Technology will be crucial in improving public transportation networks in emerging markets. Deep tech can assist in rationalizing a large volume of data in order to build inference. However, many emerging markets lack data because it is fragmented and non-standardized. The public transit agencies in emerging markets should follow open data and open-source principles. This will help the entrepreneurs to build various applications.

Devin shared his personal experience of building a bootstrap business and how he raised funding from notable investors. He shared some valuable entrepreneurial lessons and his journey from bootstrapped startup to venture-capital-backed business. He highlighted in this part that Ideas are a dime and it takes a lot of grit and determination for founders to run with an idea, turn it into a business, and then scale it.

Devin de Vries is CEO and co-founder of WhereIsMyTransport. The company is building the largest source of mobility and location data for emerging markets, producing, and maintaining public transport network information from every mode of transport. The company has collected data from various cities across Southeastern Europe, Latin America, Southeast Asia, and South Asia.