Kolkata, June 30: Parkobot, a Kolkata–based mobility technology startup, announced the launch of its integrated smart parking platform that combines proprietary IoT hardware, intelligent cloud software and a consumer mobile application built specifically for the realities of Indian cities.
Built on the belief that India’s parking challenge is fundamentally one of access and utilisation rather than a shortage of land, Parkobot enables property owners, institutions, commercial establishments to transform underutilised parking spaces into digitally discoverable, bookable and revenue-generating assets.
Unlike conventional solutions that focus exclusively on software or hardware, Parkobot has developed an end-to-end ecosystem comprising IoT-enabled parking devices, mobile applications, cloud-based management systems, digital payments, reservation capabilities and access control technologies. The platform has been engineered to address India’s unique parking challenges, including fragmented ownership, mixed-use properties, fluctuating demand patterns and the lack of organised parking infrastructure.
Parkobot currently manages around 1600 parking spots in Kolkata alone and is in the process of activating another 4,000 spaces in the city. At a pan India level, 30,000 parking spaces are also being added onto the platform. The company has already established a presence in ten cities, including Bengaluru, Chennai, Mumbai, Delhi and Hyderabad, where similar initiatives will be rolled out in phases.
By bringing privately owned parking inventory onto a shared access platform, the company also aims to help reduce congestion in urban centres. Under this initiative, available parking slots can be booked and accessed at Rs 10 per hour across Kolkata via subscription packs. Parkobot leverages the concept of Time of Day , allowing parking owners to generate passive income by making their spaces available through the app during periods when they are not using them personally.
The company has raised ₹2.09 crore from Inflection Point Ventures and high-net-worth individuals , and is targeting an Annual Recurring Revenue of ₹20 crore by FY27. Over the next 12 months, Parkobot plans to further scale operations across Hyderabad, Chennai, Bengaluru and Mumbai.
With the launch of this initiative, key locations across Kolkata, including Park Street, Poddar Court, La Martiniere, Passport Office and Diamond Plaza, will offer accessible parking benefiting motorists as well as nearby residential communities.
Commenting on the launch, Amrit Choudhury, Founder and CEO, Parkobot, said:
“India’s urban centres are witnessing a growing mismatch between rising vehicle ownership and the availability of organised parking. Millions of parking spaces remain underutilised even as vehicle owners struggle to find convenient parking.
At the same time, offices, malls and commercial establishments possess valuable parking assets that often remain vacant for extended periods and generate little or no revenue. Parkobot bridges this gap by transforming underutilised spaces into smart, revenue-generating assets through a technology-driven platform integrating parking, digital payments, reservations and access management.
Our launch in Kolkata marks the beginning of a larger vision to create a networked parking infrastructure that enables users to seamlessly discover, pre-reserve and pay for parking spots, while allowing property owners to unlock value from their unused real estate assets.”
Parkobot onboards parking hosts by installing its proprietary IoT-enabled smart parking locks. When a space becomes available, drivers can reserve it through the app, while hosts retain control over access and earn a share of the booking revenue.
Beyond affordability, Parkobot also offers in-app indoor navigation, helping users locate their designated parking spaces with ease and improving the overall parking experience.