founded in 2018 by Dhananjaya Bharadwaj and Abhimanyu Singh. It is an app-based platform that provides smart parking and valet services for residential, corporate, commercial, and public areas.
Through the Blyp app, users can easily book parking spots, use valet services, and make digital payments — all in one place.
Blyp currently operates in Delhi-NCR and a few smart city projects. It works with malls, residential societies, corporate parks, and commercial complexes to make parking management digital — from space allocation to access and payments.
The company competes with other parking platforms like Park+, Get My Parking, Secure Parking, and different municipal parking apps, along with its earlier brand, ParkMate.
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