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  5. Smart Commut Technologies Pvt. Acquires H2O Cabs

M&A Deal Summary

Smart Commut Technologies Pvt. Acquires H2O Cabs

On March 21, 2016, Smart Commut Technologies Pvt. acquired internet software and services company H2O Cabs

Acquisition Highlights
  • This is Smart Commut Technologies Pvt.’s 1st transaction in the Internet Software and Services sector.
  • This is Smart Commut Technologies Pvt.’s 1st transaction in India.

M&A Deal Summary
Date 2016-03-21
Target H2O Cabs
Sector Internet Software and Services
Buyer(s) Smart Commut Technologies Pvt.
Deal Type Add-on Acquisition

Target

H2O Cabs

Hyderabad, India
H2O Cabs is an app-based cab service company. It offers point to point cab service on fixed routes in Hyderabad, and lets users book a seat in A/C, Wi-Fi enabled cabs.

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Buyer(S) 1

Buyer

Smart Commut Technologies Pvt.

Hyderabad, India
Category Company
Founded 2015
Sector Internet Software and Services
DESCRIPTION

Commut is a technology-based minibus shuttle service for daily office commuters. It enables the users to book a ride from a specific pickup to a specific drop point.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2016 M&A 1 of 1
Mergr

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