Solving India’s Car Chaos: The Amit Lakhotia Story Behind Park+
In a country where owning a car often brings as many headaches as conveniences, Amit Lakhotia has quietly built a solution that speaks to millions of urban Indians. As the Founder and CEO of Park+, Lakhotia has emerged as one of India’s most influential mobility-tech entrepreneurs, creating a platform that simplifies the fragmented, frustrating experience of car ownership. From finding a parking space to FASTag recharge and challan tracking, Park+ has evolved into a comprehensive super-app that addresses real, everyday problems faced by car owners across the country.Early Life and Academic FoundationAmit Lakhotia hails from India and brings with him a strong academic grounding in management. He studied at the prestigious Indian Institute of Management (IIM). His education played a key role in shaping his analytical thinking and strategic approach. Even in his early years, Lakhotia showed a natural inclination towards understanding consumer behavior, technology, and financial systems—a blend that would later define his entrepreneurial journey. His academic exposure gave him not just theoretical knowledge but also the confidence to build scalable, consumer-first businesses.Learning the Internet and Fintech PlaybookBefore founding Park+, Lakhotia built a formidable career across some of Asia’s leading consumer internet and fintech companies. He held leadership roles at MakeMyTrip, Tokopedia, and Paytm, each experience adding a crucial layer to his understanding of digital platforms. His time at Paytm proved especially defining. As the head of the wallet business, he played a pivotal role during India’s digital payments revolution, helping scale Paytm’s user base at a time when millions were transitioning to cashless transactions. This phase of his career exposed him to large-scale user acquisition, high-frequency consumer products, and the importance of trust in digital ecosystems. More importantly, it taught him how technology could solve mass-market problems when built with simplicity and speed.The Birth of Park+: Solving a Daily Urban Pain PointAmit himself was frustrated about parking; when he would reach the office, he could not find parking for his own car. He felt that parking in India is still a huge issue and Indians are still parking like it's 1980. In 2019, Amit Lakhotia took a bold step by founding Park+, driven by a simple but powerful insight: car ownership services in India were scattered, inefficient, and stressful. Parking availability, FASTag management, traffic challans, insurance renewals, and even EV charging were all handled through separate platforms or offline processes. Lakhotia saw this fragmentation as an opportunity. Park+ was built as a one-stop solution for car owners, integrating multiple services into a single, easy-to-use app. In its early days, Lakhotia personally led on-ground expansion, working closely with resident welfare associations and parking operators to digitize parking spaces. This hands-on approach reflected his belief that real-world problems require real-world engagement, not just boardroom strategy.Growth, Scale, and Market ImpactDespite being founded just before the pandemic, Park+ demonstrated remarkable ability. As car movement dropped sharply during lockdowns, Lakhotia used the period to strengthen the platform’s technology backbone and refine service offerings. This foresight paid off when mobility rebounded. As of the latest reports, Park+ operates in over 100 cities, serving more than 60 lakh car owners. The platform has digitized 3,000+ parking lots and partnered with over 10,000 residential societies. Beyond consumer services, Park+ has expanded into EV station discovery, fleet management, and smart mobility solutions, positioning itself at the center of India’s evolving urban transport ecosystem.Leadership Style Rooted in ExecutionAmit Lakhotia is known for his execution-first leadership style. Colleagues often describe him as hands-on, data-driven, and deeply focused on long-term value rather than vanity metrics. He believes in building products that users return to daily, not ones that simply look impressive on pitch decks. His leadership philosophy emphasizes operational resilience, user-centric design, and sustainable scaling—qualities that have helped Park+ navigate both market volatility and rapid growth. Beyond his company, Lakhotia has emerged as a thoughtful voice in India’s startup ecosystem, frequently sharing insights on product innovation, user experience, and disciplined execution.Amit Lakhotia’s story is not one of overnight success but of steady problem-solving rooted in lived experience. By combining fintech discipline, consumer empathy, and relentless execution, he has built a platform that fits seamlessly into everyday Indian life.