blyp, a smart parking solutions provider (formerly known as ParkMate), has raised ₹50 lakh from entrepreneur Sandesh Sharda on Zee TV and ZEE5’s entrepreneurship platform, IdeaBaaz, as part of the current bridge round following its pre-Series A funding.
The fresh funds raised will be used to strengthen its technology stack, expand its presence across metro and tier-2 cities, and onboard more malls, corporates and institutional clients.
The brand was showcased on the episode aired on November 2, where its co-founders spoke about its parking solutions for urban users. Blyp was earlier known as ParkMate.
During the episode, the founders unveiled how blyp is solving one of India’s most persistent challenges — the lack of efficient, safe, and seamless parking — through its quick parking app, which enables users to park their cars in just 02 minutes.
Dhananjaya Bharadwaj, Co-founder & CEO, Blyp, said, “Being featured on IdeaBaaz is a proud moment for our entire team. It’s a platform that recognizes 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 experience to millions of car owners across India.”
Abhimanyu Singh, Co-founder & COO, Blyp, said, “Our vision has always been to make parking effortless through technology. From tackling everyday challenges like unavailability and manual payments to enabling digital-first parking 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.”
Founded in 2021 by Abhimanyu Singh and Dhananjaya Bharadwaj as Parkmate, Blyp offers smart parking solutions to shopping malls, office complexes, and hotels in the corporate segment and to parking contractors for government parking spaces.
With its growing presence across Delhi NCR and multiple smart cities, blyp continues to lead India’s transition towards intelligent, paperless, and app-based parking solutions, ensuring speed, safety and simplicity for both users and businesses.
In January 2025, Blyp raised $1.2 million in a funding round led by Cactus Partners (CPL) with participation from investors Venture Catalysts and the Marwah Group Family Office.
