Shuttle service provider Commut raises funding from 50K ventures - Start-Up Hyderabad
Loading Startup Hyderabad

Shuttle service provider Commut raises funding from 50K ventures

 7 years ago    

Today is a surely a great day for the team of Commut – they have two reasons to celebrate the weekend with a bash.

Firstly, they have been successful in raising a funding of $200, 000 from city based 50K Ventures. Secondly, Sudhakar Pasupunuri, one of the co-founders of Redbus has joined the board of Commut.  50K ventures is a seed fund platform for tech startups at the earliest stage of their life-cycles and connecting them with dedicated mentors and launching into different markets.

‘Commut’, a minibus shuttle service for daily office commuters operates air conditioned mini buses at high frequency in popular routes at very affordable prices. The app enables you to book your ride from a specific pickup and drop point (point to point service). This startup is the brainchild of a bunch of IIIT-ians from Hyderabad, Prasanth Garapati, Hemanth Jonnalagadda, Sandeep Kachavarapu, Charan Thota, Srujai Varikuti. StartupHyderabad.com had featured Commut earlier this year.

“With this round of funding, we hope to reach 2,500+ rides per day in three months and 5,000+ rides per day by the end of the year.”, quotes the excited co-founder, Prasanth Garapati.

Commut has experienced over 500+ daily users and over 5000+ user registrations in a span of just 4 months since its inception. Today, it has successfully served over 17, 000 bookings and with the funded amount it plans to build technology, expand its operations and build its team.

This startup had recently acquired another city based startup  H2O cabs as well. Commut is surely climbing up the ladder of success to fulfil the dreams of the co – founders while solving the base problem of transportation in the city.

Kudos to the team and hearty congratulations for all the good things that have just happened to you guys!

12122792_396219657235584_8886177990960479880_n-2

 

 

Comments

comments

OUR BLOGGERS

  • Saritha Keshamoni

    Saritha Keshamoni

  • Rituka M

    Rituka M

  • Ramya Sayaboni

    Ramya Sayaboni

  • Bhavitaavya Dharanikota

    Bhavitaavya Dharanikota

  • Sruthi Malla

    Sruthi Malla

  • Tata Teja

    Tata Teja

  • Nethrikaa Greeshma

    Nethrikaa Greeshma

  • Ruchika Agarwal

    Ruchika Agarwal

  • Neeha Jayaram

    Neeha Jayaram

  • Avatar

    Sameeksha Bansal

  • Rahul Das

    Rahul Das

  • Shravani Maddirala

    Shravani Maddirala

  • Saloni Anand

    Saloni Anand

  • Avatar

    Madhureema RoyMoulik

  • Srinivas Aki

    Srinivas Aki

  • Dhivya

    Dhivya

  • Sravya Gowrisetty

    Sravya Gowrisetty

  • Soumalya Chakraborty

    Soumalya Chakraborty

  • Monika Guwalani

    Monika Guwalani

  • Ramesh Loganathan

    Ramesh Loganathan

  • Nischala Agnihotri

    Nischala Agnihotri

  • Varun Rastogi

    Varun Rastogi

  • Harshita Goel

    Harshita Goel

  • Nikita Kiran

    Nikita Kiran

  • Avatar

    Ankur Mehta

  • Neha Mohsin

    Neha Mohsin

  • Maddy Anand

    Maddy Anand

  • Chandra Mouli Koduri

    Chandra Mouli Koduri

  • Ayyappa Nagubandi

    Ayyappa Nagubandi

  • Divya Jyothi

    Divya Jyothi

  • Ayushi Pandey

    Ayushi Pandey

  • Saptarshi Roy Chaudhury

    Saptarshi Roy Chaudhury

  • Amita Sood

    Amita Sood

  • Avatar

    Surya Vallae

  • Gunajit Haloi

    Gunajit Haloi

  • Avatar

    Manoj Surya

  • Ravi Vaka

    Ravi Vaka

  • Sreekar Reddy

    Sreekar Reddy

  • Priyanka Mechineni

    Priyanka Mechineni

  • Ambika Asta

    Ambika Asta

  • Avatar

    Anish Tadimarri

  • Vana Korrapati

    Vana Korrapati

  • Avatar

    Vineel Reddy Pindi

  • GR Reddy

    GR Reddy

  • Vinita Surana

    Vinita Surana

image title here

Some title