Park+ is an Indian company that leverages AI and data-tracking to offer a wide range of services related to car ownership, including monitoring driving habits, suggesting nearby hospitals in case of a car accident, and recommending content based on user preferences. The company also provides a unique service where users can send a video of their car to service centres for assessment, instead of physically going in. Park+ uses data science to track stolen cars, leveraging data points from cameras and RFID tags to help identify the car’s location and aid in recovery efforts.
The company expects employees to be individual contributors, work closely with the product team, take initiatives to solve problems, and build a future-first model. Park+ boasts of an inclusive and diverse team, with an average employee age of 25, and encourages its employees to work on multiple projects and technologies. The company takes care of its employees by providing an Employee Stock Ownership Plan (ESOP), insurance coverage, celebration holidays, and a weekly work-from-home option for mothers, among other perks.
During interviews, Park+ looks for people who love to play with technology and see it as a hobby, and focus on design abilities and logical acumen rather than programming language skills. If you have a passion for technology and want to work in an environment that encourages innovation and individual contribution, Park+ is the perfect place for you.
Park+ Leveraging Data Science for Seamless User Experience
Park+ is a technology-first company founded in 2019 by Amit Lakhotia and Hitesh Gupta, former Paytm executives. The Gurugram-based start-up is a superapp for car owners that simplifies the process of owning and maintaining a car. The company has a presence in over 20 cities in India and is the largest distributor of FASTags and access control systems in the country, besides having the largest inventory of parking slots. Park+ recently raised INR 140 crore in its Series C round, increasing its valuation to $340 million, twice the previous valuation of $155 million.
Park+ is currently hiring for data science roles, specifically for the position of data analyst. There are three positions available for this Gurugram-based role. Besides full-time employees, Park+ also employs engineering interns who are eventually absorbed into the company for permanent roles. The company aims to bring delight back to car ownership by providing seamless services to end-users through collaboration with core service providers such as auto OEMs, car insurers, after-sales service providers, maintenance providers, car dealers, and banks.
AIM recently got in touch with Hitesh Gupta, co-founder and chief technology officer of Park+, to know more about how the company leverages data science to stay ahead of the curve. Gupta, with 16 years of experience co-founding PayMonk and holding leadership positions at Midtrans and Oxigen, among other companies, believes that data science is at the core of the company’s success.
Park+ leverages data science to improve user experience in several ways. For instance, it uses data analytics to optimize pricing for its services and identify high-demand areas to add more parking slots. The company also uses AI to detect car health issues and recommend preventive maintenance to users. Additionally, Park+ employs machine learning algorithms to automate its parking enforcement process and detect fraud.
In conclusion, Park+ is a hidden gem in the transportation space that leverages data science to simplify the process of owning and maintaining a car. The company’s innovative use of data analytics, AI, and machine learning has helped it stay ahead of the curve and improve user experience.
Park+ Utilizes AI and Data Science to Simplify Car Ownership
Park+ is a leading car-tech start-up that leverages AI and data-tracking to simplify the process of car ownership. The company provides a wide range of services to its users, including monitoring driving habits, detecting dents and scratches, suggesting nearby hospitals in case of an accident, recommending content based on user preferences, predicting car selling prices, and identifying parking hotspots. The company also offers FASTag management, EV charging recommendations, maintenance schedules, and tracking car entry and exit within a geo-fenced location.
The company’s data science team, comprising about 10 people, plays a pivotal role in sifting through the unstructured data collected through various peripherals like cameras, IoT sensors, or different data services. The team pulls data and statistics to build proprietary models that cater to various business use cases. Model evaluation and tuning allow the company to streamline its services, improve customer experience, and enhance partner collaboration at all levels.
Park+ also provides a unique service where users can send a video of their car to service centres for assessment, instead of physically going in. This remote assessment service is made possible by data science techniques that allow the team to assess the damage and provide repair estimates remotely.
The company uses data science to track stolen cars, leveraging data points from cameras and RFID tags to help identify the car’s location and aid in recovery efforts. This effort highlights the company’s commitment to improving car ownership by leveraging data and technology.
Interview Process
Park+ is currently hiring for data science roles, specifically for the position of data analyst. The organisation does not prioritise candidates with specific programming language skills. Instead, the focus is on their design abilities and logical acumen. During interviews, candidates are given design problems to solve with the freedom to use any technology they prefer. The primary skill that the team looks for in any potential candidate is adaptability – they must be able to learn and unlearn quickly.
A B.Tech in computer science or any other related field is mandatory, and the team also focuses heavily on data structures. A hands-on experience in data structures is an advantage. The tech team uses Python and Golang as programming languages and a microservice-based architecture with the storage of MySQL, Elasticsearch, Mongo DB, Cassandra, among others. The data science team uses GPT and Transformer models too.
Conclusion
In conclusion, Park+ is a leading car-tech start-up that leverages data science and AI to simplify the process of car ownership. The company’s innovative use of data analytics, AI, and machine learning has helped it stay ahead of the curve and improve user experience. The company’s focus on design abilities and logical acumen during the interview process highlights its commitment to hiring adaptable and capable talent.
Park+ Prioritizes Individual Contribution and Future-First Model
Park+ believes in open communication and goes with a flat hierarchy. They primarily go for individual contributor roles, and everyone in the team, including the founder, is hands-on with their work. The company expects employees to work closely with the product team, take initiatives to solve problems, and build a future-first model.
Dos and Don’ts
During interviews, Park+ looks for people who love to play with technology and see it as a hobby instead of a mere task. Candidates should talk in detail about themselves or their work, avoid jumping to conclusions quickly, and show a willingness to learn and grow with the company. The team does not prioritize programming language skills; instead, they focus on design abilities and logical acumen.
Work Culture
Park+ boasts of an inclusive and diverse team with a 40:60 male-to-female ratio and an average employee age of 25. The company values collaboration, communication, and approachability, and people work collaboratively in open spaces without cubicles or closed doors. The company encourages its employees to work on multiple projects and technologies, regardless of their role or level of experience.
Park+ takes care of its employees in a big way by providing an Employee Stock Ownership Plan (ESOP), insurance coverage, celebration holidays, monthly no-question-asked leave for women, and a weekly work-from-home option for mothers, among other perks. The company values individuals with a good background in technology, who are excited to work in an offline space, are willing to work as individual contributors, and are good mentors.
Apply Now
If you have a passion for technology and want to work in an environment that encourages innovation and individual contribution, Park+ is the perfect place for you. Check out the company’s careers page to apply.
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