Hi there,
Hope you are doing well. COMED-K can be considered as an alternate exam to K-CET. Some students will be having a dream to join in some colleges and due to small variation in their rank or merit, they could not join that colleges. Even if students desire to pursue their undergraduate career from different states, COMED-K is very helpful. For this exam, there will be no much competition when compared to JEE and K-CET. But at the same time, the admission fees will also be high. Every colleges have some reserved amount of seats just for admitting students through COMED-K. They will not provide any scholarships. It is as if you are taking admissions in a private college. I hope you got the point after reading this answer.

Best of luck.

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