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.

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:<ul><li>The evolution from a C2C marketplace to a B2B solutions provider.</li><li>The founder's "2X mindset" for doubling the business year-on-year.</li><li>Key lessons on scaling with lean teams and efficient processes.</li><li>Their ecosystem play, expanding from parking into insurance services.</li></ul>

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