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Under 30 Technology

07 July 2019

By: Forbes Africa

Mhlari is a master of perseverance. When he first created an information management system using big data and artificial intelligence to solve problems for vehicles such as predicting and detecting vehicle breakdowns, he was rejected 11 times by the manufacturers and insurance companies he approached. The rejections were his greatest motivation.

“I realized we were rejected not because what we were doing was not novel or attractive; we were rejected because they thought what Rikatec wanted to do was impossible. We were simply ahead of our time,” says Mhlari.

He founded a marketing consultancy, where he hosted events and advised small business on strategy; made money and funded the development of Rikatec prototypes. He also made a noise about the difficulties of support and funding for tech startups. It earned him a R500,000 ($40,000) investment to commercially test the product in exchange for 5% equity in the business.

Today, Rikatec simultaneously provides a connection to the nearest help option within five minutes of breakdown detection. The company also provides predictive maintenance for fleets, monitors driving habits, wear and tear and uses big data and analytics to provide valuable information that can help reduce operational costs.

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