# Smart Commut Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smart-commut-technologies-private

- Industry: Transportation Services
- Headquarters: Hyderabad, India
- Website: www.commut.co
- Total disclosed funding: $0.2M
- Latest round: Seed (Jun 16, 2016)
- Investors on record: 1

## 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.

## Funding rounds

- Seed, Jun 16, 2016, $0.2M — 50K Ventures

## Investors

- 50K Ventures (https://capitalatlas.ai/funds/50k-ventures) — Seed