#Japan #Tokyo #Southeast Asia #United Inc #Movus Technologies

Investment in Mobility Infrastructure

United Inc. has recently announced its investment in Movus Technologies, a company dedicated to improving mobility infrastructure in Southeast Asia, specifically focused on ride-sharing subscription services for drivers. The firm aims to enhance the lives of individuals by making automobile access universally available. Their mission emphasizes equal opportunity in transportation, especially crucial in regions like Indonesia, where access to vehicles is limited for lower-income groups.

Understanding Movus Technologies

Founded in 2021 and headquartered in Chiyoda, Tokyo, Movus Technologies operates with the core mission of enhancing people’s lives through accessible automobile solutions. They leverage their unique credit model to provide subscription services to ride-share drivers who might struggle to obtain financing through traditional banking channels due to stringent loan approval processes.

Movus is strategically positioned as a holding company in Japan, overseeing operations that provide vehicle subscriptions in Indonesia. This approach allows them to procure Japanese cars at competitive rates, offering them to local drivers for a monthly fee. After the subscription period ends, users have the potential to acquire ownership of the vehicle, contributing to an increase in their earnings as ride-share providers.

The company employs innovative digital tools to assess creditworthiness, coupled with IoT devices that enable remote monitoring. This system helps mitigate the risk of loan defaults while ensuring a sustainable service model.

The Rationale Behind United's Investment

The ride-sharing market in Indonesia is burgeoning, with an estimated 74 million users and approximately 3.5 million drivers. Despite the growth, only about 7% of the population owns vehicles, largely due to limited access to financial resources, presenting a significant challenge for potential drivers. Movus Technologies addresses this gap through its unique operations, facilitating the entry of low-credit individuals into the ride-sharing economy.

By sourcing low-interest capital from Japan and focusing on profitability through efficient operations, Movus is well-positioned to capitalize on a rapidly growing market. United has acknowledged the considerable business acumen of CEO Takehiro Sakai, whose experience in Indonesia adds substantial strategic value to the company.

United perceives their investment in Movus Technologies as a manifestation of their corporate purpose: to maximize the power of intention while accelerating societal advancement. By providing economic opportunities to low-income individuals who face barriers to traditional financing, Movus is contributing to social problem-solving and fostering financial independence.

Future Outlook

With new funding, Movus Technologies intends to enhance its vehicle procurement operations, product development, and advertising initiatives. United plans to support Movus in its expansion efforts, further solidifying their commitment to transforming mobility access in Southeast Asia.

United Inc.'s Investment Focus

United Inc. operates with a clear mission to maximize intention and accelerate societal good. With more than 20 years of experience in investing in internet businesses and supporting startups, United focuses on seed and early-stage companies in Japan. Their investment strategy is entirely self-funded, allowing for agile decision-making and rapid responses. Post-investment, they offer a wealth of operational expertise, funding assistance, and guidance towards successful exits.

United remains dedicated to actively investing in startups that possess promising business models. Through strategic partnerships like the one with Movus Technologies, they aim to continue addressing societal needs while generating profitable returns.

Company Profiles

Movus Technologies, Inc.

• - Headquarters: 3-12-4 Big 1st Kishi Building, 4, 5F, Uchikanda, Chiyoda, Tokyo, 101-0047
• - Established: February 15, 2021
• - CEO: Takehiro Sakai
• - Business: Vehicle subscription services for ride-sharing drivers
• - URL: https://mo-vus.com/

United, Inc.

• - Headquarters: 1-2-5 MFPR Shibuya Building, Shibuya, Tokyo, 150-0002
• - Established: February 20, 1998
• - CEO: Tomonori Hayakawa
• - Business: Investment, education, human resource matching, ad tech and content business
• - URL: https://united.jp/

Through strategic investments aimed at improving mobility solutions in Southeast Asia, United Inc. and Movus Technologies are embarking on a transformative journey, reflecting the increasing need for accessible transportation options across the region.