Scouto

Ahmedabad, India Founded: 2018 • Age: 8 yrs Acquired By Spinny
AI-powered car tracking and diagnostics solutions

About Scouto

Scouto is a company based in Ahmedabad (India) founded in 2018 was acquired by Spinny in February 2022. Scouto has raised $67.76 thousand across 1 funding round from investors including Spinny and Las Olas Ventures. The company has 11 employees. Scouto offers products and services including Scouto OBD2 Device, Scouto Mobile App, and API Design. Scouto operates in a competitive market with competitors including GoFar, CaRPM, Carly, E-Trailer and Carmen Automotive, among others.

Key Metrics
  • Annual Revenue
    ₹1,140

    FY 2025 · -100% YoY

  • Net Loss
    -₹3.60 Cr

    FY 2025

  • EBITDA
    -₹2.83 Cr

    FY 2025

  • Total Equity Funding
    $67.76K (USD)

    in 1 rounds

  • Latest Funding Round
    $67.76K (USD), Seed

    Sep 2020

  • Investors
    Spinny

    & 1 more

  • Employee Count
    11
  • Acquired by
    Spinny

    (Feb 2022)

Products & Services of Scouto

Scouto offers a comprehensive portfolio of products and services, including Scouto OBD2 Device, Scouto Mobile App, and API Design.

Scouto OBD2 Device
Hardware

Device for vehicle tracking and health monitoring services.

Scouto Mobile App
Software Application

App for connecting OBD2 device to enable smart car features.

API Design
Software Service

Adaptive API for integrated connected car solutions.

Funding Insights of Scouto

Scouto has successfully raised a total of $67.76K through 1 strategic funding round. The most recent funding activity was a Seed round of $67.76 thousand completed in September 2020. 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 $67,758
  • Total Rounds 1
  • Last Round Seed β€” $67,758
  • First Round $67,758

    (Sep 2020)

  • Investors Count 1

All 1 funding rounds of Scouto with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2020$67,758Seed–Las Olas Ventures
–
Valuation history

2 investors in total: 2 institutional.

Investors in Scouto

Scouto has secured backing from 2 investors. Prominent investors backing the company include Spinny and Las Olas Ventures.

All
InvestorDescriptionFounded YearDomainLocation
-
–lasolasventures.tcc.mode-
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015spinny.comGurugram, India
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Investor details for Scouto

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Board of directors of Quixote Automotive Technologies Private Limited (Scouto)

Quixote Automotive Technologies Private Limited is the primary company behind Scouto. The board of Quixote Automotive Technologies Private Limited currently have 2 directors; the longest-serving is Ramanshu Mahaur, appointed in 2021. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ramanshu Mahaur
DIN 07332483
Director24 Dec 20214 yrs 9 moQuixote Automotive Technologies Private Limited
Mohit Gupta
DIN 07383489
Director24 Dec 20214 yrs 9 moQuixote Automotive Technologies Private Limited

Financials of Scouto

Figures of Quixote Automotive Technologies Private Limited, the primary company behind Scouto, for FY 2025. Revenue was ₹1,140 (-100% year on year). Net loss was -₹3.60 Cr. EBITDA was -₹2.83 Cr. Revenue has grown at a compounded annual rate of -94% over three years and -62% over five years.

  • ₹1,140Revenue · FY 2025 · -100% YoY
  • -₹3.60 CrNet loss
  • -₹2.83 CrEBITDA
  • ₹1.2 LakhPaid-up capital
  • 11Employees (provident fund records)
  • -94%Revenue CAGR, 3 years
  • -62%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Quixote Automotive Technologies Private Limited are on its company page.

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Detailed financial statements for Scouto

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
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  • Downloads

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Timeline of Scouto

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

  1. Founded Scouto is founded.
  2. Funding First funding round of $68K.
  3. Exit Acquired by Spinny.

Competitors of Scouto

Scouto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GoFar, CaRPM, Carly, E-Trailer and Carmen Automotive, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gofar.co2014Sydney, Australia$1.08M–
Vehicle monitoring is enabled by OBD devices and mobile apps.
carpm.in2015Gurugram, India$100,00028
Car performance is monitored using OBD-II technology for real-time data.
mycarly.com2014Munich, Germany–34
OBDII adapters and apps for vehicle diagnostics are offered.
e-trailer.nl2015Delft, Netherlands––
Electric trailers and caravans are developed for mountain travel.
carmen.sg2015Singapore$930,000–
Provider of a smart device to monitor car performance
autowiz.in2015Bengaluru, India$130,054–
Connected vehicle data analytics platform and applications are provided.
bluedriver.com2006Mount Pearl, Canada––
Vehicle-diagnostic solutions are provided via OBD2 devices and mobile apps.
ezlynk.com2014George Town, Cayman Islands––
Provides an OBD-based device for vehicle diagnostics.
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Detailed competitors of Scouto

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Scouto

The website of Scouto (scouto.in) receives about 1.7K visits a month.

  • Monthly visits
    1.7K

    ▼ 1.5% vs previous month

Latest news on Scouto

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Complete news archive for Scouto

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Scouto

10 companies that operate in the same segment as Scouto (Automotive Technology & Systems), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Diversified loans are provided via an AI-enabled online marketplace.
2012Palo Alto, California, United StatesUSD 128.65 MUSD 1.04 B1,190
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B3,500
Cloud-based ERP software is provided for automotive and manufacturing sectors.
1972Austin, Texas, United StatesUSD 229.28 M–834
Predictive marketing and sales platform
1990San Francisco, California, United StatesUSD 332.76 M––
Digital media recognition solutions are provided for content management.
1993Emeryville, California, United StatesUSD 50.99 M–248
AI-driven dashcams and road safety solutions are provided for drivers.
2015Tel Aviv, IsraelUSD 149.5 M––
Dash cameras and automotive accessories are supplied by Nextbase.
1999United KingdomUSD 12.56 M––
AI-enabled driver monitoring and fleet safety management solutions
2015Palo Alto, California, United StatesUSD 182.84 M––
Automotive insurance is delivered via an online platform.
2016Chicago, Illinois, United StatesUSD 457.2 M––
AI-powered imaging for vehicle photography is provided by the platform.
2018Gurugram, Haryana, IndiaUSD 25.57 M––
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Frequently Asked Questions about Scouto

Scouto was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Scouto is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Scouto is a funded company, having raised a total of $67.76K across 1 funding round to date. The company's 1st funding round was a Seed of $67.76K, raised on Sep 2020.

Scouto has 11 employees.

The primary company behind Scouto, Quixote Automotive Technologies Private Limited, reported revenue of β‚Ή1,140 for FY 2025, down 100% year on year.

Scouto was founded in 2018 and is based in Ahmedabad, India, operating within the automotive technology sector. OBD port devices are supplied for vehicle integration, enabling tracking and diagnostics for health monitoring. Features such as live alerts and trip reports are included, with a mobile application accessible on Android and iOS platforms. Operations focus on real-time vehicle data management for fleet and personal use.

Scouto's top competitors include GoFar, BlueDriver and CaRPM.

Scouto offers Scouto OBD2 Device, Scouto Mobile App, and API Design.

Scouto has 2 investors. Key investors include Spinny, and Las Olas Ventures.

Scouto operates through Quixote Automotive Technologies Private Limited.

Yes. Scouto was acquired by Spinny in February 2022.

The legal entities of Scouto currently have 2 directors, including Ramanshu Mahaur, Mohit Gupta.

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