Easing the difficulty of finding the parking spot in public places with Parkzap, Pranay Sharma

The inability to find parking is a significant barrier to visiting restaurants, shopping centers, and other locations. Pranay Sharma has developed Parkzap as a method to address this threat. The Gurgaon-based company finds the closest available parking space and lets you pay your ticket online.

Parkzap uses a variety of technologies, including the development of sensors, microcontrollers, machine learning software, integrating numerous hardware systems, and electronic payments, to produce solutions for automated parking and electronic toll collection. It creates end-to-end cloud-based parking management systems for smart cities and offers real parking availability in addition to enabling frictionless e-payments in parking with just a smartphone.

The Parkzap solution increases revenue by speeding up and streamlining the collection and management of commercial parking. Due to consumer preferences and the effects of Covid19, their solution enables customers to make cashless payments without having to stand in line at the exits. Their system integrates with any installed hardware and software because of its scalable and reusable architecture.

With all of its security and validation capabilities, Parkzap is practically the first company in the nation to have integrated FASTAG in parking. With e-payment and speedy exits from commercial parking lots, their FASTAG allowed parking