Smart Commut Technologies Private Limited

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Smart Commut Technologies Private Limited - overview

Established

2015

Location

Hyderabad, Telangana, India

Primary Industry

Transportation Services

About

Smart Commut Technologies Private Limited specializes in innovative commuting solutions, focusing on enhancing user experiences through technology-driven services. Founded in 2015 and headquartered in Hyderabad, India, Smart Commut Technologies Private Limited develops advanced commuting technologies. The company has undergone significant operational changes since its inception, including a notable acquisition by Super Highway Labs Pvt. Ltd.


in September 2018. The latest funding round was a Seed round in which they raised INR 11. 730 mn, led by 50K Ventures, bringing the total amount raised to INR 11. 730 mn and the current company valuation to INR 90.


303 mn. Smart Commut Technologies Private Limited offers a range of online gaming experiences, primarily focusing on real-money gaming options such as immersive slot games and various table games. Their portfolio includes advanced graphic-rich slot games and less common games like baccarat, craps, and roulette, catering to a diverse clientele across regions including Australia, Canada, and Europe. In the most recent fiscal year, 2019, Smart Commut Technologies generated revenue of INR 480,470.


6 from real-money gaming transactions and promotional activities. The company's revenue model is primarily B2C, where users engage with the platform through game purchases and tournament entries, contributing directly to its income. With the recent funding, Smart Commut Technologies plans to enhance its product offerings and expand into new geographical markets. They aim to launch new gaming products by late 2023 and are targeting further expansion in North American and European markets.


The acquisition by Super Highway Labs Pvt. Ltd. will support these initiatives by providing additional resources and strategic guidance.


Current Investors

50K Ventures, Mercedes-Benz Group AG, Careem Networks FZ LLC

Primary Industry

Transportation Services

Sub Industries

Public Transit/Transportation

Website

www.commut.co

Verticals

Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Smart Commut Technologies Private Limited - financials

Fiscal Year EndedMar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019
Revenue (USD)1,414,390---
% Revenue Growth (YoY)----
EBITDA (USD)(856,055)---
Operating Income (USD)(856,055)---
Operating Margin(60.5%)---
% EBITDA Margin(60.5%)---
NET Income (USD)(856,055)---
% Net Margin(60.5%)---

Smart Commut Technologies Private Limited - employee data

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