Blyp Secures ₹50 Lakhs in Bridge Funding to Accelerate Quick Parking Expansion Across India

Blyp, a smart parking and urban mobility solutions platform formerly known as ParkMate, has secured ₹50 lakhs in bridge funding from entrepreneur Sandesh Sharda. The investment is part of an ongoing bridge round following the company's Pre-Series A stage.

The platform addresses urban parking challenges by enabling users to find, book, and access verified parking spots within two minutes through its Quick Parking App. The service operates across high-footfall commercial and residential zones, offering insured and monitored parking facilities.

The capital will be deployed toward scaling Blyp's technology infrastructure, expanding services to metro and tier-2 cities, onboarding additional malls, corporate campuses, and institutional parking partners, and enhancing real-time monitoring and safety systems.

Dhananjay Bharadwaj, Co-founder and CEO of Blyp, stated that the funding will help accelerate the company's expansion and deliver faster, more sustainable parking experiences to users across India.

Abhimanyu Singh, Co-founder and COO, emphasized the company's mission to make parking effortless through technology. He noted that Blyp is addressing challenges ranging from parking unavailability and manual payments to enabling digital-first ecosystems for corporates and smart cities.

The company has gained traction in the Delhi-NCR region and is currently working on multiple smart city collaborations as it positions itself as a scalable parking infrastructure and mobility-tech solution provider in India.