Delhi-based parking spot reservation platform ParkSmart said that it raised Rs 1.5 crore from ah! Ventures, with participation from Marwari Angels. Founder Rishabh Nagpal explains that the parking problem requires digitisation at both the ends — the demand, and the supply side. On the demand side, the startup allows users to book their spot, and on the supply side, it solves the problems of the parking operator by leveraging technologies like IoT.

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