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028: Karan Singh -- Going Beyond a Platform Play with Rwanda's Yegomoto
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When? This feed was archived on July 19, 2024 00:25 (). Last successful fetch was on October 16, 2023 13:44 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 218716502 series 2136143
Karan Singh is the founder and CEO of Yegomoto, Rwanda’s motorcycle taxi ride-hailing startup. You can connect with him @yegomotoafrica on Twitter. Karan is a successful entrepreneur who grew flourishing businesses in both India and Singapore. In 2015, he travelled to Rwanda on business and saw an opportunity to use tech to organize the informal motorcycle taxi sector, which is prone to road accidents and associated with theft and crime. The Rwandan government had even banned, albeit briefly, motorcycle taxis from Kigali around this time, but as the main means of transportation, they had to let them back onto the streets. He set up Yegomoto which mounts a IOT-enabled device with a point of sales terminal onto all of its bikes, which helps drivers, who are earning better wages and avoiding deadly accidents, and riders, who no longer have to haggle for fares and are safer. And the exciting part of Yegomoto’s business model is that it can use the reams of data on its bikes, including the speed, location, fare costs, for other businesses. In fact, Karan, who is quite the ambitious and forward-thinking entrepreneur, doesn’t see Yegomoto as just a platform play but rather an infrastructure play, which he explains in fascinating detail. We talked about Karan’s long-term vision for Yegomoto, why it’s different from other ride-hailing apps like Taxify and Uber, and the four questions he asks every aspiring entrepreneur. Without further ado, here’s my conversation with Karan Singh.
22 episodes
Archived series ("Inactive feed" status)
When? This feed was archived on July 19, 2024 00:25 (). Last successful fetch was on October 16, 2023 13:44 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 218716502 series 2136143
Karan Singh is the founder and CEO of Yegomoto, Rwanda’s motorcycle taxi ride-hailing startup. You can connect with him @yegomotoafrica on Twitter. Karan is a successful entrepreneur who grew flourishing businesses in both India and Singapore. In 2015, he travelled to Rwanda on business and saw an opportunity to use tech to organize the informal motorcycle taxi sector, which is prone to road accidents and associated with theft and crime. The Rwandan government had even banned, albeit briefly, motorcycle taxis from Kigali around this time, but as the main means of transportation, they had to let them back onto the streets. He set up Yegomoto which mounts a IOT-enabled device with a point of sales terminal onto all of its bikes, which helps drivers, who are earning better wages and avoiding deadly accidents, and riders, who no longer have to haggle for fares and are safer. And the exciting part of Yegomoto’s business model is that it can use the reams of data on its bikes, including the speed, location, fare costs, for other businesses. In fact, Karan, who is quite the ambitious and forward-thinking entrepreneur, doesn’t see Yegomoto as just a platform play but rather an infrastructure play, which he explains in fascinating detail. We talked about Karan’s long-term vision for Yegomoto, why it’s different from other ride-hailing apps like Taxify and Uber, and the four questions he asks every aspiring entrepreneur. Without further ado, here’s my conversation with Karan Singh.
22 episodes
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