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

AIC-RNTU Foundation Launches SHEvolution 2026 – A 10-Week Pre-Incubation Program for Idea-Stage Women Entrepreneurs

The program offers live workshops, one-on-one mentorship, legal/IPR guidance, HR and marketing support, and pitch training to help founders develop viable MVPs.

Fashion and Lifestyle Brand SNITCH Acquires Berrylush, Marks Strategic Entry into Women’s Fashion

Berrylush will continue to operate under its existing brand identity while leveraging SNITCH’s expertise in product innovation, technology, supply chain, marketing, and omnichannel retail.

Wow! Momo Presents Tigers’ Pitch – Bengal’s First Startup Reality Show

Airing on Zee 24 Ghanta from July 25, the show features 27 startups competing for mentorship, national visibility, and a record ₹48.98 crore in expected investments. More than a show, Tigers’ Pitch aims to build a long‑term entrepreneurial movement and position Bengal as India’s next startup powerhouse.

The Future of India’s Defence Lies in AI

AI is redefining India’s defence. From autonomous drones to secure communication, discover how deep-tech start-ups are driving Atmanirbhar Bharat.

UpKraft Raises ₹1.6 Crore in Pre-Seed Funding Led by PedalStart to Scale AI-Powered Extracurricular Learning Platform

The funding will accelerate AI product development (personalized learning, practice analytics, tutor productivity tools), expand presence across Bengaluru and Gurugram, and strengthen technology and operations teams.

Topics

AIC-RNTU Foundation Launches SHEvolution 2026 – A 10-Week Pre-Incubation Program for Idea-Stage Women Entrepreneurs

The program offers live workshops, one-on-one mentorship, legal/IPR guidance, HR and marketing support, and pitch training to help founders develop viable MVPs.

Fashion and Lifestyle Brand SNITCH Acquires Berrylush, Marks Strategic Entry into Women’s Fashion

Berrylush will continue to operate under its existing brand identity while leveraging SNITCH’s expertise in product innovation, technology, supply chain, marketing, and omnichannel retail.

Wow! Momo Presents Tigers’ Pitch – Bengal’s First Startup Reality Show

Airing on Zee 24 Ghanta from July 25, the show features 27 startups competing for mentorship, national visibility, and a record ₹48.98 crore in expected investments. More than a show, Tigers’ Pitch aims to build a long‑term entrepreneurial movement and position Bengal as India’s next startup powerhouse.

The Future of India’s Defence Lies in AI

AI is redefining India’s defence. From autonomous drones to secure communication, discover how deep-tech start-ups are driving Atmanirbhar Bharat.

UpKraft Raises ₹1.6 Crore in Pre-Seed Funding Led by PedalStart to Scale AI-Powered Extracurricular Learning Platform

The funding will accelerate AI product development (personalized learning, practice analytics, tutor productivity tools), expand presence across Bengaluru and Gurugram, and strengthen technology and operations teams.

HCLTech to Establish Global Technology Center in Bhubaneswar

This expansion aligns with HCLTech’s New Vistas initiative, reinforcing Bhubaneswar’s position as one of India’s most promising technology hubs.

HCLTech Announces AI Data Center in Bhubaneswar in Partnership with Sarvam and Government of Odisha

A MoU was signed in the presence of Odisha’s Chief Minister Mohan Charan Majhi, IT Minister Dr. Mukesh Mahaling, Roshni Nadar Malhotra (Chairperson, HCLTech), C Vijayakumar (CEO & MD, HCLTech), and Pratyush Kumar (Co-Founder, Sarvam).

Oriflame Announces Strategic Manufacturing Partnership with Akums in India

The partnership reinforces Oriflame’s commitment to India, where it has operated for over 30 years, while optimising its global sourcing footprint.
spot_img

Related Articles

Popular Categories

spot_imgspot_img