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Kenyan Bus Management Startup Data Integrated Secures Funding From Toyota Tuosho

Toyota has purchased Data Integrated’s convertible bonds (convertible bonds = CB) through its subsidiary CFAO, a French trading company, and Mobility 54.

Ola Olaoluwa
Ola Olaoluwa

Toyota Tsusho has invested in “Data Integrated,” an eight-year-old startup that develops and provides operation management systems for bus operators in Kenya. The company collects bus location information in real time and provides it to businesses and passengers. Toyota Tsusho will support the digitization of bus traffic in Kenya, where it is difficult to understand the operation status.

CEO and founder, Data Integrated, Mary Mwangi. Image Source: Afrikanheroes.com

Afrikan Heroes reports that Toyota Tsusho is actively investing in transportation IT in Africa, such as investing in “Tugende”, a motorcycle leasing business in September. The investor’s policy is to comprehensively link businesses with the services of the investees. For example, Tugende will financially support those who want to start a bus business in Kenya, and Data Integrated will provide consistent support for the operation management system after starting a business.

Expressing her delight for the newly secured investment, CEO and Founder of Data Integrated, Mary Mwangi said, “We are very happy to welcome mobility54 a Toyota group of companies as an investor and partner.”

Kenya In Focus:

Population: 52.6 million (Compared to South Africa's 59.6 million)

GDP: $95.5 billion (Compared to South Africa's $369.85 billion)

GDP Per Capita: $1,750 (Compared to South Africa's $6,193)

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Ola Olaoluwa

Writer | Economist | Actor | Fashion Entrepreneur