Park+ enters motor insurance space, resale market next
- Posted on May 18, 2025
- By Financial Express
- 2 Views
Park+ enters motor insurance space, resale market next
Park+ enters motor insurance via ICICI Lombard tie-up, eyes used car market with Cars24. With 40M users and growing FASTag, servicing, and insurance verticals, the startup plans to diversify revenue, turn profitable in 12–18 months, and prep for an IPO after hitting Rs 500–700 crore revenue.
