Park+ raises ₹140 crore in Series C funding, valuation doubles

Car services management app Park+ said it has raised ₹140 crore ($17 million) in Series C funding round led by Epiq Capital, Matrix Partners India and Sequoia Capital India. The fresh funding has reportedly doubled the valuation of the Gurugram-based startup to $340 million, from $155 million in 2021. Park+ said it'll use the capital to hire around 200 employees.