Commutec

Navi Mumbai, India Founded: 2016 • Age: 10 yrs Minicorn
SaaS route scheduling software is provided for employee transport management.

About Commutec

Commutec is a Transportation, Automotive & Logistics company based in Navi Mumbai (India) founded in 2016 by Maninder Kaur and Randeep Lobana. SaaS route scheduling software is provided for employee transport management. Commutec has raised $199.55 thousand across 3 funding rounds from investors including Shell, Shell E4 and Shell. The company has 31 employees. Commutec was last valued at $4.82 million in January 2022. Its chief executive, as recorded, is Randeep Lobana. Its Indian entity Aurafox Solutions Private Limited reported revenue of β‚Ή43.46 Cr. Commutec offers products and services including Managed Transport, Shuttle Services, SAAS Platform, Fleet Management, and Corporate Car Rentals. Its focus areas include Consumer, Road Transport Tech, Employee Transport Management and Tech Enabled Services. Its competitors include MoveInSync, Routematic and Volercars; 3 of its 3 listed competitors have raised funding.

Company details

Commutec was founded in 2016 and is based in Navi Mumbai, India. SaaS solutions for employee transport management are developed, focusing on the logistics sector. Vehicle capacity is optimized through algorithms, real-time GPS tracking is implemented, and SMS notifications are sent for updates. Route planning, shift rostering, vendor assignment, digital trip documentation, automated invoicing, emergency alerts, and management reporting are supported in operations.

  • Headquarters Navi Mumbai, India
  • Employees 31
  • Founders Maninder Kaur, Randeep Lobana
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website commutec.in
  • Social LinkedIn X Facebook Instagram
  • Legal Name Aurafox Solutions Pvt. Ltd.
  • Date of Incorporation 22 Nov, 2016
  • Jurisdiction Raigarh, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹43.46 Cr

    FY 2025 · +65% YoY

  • Net Profit
    ₹1.11 Cr

    FY 2025 · 3% margin

  • EBITDA
    ₹2.44 Cr

    FY 2025 · 6% margin

  • Total Equity Funding
    $199.55K (USD)

    in 3 rounds

  • Latest Funding Round
    $109.85K (USD), Seed

    Jan 2022

  • Investors
    Shell

    & 11 more

  • Employee Count
    31

Products & Services of Commutec

Commutec offers a comprehensive portfolio of products and services, including Managed Transport, Shuttle Services, SAAS Platform, Fleet Management, and Corporate Car Rentals.

Managed Transport
Transport Solution

End-to-end solution for corporate transport including software and fleet.

Shuttle Services
Corporate Mobility

Platform for managing office shuttle operations and employee commuting.

SAAS Platform
Software Service

Digitizes transport operations to reduce manual workload and errors.

Fleet Management
Operational Tool

System for managing and tracking fleet transactions digitally.

Corporate Car Rentals
Rental Service

On-call rental platform for corporate pick-up and drop services.

Funding Insights of Commutec

Commutec has successfully raised a total of $199.55K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $109.85 thousand completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $199,546
  • Total Rounds 3
  • Last Round Seed β€” $109,846
  • First Round $71,300

    (Apr 2019)

  • Investors Count 12

All 3 funding rounds of Commutec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2022$109,846Seed$4.82MShell
–
May 2020$18,400Seed$4.63MShell E4, Shell
–
Apr 2019$71,300Angel Round$β€’β€’β€’β€’β€’Prasad Menon, Sanjay Kapoor
Valuation history
DateValuationStage
Jan 2022$4.82Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2020$4.63Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Commutec

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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  • Stage changes
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Last known valuation $4.82M (Jan 2022). 12 investors in total: 3 institutional and 9 angel.

Investors in Commutec

Commutec has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Shell, Shell E4 and Shell.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Energy sectors are targeted by Shell-backed accelerator program.
e4.shell.in.tcc.mode
Shell is recognized as a global energy and petrochemical company.
1907shell.comLondon, United Kingdom
Crude products are supplied to global energy markets.
shell.inLondon, United Kingdom

Prasad Menon

unknown_5ea7f274ff1e4f5fb

Sanjay Kapoor

Angel investor, ex-CEO of Bharti Airtel, mentor to Indian startups
unknown_9f135be332ae4f02b

Geetu Munjal

unknown_235dfdd657364ea48

Tufail Shakil Ahmad Khan

unknown_662027bec625422aa

Manas Mahendrakumar Mehta

unknown_fca0cd0a55644f41b

Mitul Akhilesh Kumar Saxena

unknown_22f3b3a8c6c948e18

Prasad Menon

unknown_371c00d16b1142c6a
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Investor details for Commutec

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Board of directors of Aurafox Solutions Private Limited (Commutec)

Aurafox Solutions Private Limited is the primary company behind Commutec. The boards of the 2 registered companies of Commutec currently have 4 directors; the longest-serving is Randeep Singh, appointed in 2016. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Randeep Singh
DIN 07227968
Director22 Nov 20169 yrs 11 moAurafox Solutions Private Limited, Commuteck Software Solutions Private Limited
Ravikumar Govindbhai Gondaliya
DIN 07765169
Director17 May 20179 yrs 5 moCommuteck Software Solutions Private Limited
Partap Singh
DIN 08033525
Director04 Jan 20188 yrs 9 moAurafox Solutions Private Limited
Maninder Kaur
DIN 08033524
Whole-time director06 Mar 20233 yrs 7 moAurafox Solutions Private Limited

People of Commutec

2 people are tracked at Commutec (2 in leadership); the tracked headcount is 31.

NameRoleGroup
Co-FounderLeadership
Randeep Lobana
Co-Founder & CEOLeadership
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Financials of Commutec

Figures of Aurafox Solutions Private Limited, the primary company behind Commutec, for FY 2025. Revenue was ₹43.46 Cr (+65% year on year). Net profit was ₹1.11 Cr (3% margin). EBITDA was ₹2.44 Cr (6% margin). Revenue has grown at a compounded annual rate of +101% over three years and +63% over five years.

  • ₹43.46 CrRevenue · FY 2025 · +65% YoY
  • ₹1.11 CrNet profit · 3% margin
  • ₹2.44 CrEBITDA · 6% margin
  • ₹1.1 LakhPaid-up capital
  • 31Employees (provident fund records)
  • +101%Revenue CAGR, 3 years
  • +63%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Aurafox Solutions Private Limited are on its company page.

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Detailed financial statements for Commutec

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  • Downloads

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Timeline of Commutec

4 dated milestones of Commutec across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Commutec is founded.
  2. Funding First funding round of $71K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $110K.

Competitors of Commutec

Commutec has 3 listed competitors in our database, 3 of them funded. They include MoveInSync, Routematic and Volercars.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
moveinsync.com2009Bengaluru, India$32.62M887
Employee transportation management solutions are provided for automated commutes.
routematic.com2007Bengaluru, India$47.13M547
Provider of employee transportation management platform with fleet and technology solutions
volercars.com2010Delhi, India$1.03M25
Self-drive cars are rented online via a booking platform.
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Detailed competitors of Commutec

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Verified entity values are shown only after access is granted.

Web traffic of Commutec

The website of Commutec (commutec.in) receives about 1.3K visits a month.

  • Monthly visits
    1.3K

    ▲ 20.1% vs previous month

Top companies in Road Transport Tech

3 companies that operate in the same segment as Commutec (Road Transport Tech) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing, electric vehicles, and financial solutions are provided via app.
2010Bengaluru, Karnataka, IndiaUSD 3.83 BUSD 278.63 M2,473
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions
2015Bengaluru, Karnataka, IndiaUSD 798.05 MUSD 19.11 M817
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
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Frequently Asked Questions about Commutec

Commutec was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Commutec is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.

Randeep Lobana is the CEO of Commutec, as recorded in our data. They have also founded this company.

Commutec is a funded company, having raised a total of $199.55K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $71.3K, raised on Apr 2019.

Commutec has 31 employees.

The primary company behind Commutec, Aurafox Solutions Private Limited, reported revenue of β‚Ή43.46 Cr for FY 2025, up 65% year on year.

Commutec was founded in 2016 and is based in Navi Mumbai, India. SaaS solutions for employee transport management are developed, focusing on the logistics sector. Vehicle capacity is optimized through algorithms, real-time GPS tracking is implemented, and SMS notifications are sent for updates. Route planning, shift rostering, vendor assignment, digital trip documentation, automated invoicing, emergency alerts, and management reporting are supported in operations.

Commutec's top competitors include MoveInSync, Routematic and Volercars.

Commutec offers Managed Transport, Shuttle Services, SAAS Platform, Fleet Management, and Corporate Car Rentals.

Commutec has 12 investors. Key investors include Shell, Shell E4, Shell, Prasad Menon, and Sanjay Kapoor.

The valuation of Commutec is $4.82M as of Jan 2022.

Commutec is associated with 2 legal entities: Aurafox Solutions Private Limited, Commuteck Software Solutions Private Limited.

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