On this episode of Shunya One, Shiladitya and Amit are joined by Amit Lakhotia. Amit Lakhotia talks to us about his early stints from joining MakeMyTrip to working with Paytm, then later starting Park+, and how he came up with the idea for it. He talks about how, after scaling the business for over 4 years, he has seen the startup and the internet boom which has helped to get more ideas out. He discusses e-commerce, how we now have a wallet inside our smartphones, building his company with the goal to make it profitable, going to China and seeing people paying through QR codes and applying the same thing in India by giving it to local businesses and how that is massively taking off. Amit Lakhotia also talks about Uber coming onto Paytm and then doing half a million transactions in a day on Paytm, while Uber's own payment mode say only 5000 transactions in a day, and how Park+ plans to make car parking spaces more digital, be it in malls, corporates or housing societies. This and a lot more in this informative chat with Amit Lakhotia, Founder of Park+.

Follow Amit lakhotia on LinkedIn & Twitter :https://www.linkedin.com/in/amitlakhotia/https://twitter.com/amit_lakhotia

Tweet to hosts @shiladitya & @doshiamit for your questions or reactions to this episode.

To join the Shunya One slack channel, request for an invite here: http://ivmpodcasts.com/shunyaone

You can listen to this show and other awesome shows on the IVM Podcasts app on Android: https://ivm.today/android or iOS: https://ivm.today/ios, or any other podcast app.

You can check out our website at http://www.ivmpodcasts.com/

See omnystudio.com/listener for privacy information.