Micromobility in the Middle East and Asia Jaideep Dhanoa of Fenix (ex Circ and Grab)

Oliver Bruce
Podcast
October 4, 2021

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*This week Oliver interviews Jaideep Dhanoa, Founder and CEO of Fenix,about his experience within the micromobility industry across Asia and theMiddle East. Jaideep is an absolute OG of the space. They talk about hisexperiences with the Chinese bikeshare boom while at Grab, his move back tothe Middle East with Circ and now his efforts with Fenix. They talk Turkeywhich is a market that hasn’t been on the radar till now, but could wellbecome the next Paris or Seoul. It's a great conversation and they reallyhope you enjoy as much as they did. *Specifically they dig into:- Jaideep’s background at Grab working on micromobility integrations, andwhy that foretold the future explosion of the sector.- His journey back to the Middle East and his efforts with Circ and thenthe rise from the ashes of Fenix.- The challenges and opportunities for the rise of micromobility in theGulf Cooperation Countries (GCC).- The significance of the funding rounds that they’ve received.- The largest markets across the Middle East and Central Asia.- Why Istanbul is the most interesting emergent market for micromobility,and what Fenix is doing to secure their position there.- Jaideep’s reflections on the overall space globally, and where he thinkswe’ll get to in 5 years.Our sponsor for the episode is U*biq. Ubiq is making shared mobilityprofitable. Most shared mobility businesses are not profitable, as 60%-80%of the demand is not met. *Ubiq is automating rebalancing operations toensure vehicles are in the right place, at the right time, to meet demand.This enables operators to increase revenue by *20% within 8 weeks *whilealso decreasing operational costs. *The solution? Automated Rebalancing andCharging as a Service. *Ensuring EV fleets remain charged is a majorchallenge for shared mobility and, if not managed effectively, can be ahuge drag on revenues. *Ubiq’s Charging as a Service gives you a head startby automating the charging process; its predictive engine is combined withcrowdsourced operational execution to provide easily scalable chargingoperations. This leads to an efficient charging process that will have amajor impact on revenue boosting.*Best part? It’s plug and play and you can get started right away. Get intouch to find out more here: https://l.linklyhq.com/l/c3iX

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