Parking struggles define everyday life in Indian cities. Drivers waste hours scouting for parking spaces, arguing with attendants, and dealing with outdated systems. Smart parking solutions now redefine this experience, and one name stands out—Blyp. The Gurugram-based parking solutions startup has secured Rs 50 lakh from entrepreneur Sandesh Sharda in the current bridge funding round that follows its pre-Series A. This new funding gives Blyp the fuel to sharpen its technology, scale operations, and expand into new markets.
Blyp’s appearance on the popular entrepreneurship show on November 2 gave the startup nationwide visibility. On the show, co-founders Dhananjaya Bharadwaj and Abhimanyu Singh passionately shared their vision to fix the unorganised and chaotic parking ecosystem in India. They showcased Blyp’s digital platform that empowers urban users to locate, book, and pay for parking and valet services with one simple app.
Rebranding and the Journey So Far
Blyp started its journey in 2018 under the name ParkMate. The founders recognised the pain drivers endured every day while hunting for parking spots. They saw broken systems, manual record-keeping, cash payments, and lack of accountability. They launched ParkMate to introduce digital solutions to parking and valet services. As the brand evolved, they rebranded it to Blyp to reflect a stronger identity and modern mobility outlook.
Since inception, Blyp has focused on eliminating inefficiencies in parking management. It provides app-based parking and valet solutions across residential, commercial, corporate, and public spaces. Users can search for nearby parking spaces, reserve them in advance, drop their vehicles with valets, and make cashless payments. The platform removes confusion for drivers and brings transparency to parking operators.
How Blyp Works
Blyp connects users, parking lot operators, and valet partners on one platform. Drivers simply open the app, search for parking near their destination, check availability, and reserve slots. The app shows real-time parking inventory and pricing. At the location, QR codes or digital passes allow instant access. If users want valet assistance, they can raise a request directly through the app and track their vehicle.
Parking lot owners benefit too. Blyp digitises entry, exit, slot allocation, and payment collection. Operators can monitor occupancy, revenue, and vehicle movement in real time. Corporate parks, malls, and residential societies receive dashboards to manage member vehicles and visitor parking smartly. Blyp ensures accountability and eliminates manual slips, miscommunication, and revenue leakage.
Expansion Plans and Use of Funds
With the Rs 50 lakh investment, Blyp intends to accelerate its growth. The founders plan to strengthen technology infrastructure to handle more users and automate complex operations. The company will enhance real-time analytics, automated barrier systems, license plate recognition, and cloud-based infrastructure.
Blyp also aims to expand into major metros and tier-II cities. The company currently operates across Delhi-NCR and select smart city projects, but wants to scale to cities like Mumbai, Bengaluru, Hyderabad, Pune, Jaipur, and Lucknow. These cities face major parking challenges and offer strong demand for digital parking platforms.
Along with geographical expansion, Blyp plans to add malls, corporate parks, institutions, and residential townships to its client base. It wants to deepen its presence in gated communities and corporate campuses while partnering with large developers, retail chains, and smart city administrators.
Current Operations and Client Base
Blyp already works with a diverse mix of partners. It serves malls, residential welfare associations (RWAs), commercial complexes, and corporate parks. The platform digitises parking access, slot allocation, valet requests, and payment transactions. Users enjoy seamless parking experiences while parking operators manage assets efficiently.
The company aligns itself with government-led smart city missions by bringing digital parking infrastructure to urban public spaces. Select smart city projects have already integrated Blyp’s systems to modernise urban mobility.
The Founders’ Vision and Entrepreneurial Drive
Co-founders Dhananjaya Bharadwaj and Abhimanyu Singh built Blyp with a clear mission—to solve everyday parking challenges with technology and innovation. They recognised that mobility does not end when a person reaches their destination; it ends when the vehicle gets parked safely and conveniently. They wanted to make that last mile smoother.
Their appearance on television gave the brand credibility and connected it with millions of viewers. The founders emphasised that Blyp does not work only for car owners; it also creates opportunities for attendants, valets, and parking staff by formalising and digitising their work environment.
Competition in the Smart Parking Ecosystem
Blyp operates in a competitive market with players such as Park+, Get My Parking, Secure Parking, and even legacy brand ParkMate, which refers to its earlier identity. Many local municipal corporations also offer parking apps in major cities. These apps allow digital payments and basic slot bookings.
However, Blyp holds a unique edge with its end-to-end parking and valet ecosystem, focus on residential and corporate segments, and partnerships with real estate developers. While Park+ focuses on car-related services like FASTag recharge and fuel delivery, Blyp specialises in on-ground parking operations. Get My Parking works largely as a B2B SaaS provider to parking operators, whereas Blyp offers a mix of B2B and B2C solutions.
Why Blyp Stands Out
Several factors make Blyp stand apart:
- User Convenience: Drivers avoid uncertainty and save time by pre-booking their parking slots or valet services.
- Digital Payments: Cashless transactions create transparency and security.
- Data-Driven Management: Parking owners and residential communities access dashboards that track vehicle entries, exits, and revenue.
- Custom Solutions: Blyp tailors its offerings based on residential societies, malls, corporate parks, or public spaces.
- Sustainability Impact: By reducing traffic congestion caused by parking searches, Blyp lowers fuel consumption and emissions.
The Future of Urban Parking with Blyp
The urban population in India continues to grow, increasing vehicle ownership and traffic density. Parking infrastructure often fails to match this pace. Cities like Delhi, Mumbai, and Bengaluru lose thousands of productive hours daily due to poorly managed parking.
Blyp positions itself as a solution to this urban crisis. With increasing digitisation, smartphone penetration, and government support for smart mobility, Blyp plans to become a household name for hassle-free parking. Its technology-first model supports automation, AI-based parking predictions, and IoT-based access.
The company imagines a future where drivers never circle streets to find parking. One app will guide them to available spaces, manage their payments, and hand their vehicle to a trusted valet if needed.
Conclusion
Blyp’s funding from Sandesh Sharda marks a significant milestone in its journey. The company now accelerates its mission to simplify parking for millions of urban users. With strong leadership, a scalable technology platform, and ambitious expansion plans, Blyp stands ready to transform the way Indians park their vehicles.
Cities need smarter solutions, and Blyp delivers exactly that—efficiency, transparency, and convenience. As the company grows into more metros and tier-II cities, it will keep reshaping urban parking, one slot at a time.
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