How ParkQwik Bridges India’s Parking Gap with a Marketplace Model

Every year, millions of new vehicles hit India’s roads, but parking infrastructure hasn’t kept up. The result is an urban struggle where finding a spot often feels like a game of chance. Drivers circle crowded streets again and again, scanning for openings, and the rare relief of securing a space can feel like a small victory.

Arun Kumar, the founder of ParkQwik, sheds light on the increasing demand-supply gap in the parking infrastructure.

He says, “India has around 420 million vehicles, where 75% are two-wheelers, and 13% are four-wheelers. With so many vehicles on the road, the demand for parking far outstrips the supply, highlighting a huge infrastructure gap.”

Arun experienced the gap in parking infrastructure firsthand. After the COVID lockdown, it took him more than two weeks to find a rental space that included parking, while securing a place without it would have taken only a few days.

This gap led to the creation of ParkQwik, a platform built to make parking more accessible and reliable in crowded urban neighborhoods. By focusing on the availability and management of parking spaces, it tackles one of the most frustrating daily challenges for city residents. Since its launch, the platform has served more than 10,000 members.

From EV Chargers to Urban Parking: Spotting the Hidden Problem

Arun Kumar’s journey to ParkQwik began in the EV charging industry, where he noticed a key hurdle. Setting up the chargers was straightforward, but actually installing them depended on finding parking spaces. Since allotted parking was limited, every deployment ran into the same problem, and that’s when the issue became clear to him.

“The real problem was that we couldn’t immediately install the chargers,” Arun says. “Every OEM needs parking space and the right power line for each type of charger. That was the first time the issue of parking first struck in my mind.”

That first encounter with the parking challenge pushed Arun to look deeper into the problem. As he explored the industry further, another pattern became clear: the difficulty of finding homes with safe, allotted parking. In metropolitan cities, this struggle is most visible in one-bedroom apartments, where parking is rarely included and often comes with an additional cost.

“Generally, parking is the main issue in all metro cities,” he explains. Most one-BHK houses in Bangalore and Chennai don’t have a slot. When people buy a car after a few years, they have to struggle for parking.”

These experiences shaped the idea for ParkQwik, a platform focused on India’s growing shortage of accessible parking, a hidden barrier to urban living.

A Marketplace Solution for Parking Supply and Demand

Arun points to two opposing realities he noticed in cities: on one hand, vehicles were parked illegally on roads, blocking traffic and causing problems for nearby residents; on the other, some households had allotted parking spaces sitting empty because they didn’t own cars.

Arun says, “If you own a parking space, you can list it on the platform and earn income as a host. On the other side, if you’re a car or bike owner looking for a spot, you can book it directly through the app. I would say that we are like the Airbnb for parking spaces.”

The idea came from a simple observation: even when there are empty parking spaces in nearby apartments or houses, vehicle owners hesitate to approach the residents directly.

Arun explains. “There’s hesitation, people feel awkward or uncomfortable asking their neighbours, but if you create proper infrastructure to connect the two sides, it can become a massive opportunity.”

ParkQwik solves these gaps by working as a marketplace that connects the two ends to solve the shortage of reliable parking spaces. The solution eased congestion while giving residents a way to make better use of their space.

Validating Demand and Building the Platform

ParkQwik’s thesis was initially tested out with a simple mobile number that users could call to avail parking slots and by listing on platforms like JustDial to check if there was real demand. Within a week, Arun saw the demand pour in, and he began receiving multiple enquiries from people struggling with parking.

This led ParkQwik to start experimenting with small-scale partnerships where the team strategically spoke with PG owners and smaller residential apartments to see if spare slots could be listed, and quickly realized that both hosts and vehicle owners were willing to try it.

Arun says, “Earlier, we only had a phone number, and later, to make the process smoother, we started with introducing a WhatsApp bot that acted as a bridge between the two sides.”

The early traction landed ParkQwik in securing $100,000 from investors in Singapore, where the team used the capital to launch a dedicated app. The platform now functions like an Airbnb for parking spaces, with features such as FASTag-based integration, listings of available slots, and direct booking for vehicle owners.

User Segments, Features, and the Subscription-Based Model

ParkQwik primarily targets metro city vehicle owners, both two-wheelers and four-wheelers, who struggle to find reliable, dedicated parking spaces. On the enterprise side, the company partners with mall owners, large office spaces, and EV charging equipment makers. These clients lease clusters of 20 to 30 slots for a minimum of five years, often with built-in charging infrastructure.

Arun says, “In co-working hubs, where dozens of startups operate but parking slots are scarce, we provide valet support. Cars are picked up from the workspace, parked in ParkQwik’s dedicated lots, and returned when needed.”

Through the ParkQwik app, users can filter parking spaces by distance, size, and features. The options range from open lots to covered slots with CCTV and EV charging facilities.

“If you need EV charging or security cameras, the price is higher. If it’s an open compound without a roof or cameras, it’s cheaper,” Arun says.

The platform’s core model is based on monthly leasing, where vehicle owners pay for a dedicated parking space. Unlike short-term or hourly slots, this focuses on long-term parking, creating a steady subscription base. ParkQwik earns revenue by taking a commission on each lease, charging both individual users and partner property managers.

Targeting New Vehicle Owners and Navigating Parking Behaviors

ParkQwik’s earliest users were overwhelmingly new car owners, especially those who had purchased a vehicle just a few months earlier. They were the ones most anxious about safety and, therefore, more willing to pay for a secure slot.

Arun explains with a chuckle, “They worry about safety more than anyone else. It’s like newlyweds when something is new, you take extra care of it.”

ParkQwik’s early focus was on acquiring customers where demand for parking was already visible. Arun explains that the team deliberately targeted high-pressure areas and worked closely with local authorities to validate the need.

“We even launched our logo with the Chennai Traffic Commissioner. You have to understand the ecosystem first, how many parking tickets are being issued, where the real pain points are, before you can place your brand there,” he says.

Cultural Barriers and Challenges in Building Supply.

One of the biggest hurdles Arun ran into was convincing people to actually list their unused parking spaces. Unlike housing, where owners are eager to rent out vacant properties on platforms like NoBroker, parking doesn’t carry the same instinctive demand.

Empty slots often went unlisted, and building that initial supply proved far more difficult than expected.

He says, “People are willing to list out their house easily, but not their parking space.”

Arun also points out the challenge of Indian attitudes toward parking: many vehicle owners still expect it to be free. This cultural mindset has made parking one of the toughest problems to build a business around.

Arun says, “The challenge is compounded by the country’s lack of proper infrastructure and high population density, a gap the government alone cannot fill, leaving few startups willing to tackle the problem.”

Embracing Automation

For Arun, the clearest signal that ParkQwik is on the right track isn’t a single numeric metric but consistent user adoption. “If people are signing up, the demand is clearly there,” he explains. He also looks at broader trends, like rising vehicle sales, to gauge the market opportunity, seeing these patterns as confirmation that the parking problem is both real and growing..

Looking ahead, ParkQwik is exploring how technology can transform parking in India. Arun is particularly focused on automation, from boom barriers to parking robots, which can help manage high-density urban spaces more efficiently.

Arun notes that easing government restrictions on importing such technology could unlock even greater potential, helping to reduce traffic congestion and improve parking infrastructure across the country.

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