Yego Innovision was established in Rwanda in 2016. Yegomoto, a completely new concept of installing Meters on Taxi-Motos was introduced in 2017. In January 2018, the company introduced ‘Ride-Tap-Pay’ a seamless and cashless way to pay for Taxi-Moto Rides. In September 2018 Yegocabs was launched and in March 2020 Yego Delivery came to the rescue of those stuck at home, who needed essential items delivered.
Yego has built an unrivalled platform that uses ‘Intelligent Connected Fare Meters’ also referred to as ‘Smart Meters’. The Meters calculate the fare based on the distance travelled, on completing a Trip a passenger can pay by tapping an NFC card on the Meter, using Mobile Money via USSD, or effortlessly by using the App.
The Cash payment option is still available, put is planned to be phased out to protect against Covid-19 transmissions. The details of each journey on a Moto are Cab are recorded, including the pick-up and drop points, fare paid, the time taken, and the mode of payment made. These details are then electronically sent to the customer via SMS and email.
Apart from the innovative transport solutions, the company also contributes to changing the lives of its Driver Partners.
Yego Innovision’s CEO, Karanvir Singh, says the idea of installing Meters in Taxi-Motos came after realizing that there were many challenges that needed to be addressed in this area of transportation.
“When I attended Transform Africa in 2015, I had the opportunity to meet with several Senior Government officials who told me they were looking for a technological solution that would address the challenges of Safety, Security, Accountability, Tax Compliance, etc. in the work of transporting people on motorcycles. We conducted market research for over 9 months and this is when we came up with the idea of installing a Smart Meter and GPS tracker on each Taxi-Moto.”
By installing the Meter and GPS, Yego was able to address the issues of arguing over the fare, cash payments and waiting for change, motorcycle theft and unlicensed Moto Drivers that were also involved in crime.
In addition to the Meters and Metering Platform, Yego also created a national digital database with the National ID, recent photographs, verified phone numbers of both Owners and Drivers, RURA authorization, Control Technique, Yellow Book and Insurance etc. all the information was made available free of charge to the Stakeholders for monitoring and compliance.
Besides reforming the way Taxi-Motos operate, Yego Innovision has been instrumental in improving the lives of its Driver Partners. Yego has entered into a Partnership with the Bank of Kigali, where it will provide data from its big data platform to help the Bank of Kigali provide loans to Taxicab and Taxi-Moto Drivers. Together, they hope to bring in 600 new cars and refresh the Taxi Fleet in Kigali.
Karanvir says that in Yego Innovision Ltd the well-being of its partners is improving.
"What we want is for our Driver Partners to have a better future, so we provide Credit Scores that helps them finance to be able to start their own business, or to buy a new car," he said.
“Outside we may be looking like other tech companies, only we as a company have built different goals. Everything we do is meant to make a difference in the lives of others, not just drivers, but also society in general."
Through this partnership between the Bank of Kigali, last month gave loans to three taxi drivers to buy brand new cars zero kilometer cars.
The pledge continues
So far Yego Innovision has installed Meters in 1,140 Taxi Cabs and in 4,460 Taxi-Motos in Kigali and is continuing with its roll-out. After Kigali, Yego plans to install Meters in the 45,000 Taxi Motos up country.
Singh says Government’s order compelling all motorcycles to use meters will help digitize and organize the Moto-Taxi Industry.
"Yego Innovision is ready to expand its operations beyond Rwanda and has already set up a company in Kenya just waiting for Covid-19 to reduce its severity to start operations," he said.