Uttar Pradesh-based Lithium Urban Acquires SmartCommute

UP-headquartered Lithium Urban Technologies, a leading corporate sustainable mobility solutions provider, announced today its 100% acquisition of SmartCommute, an end-to-end Employee Transport Services SaaS platform.

With this move, the company now looks forward to evolving into a full-stack transportation solutions provider across form factors, providing the required mettle to lead India’s progress in the smart mobility space.

SmartCommute was founded in 2014 with the purpose of simplifying employee transportation services for corporates across the country. The SaaS-based platform has been built in such a way that it creates value for every touchpoint of a corporate’s employee transportation needs; from automated rostering, to back-to-back cab routing, trip allocations, real-time tracking & monitoring, risk management, personal safety management, automated billing and data analytics.

With the seamless integration of this platform, Lithium will now be equipped to expand further into the potential rich transportation segments including freight and rapid bus transit among others. Further, Lithium will also cater to both electric and non-electric vehicles, making it a one-stop-solution for smart transportation services across different form factors for its client portfolio.

Sanjay Krishnan, Founder, Lithium, said, “With this acquisition, we aim to expand our presence in the larger transportation and mobility ecosystem and provide full-stack services, going beyond sustainable corporate mobility solutions. Moreover, we are aiming to help clients seamlessly transition from ICE to electric vehicles given the tight integration that this platform will provide, with EVs & charging station telematics, and scheduling algorithms. We see this development as a validation to our commitment to our vision of transforming the mobility space in India.”

In the pre-COVID world, around 30,000 employees in over 3000 vehicles, across Bangalore, Mumbai, Pune, Kolkata, New Delhi and Hyderabad were commuting on a daily basis on the SmartCommute platform. The company’s client portfolio included marquee clients including Capgemini, L&T Infotech, KPIT and TCS to name a few.

“Our cutting edge technology platform enables substantial cost efficiencies, while enhancing employee safety and convenience. Employee transportation is a multi-billion dollar market in India and Lithium powered with SmartCommute technology will be in a formidable position to become a leader in this market,” said Ajit Patil, Co Founder, SmartCommute.