What began in 2017 as a side hustle to solve Kuala Lumpur's parking shortage has evolved into a B2B2C technology company targeting RM15-20 million in revenues this year. ParkIt is no longer just a marketplace connecting drivers to empty bays; it's an end-to-end parking solutions provider for major asset owners, including Sunway Malls and the Kajang MRT line.

Founder and CEO Kyan Liew shares the eight-year journey of ParkIt. He discusses the crucial pivot from a peer-to-peer platform to a B2B-focused model, the strategy behind winning a major public sector contract, and how the company has become EBITDA positive while scaling rapidly.

We discuss:

• The evolution from a C2C marketplace to a B2B solutions provider.

• The founder's "2X mindset" for doubling the business year-on-year.

• Key lessons on scaling with lean teams and efficient processes.

• Their ecosystem play, expanding from parking into insurance services.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan

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Categories:  markets,  economy,  technology,  entrepreneurs

Tags:  mobility tech,  scaling a business,  proptech,  smart cities,  entrepreneurship,