Smart parking startup Park+ raises $11 mn from Sequoia, Matrix

Delhi-based smart parking app Park+ has raised $11 million in a funding round led by Sequoia Capital and Matrix Partners. Other angel investors including MakeMyTrip founder Deep Kalra and Snapdeal Co-founders Kunal Bahl and Rohit Bansal also participated in the round. Founded by ex-Paytm employee Amit Lakhotia, Park+ lets drivers and vehicle owners find and book open parking spots.