Parking solutions startup Blyp raises bridge round

Parking solutions startup Blyp has raised Rs 50 lakh from entrepreneur Sandesh Sharda as part of the current bridge round following its pre-Series A. 

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.

The proceeds will be used to strengthen technology, expand to metro and tier-II cities, and add malls, corporates, and institutional clients.

Founded in 2018 by Dhananjaya Bharadwaj and Abhimanyu Singh, Blyp provides app-based parking and valet solutions. It offers residential, corporate, commercial, and public parking management solutions through its platform. Users can book parking, access valet services, and pay digitally.

Blyp currently operates across Delhi-NCR and select smart city projects. It works with malls, RWAs, commercial complexes, and corporate parks to digitise parking allocation, access, and payments.

Blyp competes with smart mobility and parking platforms such as Park+, ParkMate (legacy brand reference), Get My Parking, Secure Parking, and local municipal parking apps that digitise parking and valet services.