ParkSmart

ParkSmart is a verifiable, venture-backed startup in India (funded by ah! Ventures, Gruhas, Campus Fund) with significant operational traction (1,300+ lots, 10M+ monthly vehicle flow). While the submission itself was of very low quality (containing hyperbolic claims like 'most people have used my product' and confusing financial data), independent verification confirms a legitimate business with ~125 employees and a valuation of ~₹27 Cr ($3.2M). The project scores highly on real-world utility and verified traction, but is penalized for the poor quality of the submission and the operational-heavy (lower margin) nature of the business model compared to pure software plays.