Studies of traffic congestion regularly point much blame at cars circling for parking. To tackle this perennial problem, Get My Parking is joining a smart city initiative to launch a smart parking pilot in India.
As reported in Firstpost, the Delhi-based startup’s technology is being tested in government smart city initiatives.
“We are getting a lot of traction from various municipal corporations,” said Get My Parking CEO Chirag Jain. “We have started a pilot project in Jaipur.”
Jain describes his company as providing a technological solution that allows the smart location of free parking spots through a smartphone app. The technology was the brainchild of alumni from IIT Madras and FMS Delhi.
He explained that the need for his company’s solution came from examination of how chaotic parking systems lead to many vehicles driving slower than the normal flow of traffic as they seek a spot to leave their cars.
“Just imagine when hundreds of cars are doing that at the same time,” said Jain.
Get My Parking received recent kudos from senior government figures including Prime Minister Narendra Modi. The praise came from the successful use of the startup’s technology that helped ease traffic chaos during Kumbh Mela, the mass Hindu pilgrimage where members of the faith travel to bathe in a sacred river.
Get My Parking attracting investor interest
The company is also attracting the attention of investors. Recently the startup drew a first funding round from Chennai Angles and is hoping to close its second round of financing soon.
One of the areas that Jain says is of key importance is ensuring the parking technology integrates into smart city infrastructure in a secure way to keep citizens safe.
“Security is of prime concern as we work with a lot of consumer data,” he said. “The security is taken care of accordance to utmost privacy for our consumers.”
The interest in developing such smart city technology comes as India is expanding its internet infrastructure to facilitate growth in Internet of Things technology.