Kolkata-Based Parkobot Launches AI and IoT-Powered Platform to Decongest Cities Worldwide

Kolkata | June 30, 2026:

Highlights

  • Platform: Combines proprietary IoT hardware with an intelligent mobile platform tailored for Indian parking realities.
  • App Features: Users can pre-book and reserve private parking spaces equipped with IoT-enabled locks ensuring access only to authorized users.
  • Pricing: Introductory pricing at ₹10 per hour via subscription packs (₹2999/month for 300 hours).
  • Expansion: Onboarding 30,000 parking spaces across five major metropolitan cities.
  • Growth Target: Aiming for ₹20 crore ARR by FY27.

Launch Announcement
Parkobot, a Kolkata-based mobility technology startup, has launched its integrated smart parking platform combining proprietary IoT hardware, intelligent cloud software, and a consumer mobile application.

The platform is built on the belief that India’s parking challenge is one of access and utilization, not land shortage. Parkobot enables property owners, institutions, and commercial establishments to transform underutilized parking spaces into digitally discoverable, bookable, and revenue-generating assets.

Technology & Ecosystem
Unlike conventional solutions focusing only on software or hardware, Parkobot offers an end-to-end ecosystem comprising:

  • IoT-enabled parking devices.
  • Mobile applications.
  • Cloud-based management systems.
  • Digital payments.
  • Reservation capabilities.
  • Access control technologies.

Engineered for India’s unique challenges:

  • Fragmented ownership.
  • Mixed-use properties.
  • Fluctuating demand patterns.
  • Lack of organized infrastructure.

Current Operations & Expansion

  • Managing 1,600 parking spots in Kolkata, activating another 4,000 spaces.
  • Adding 30,000 spaces pan-India, with presence in 10 cities including Bengaluru, Chennai, Mumbai, Delhi, and Hyderabad.
  • Expansion strategy includes scaling operations across Hyderabad, Chennai, Bengaluru, and Mumbai within 12 months.

Funding & Growth

  • Raised ₹2.09 crore from Inflection Point Ventures (IPV) and HNIs.
  • Targeting ₹20 crore ARR by FY27.

User Benefits

  • Affordable parking at ₹10/hour via subscription packs.
  • Time of Day (TOD) model allows owners to generate passive income by sharing unused spaces.
  • In-app indoor navigation improves user experience by guiding drivers to designated spots.

Key Locations in Kolkata
Accessible parking now available at:

  • Park Street.
  • Poddar Court.
  • La Martiniere.
  • Passport Office.
  • Diamond Plaza.

Amrit Choudhury, Founder & CEO, Parkobot: “India’s urban centres face a mismatch between rising vehicle ownership and organized parking availability. Millions of spaces remain underutilized while motorists struggle. Parkobot bridges this gap by transforming underutilized spaces into smart, revenue-generating assets. Our launch in Kolkata is the beginning of a larger vision to create a networked parking infrastructure that enables users to seamlessly discover, pre-reserve, and pay for parking spots, while allowing property owners to unlock value from unused assets.”

About Parkobot
Parkobot is a mobility technology startup redefining urban parking through AI and IoT-powered solutions. By integrating IoT-enabled locks, mobile apps, cloud systems, and digital payments, Parkobot creates a shared access platform that reduces congestion, improves affordability, and enhances user experience.

Hot this week

MedTech Startup Bioscan Research Raises $1 Million in Seed Round Led by Unicorn India Ventures

The funds will be used for market expansion, regulatory approvals, product upgrades, and IP creation. Having achieved 5x growth in the last 12 months, Bioscan aims for 3x growth in the next year, expanding across India and international markets.

TPV Launches Philips Audio on JioMart and Zepto, Marking Brand’s Entry into Quick Commerce in India

This milestone strengthens Philips Audio’s omnichannel presence, complementing availability on Flipkart, Amazon, and offline retail.

GrowthX Unveils GO Office Workspaces, Invests Over ₹8.6 Crore to Launch 1,200-Seat Managed Office Hub

The launch aligns with India’s booming flex workspace market, projected to reach 100M sq. ft. by 2027, driven by enterprise demand and GCC expansion.

BikeWo Partners with Yubhas Renewables to Advance Solar-Assisted EVs for Rural Last-Mile Mobility

Beyond technology validation, the partnership aims to create a rural entrepreneurship ecosystem, training youth in operations, maintenance, and business management to become owner-operators.

Quick Clean Secures INR 133 Crore in Series B Funding to Expand Its On-Premise Laundry Infrastructure Across India and International Markets

The fresh capital will accelerate expansion to 500+ facilities across India, strengthen AI-led operations, automation, and sustainability technologies, and support entry into Southeast Asia and the Middle East.

Topics

MedTech Startup Bioscan Research Raises $1 Million in Seed Round Led by Unicorn India Ventures

The funds will be used for market expansion, regulatory approvals, product upgrades, and IP creation. Having achieved 5x growth in the last 12 months, Bioscan aims for 3x growth in the next year, expanding across India and international markets.

TPV Launches Philips Audio on JioMart and Zepto, Marking Brand’s Entry into Quick Commerce in India

This milestone strengthens Philips Audio’s omnichannel presence, complementing availability on Flipkart, Amazon, and offline retail.

GrowthX Unveils GO Office Workspaces, Invests Over ₹8.6 Crore to Launch 1,200-Seat Managed Office Hub

The launch aligns with India’s booming flex workspace market, projected to reach 100M sq. ft. by 2027, driven by enterprise demand and GCC expansion.

BikeWo Partners with Yubhas Renewables to Advance Solar-Assisted EVs for Rural Last-Mile Mobility

Beyond technology validation, the partnership aims to create a rural entrepreneurship ecosystem, training youth in operations, maintenance, and business management to become owner-operators.

Quick Clean Secures INR 133 Crore in Series B Funding to Expand Its On-Premise Laundry Infrastructure Across India and International Markets

The fresh capital will accelerate expansion to 500+ facilities across India, strengthen AI-led operations, automation, and sustainability technologies, and support entry into Southeast Asia and the Middle East.

National AI Appreciation Day 2026: What It Means for Indian Entrepreneurs and Startups

National AI Appreciation Day 2026 highlights India’s AI ecosystem growth and responsibility.

PHDCCI Hosts ‘SEMICONDUCTOR INDIA 2026’ to Accelerate India’s Journey Towards Semiconductor Sovereignty

The event convened senior officials from MeitY, ESSCI, NIELIT, industry leaders, academia, MSMEs, startups, and technology experts to deliberate on strengthening India’s semiconductor ecosystem through policy, manufacturing, innovation, skilling, and collaboration.

17th Edition of the Social Entrepreneur of the Year (SEOY) India Award Shortlists Five Finalists Driving Social Change Across India

Selected from 208 applications, the finalists represent innovations in climate technology, healthcare, livelihoods, agriculture, and inclusion.
spot_img

Related Articles

Popular Categories

spot_imgspot_img