MyCommut

Delhi, India Founded: 2020 • Age: 6 yrs
Operates an app-based carpooling platform to facilitate shared rides.

About MyCommut

MyCommut was a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2020 by Ankita Verma and Nitin Garg. It operates an app-based carpooling platform to facilitate shared rides. It operates on a Marketplace model. The company is recorded as dissolved. Its focus areas include Transportation, Mobility Services, Carpooling and App-based Platforms. Its legal entity in India is Mycommut Tech Services Private Limited (U72900DL2020PTC374260). Similar companies include Uber, Careem, Lyft, Cabify and Didi and 3 more; 8 of its 8 listed similar companies have raised funding.

Company details

MyCommut operates an app-based carpooling platform to facilitate shared rides through providing transportation services, mobility services, carpooling, and app-based platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Key Metrics
  • Annual Revenue
    ₹8,775

    FY 2022 · -34% YoY

  • Net Loss
    -₹1.3 Lakh

    FY 2022 · -1523% margin

  • EBITDA
    -₹1.3 Lakh

    FY 2022 · -1523% margin

  • Employee Count
    1

Board of directors of Mycommut Tech Services Private Limited (MyCommut)

Mycommut Tech Services Private Limited is the primary company behind MyCommut. The board of Mycommut Tech Services Private Limited currently have 2 directors; the longest-serving is Nitin Garg, appointed in 2020.

DirectorDesignationAppointedTenureEntity
Nitin Garg
DIN 08909823
Director07 Dec 20205 yrs 10 moMycommut Tech Services Private Limited
Ankita Verma
DIN 08909824
Director07 Dec 20205 yrs 10 moMycommut Tech Services Private Limited

People of MyCommut

2 people are tracked at MyCommut (2 in leadership); the tracked headcount is 1.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of MyCommut

Figures of Mycommut Tech Services Private Limited, the primary company behind MyCommut, for FY 2022. Revenue was ₹8,775 (-34% year on year). Net loss was -₹1.3 Lakh (-1523% margin). EBITDA was -₹1.3 Lakh (-1523% margin).

  • ₹8,775Revenue · FY 2022 · -34% YoY
  • -₹1.3 LakhNet loss · -1523% margin
  • -₹1.3 LakhEBITDA · -1523% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Mycommut Tech Services Private Limited are on its company page.

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Detailed financial statements for MyCommut

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Similar companies to MyCommut

MyCommut has 8 listed similar companies in our database, 8 of them funded. They include Uber, Careem, Lyft, Cabify and Didi, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
uber.com2009San Francisco, United States$13.21B31,100
An online platform providing ride-hailing and food delivery services
careem.com2012Dubai, United Arab Emirates$771.7M–
Rides and deliveries are facilitated via a mobile app platform.
lyft.com2007San Francisco, United States$5.02B4,419
App-based ride-hailing aggregator
cabify.com2011Madrid, Spain$516.67M–
Ride-hailing services are offered via a mobile app platform.
didiglobal.com2012Haidian, China$20.77B1
An AI-enabled platform is operated for ride-hailing and on-demand services.
gett.com2010Tel Aviv, Israel$1.02B–
Rides are hailed through an app-based platform.
kakaomobility.com2015Seongnam-si, South Korea$989.5M–
Integrated transportation services are delivered through a mobile app.
heetch.com2013Paris, France$74M–
App-based taxi-hailing services are offered in select European cities.
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Detailed similar companies of MyCommut

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Top companies in Public & Shared Mobility

10 companies that operate in the same segment as MyCommut (Public & Shared Mobility), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Bus services are operated across regions from Scotland.
1995Aberdeen, Scotland, United Kingdom–USD 6.29 B35,720
Multi-category news is delivered via an online government platform.
1971United States–––
Bus and passenger rail services are operated in New Jersey.
1979Newark, New Jersey, United States–––
Twisto is operated as the public transportation provider for Caen la mer.
1977Caen, FranceUSD 5.87 M––
Public bus transportation services are operated in Spain by TMB.
1979Spain–––
Express and local bus services are operated across the UK.
1980Stockport, Greater Manchester, United Kingdom–––
Dallas Area Rapid Transit is operated as a public transit provider in North Texas.
1983United States–––
Public transit services are provided by MARTA in Atlanta.
1979United States–––
Public transportation services are operated in Austin.
1985Austin, Texas, United States–––
Public transportation services are provided in Houston's metropolitan area.
2000Houston, Texas, United States–––
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Frequently Asked Questions about MyCommut

MyCommut was founded in 2020.

MyCommut is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

MyCommut has 1 employees.

The primary company behind MyCommut, Mycommut Tech Services Private Limited, reported revenue of β‚Ή8,775 for FY 2022, down 34% year on year.

MyCommut operates an app-based carpooling platform to facilitate shared rides through providing transportation services, mobility services, carpooling, and app-based platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

MyCommut's top competitors include Uber, Careem and Lyft.

MyCommut operates through Mycommut Tech Services Private Limited.

The legal entities of MyCommut currently have 2 directors, including Nitin Garg, Ankita Verma.

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