ParkingRhino Unveils Hyperlocal Parking Finder App for India

ParkingRhino—a first-of-its-kind marketplace for providing parking space, in the country—officially announced the launch of its consumer facing mobile app. Established in 2015, the Bangalore-based startup has probed into one of the most pressing concerns within India's tier-1 and tier-2 cities—parking space.

Bangalore, India, October 24, 2016 --( The new solution from ParkingRhino enables vehicle owners to find parking spaces in a given locality or an area within their city in the click of a button. The app will allow users to search for nearby parking spaces and for each such parking space listing view information such as hours of operation, parking capacity, availability of valet services, car wash facility, etc. The app currently lists more than 2000+ verified parking locations.

ParkingRhino is also working on enabling bookings of parking spaces on their app. This will enable vehicle owners looking for a parking to search and book an available slot in a listed parking location. Booking facility is expected to commence by November this year.

Parking contractors can also enroll with ParkingRhino’s B2B app to track their parking space utilization, increase revenues through reducing malpractices as well as have the option to connect their parking space inventory onto ParkingRhino’s platform.

Currently, the start-up has launched services only for Bangalore and plans to expand its services to a couple of other cities by year-end. The mobile app is currently only available for Android device users and can be downloaded from the Google Play Store. The service will soon be available across other device platforms.

“ParkingRhino is focusing on building both the supply and demand sides of the parking marketplace. Initially, we focused on getting parking operators on board the platform, where they could use our B2B solution to optimize their existing parking capabilities. They have been able to track the utilization of their parking spaces online and maximize the earnings from their existing spaces,” mentions Tridib Konwar, co-founder and CEO of ParkingRhino.

According to research, the potential for parking market in the country is growing at 30% each year. In India, if 20% people use online parking tickets, it will translate into a market potential of $500 Mn (20% of $2500 Mn) per year. ParkingRhino has more than 20 clients on board. Each location is verified by an on-ground data collector. The startup plans to expand to 50+ clients across Bangalore before expanding to other cities.

“The ParkingRhino team has deep-dived into the market scenario and today, has established a good density in terms of supply. Now we are rolling out the consumer facing Mobile App to provide the benefits to the end users, i.e., vehicle owners looking for parking space as they are driving towards their destination,” says Tridib.

About ParkingRhino and its services
Established in 2015, ParkingRhino is a Bangalore-based geo navigation map-based parking discovery platform used by vehicle owners and parking operators alike. There are two product offerings from ParkingRhino – a B2B POS solution for service providers and a B2C Mobile App for end users.

The B2B application can be used by parking contractors for providing Parking Management solutions. The B2B POS App was launched on May 2016 in Bangalore and has already got more than 20+ paid clients on board.
Tridib Konwar
+91 9741462233