Smart parking solution provider blyp raises funding in bridge round

blyp, India’s leading smart parking solutions provider (formerly known as ParkMate), has raised Rs 1.5 crore in a bridge round and featured on Zee TV and ZEE5’s startup show IdeaBaaz. 

Blyp was featured on the November 2 episode of ZEE5’s startup show IdeaBaaz, where its co-founders presented their smart parking solutions for urban users. 

The company has also raised ₹50 lakh from entrepreneur Sandesh Sharda as part of its current bridge round following its pre-Series A funding.

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The funds raised will be used to enhance Blyp’s technology, expand operations to metro and tier-II cities, and onboard new clients across malls, corporates, 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.

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About Blyp 

Founded in 2018 by Dhananjaya Bharadwaj and Abhimanyu Singh, Blyp is an app-based platform offering smart parking and valet solutions across residential, corporate, commercial and public spaces. Users can book parking spots, access valet services and make digital payments seamlessly through the app.

Currently active in Delhi-NCR and select smart city projects, Blyp partners with malls, RWAs, corporate parks, and commercial complexes to digitize parking allocation, access, and payments.

The company competes with platforms like Park+, Get My Parking, Secure Parking, and various municipal parking apps, as well as its own legacy brand ParkMate.

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