According to Markets & Markets report the Automated parking systems(APS) market value is expected to hit 3.6$ billion.
Park+ a Bangalore-based startup founded in 2019 by Ex-Paytm VP Amit Lakhotia, is one of major players in the APS market.
According to its website, Park+ through its Mobile app offers to Car owners, Carkparking, fast-tag management, E-challans, Car washing and Insurance facilities.