Startup Name |
Parking Rhino |
Founding Year |
2014 |
Founders | Tridib Konwar, Mriganka Deka |
Business Category |
IT |
Startup Stage |
Growth |
Support Required from The Nest |
Mentoring, Networking |
Investment Required |
5, 00, 00, 000 – 10, 00, 00, 000 |
Type of Entity |
Pvt. Ltd. |
Website | |
Startup’s Objective |
Parking Rhino is working towards converting unorganized parking into organized parking lot through IoT automation products and reducing road congestions as well as environment contamination. |
Market Need |
Parking management is a huge problem, consuming mass time, creating road congestions and contaminating the environment. There’s an urgent need to reduce search time for drivers looking for parking along with facilities for advance booking and cashless transaction. |
Product/Service description |
TParking Rhino offers an app and IoT based solution to all the parking woes. Followng are the products/services the startup has on offer: 2. B2B Pro – Used for parking lots with transaction >10000 per month. E.g. – Malls , hospitals, railways stations etc. |
Customers/Users | B2C – Drivers using mobile app for parking search, booking and navigation. B2B – Municipalities, parking operators, Smart Cities, Malls, Hospitals, IT Parks, railway stations, Airports, educational institutes etc. Data as a service-Third party API integrations – Google, Amazon Alexa, Ride hailing companies, OEMs, autocommerce, insurance, car service, EV charging etc. |
Revenue Model |
The startup sources revenue from B2B SAAS Basic Model, B2B SAAS Pro Model, B2B SAAS Enterprise Model, B2C Commission and Data Service. |
Current Traction |
The startup makes a daily transaction of Rs. 1.35 lakh. |