Motherson Lease Solutions backed the parking location app developer in a series B round that valued it at $160m.
India-based parking solutions platform Park+ has received $25m in a series B round featuring equipment rental service Motherson Lease Solutions, the Economic Times reported on Wednesday.
The round, which valued the company at about $160m, was co-led by family office Epiq Capital and venture capital firms Sequoia Capital India and Matrix Partners India, and also backed by VC fund AdvantEdge Founders.
Park+ offers a mobile app that helps people find a parking space for their vehicles. It plans to use…
