Entrepreneurship Development Project - ParkEasy

Bengaluru has the unfortunate distinction of having the highest vehicles per capita in the entire country. To put it in layman’s terms, there are more vehicles per every 1,000 people compared to many of its peers. For every 1000 people in the city, Hyderabad has 440 vehicles; Chennai has 435 vehicles, Delhi 448 vehicles. Bengaluru ends up struggling with about 488 vehicles for every 1000 people living in the city. Adding to these numbers a very high percentage of almost 20% of traffic consists of four-wheelers which demand a much larger space for parking these long vehicles. Management of parking space hence is a crucial element in solving traffic problems. Our concept, ParkEasy, aims to solve this issue; an app based platform for booking car parking spots for short-term in the city. ParkEasy offers parking spots in private complexes, apartment complexes, individual residences with extra parking and Government roadside parking. The app works with the principle of online booking and payment with use of barcodes and time slots.