Profession: CEO of Taxify. Thanks to the Bolt team in Kenya and iHub, tech developers can pick two or three useful guidelines from Villig’s story on the journey to Bolt. It was then granted a 15-month extension, with another two months recently added onto its operating period.Copyright © 2020 BusinessTrumpet  News. Markus Villig of Taxify. In London, Black Cab drivers have to endure at least [...]Bolt Enters The Electric Bike-Sharing Market With A Pilot Launch In ParisBolt Raises $109 Million To Keep The Heat On Uber As Cities Open UpBy The Numbers: Meet The Forbes Under 30 Europe Class Of 2020 Bolt has a zero-tolerance policy against alcohol and drug use. Ever been told that you are “too young”? This includes investment in existing services such as Bolt operates their app, which enables people to hail rides from their smartphones. According to CNBC News, at age 19, Villig dropped out of college after just one semester studying computer science at the University of Tartu, in Estonia, as his ride-hailing app, Taxify (now known as Bolt), began to take off.Villig started the business with a 5,000 euro ($5,565) loan from his family to build a prototype of the app, the summer after graduating from high school.He was inspired by Skype, which was founded in his home country of Estonia in 2004, showing a technology business “could be launched from anywhere.”“I realized that tech is one of those industries where you can have huge leverage in the fact that you can accomplish big things with a very small team,” he told CNBC.Villig said he remained disciplined with business costs by avoiding “hiring loads of people or doing expensive marketing campaigns.”In fact, Villig took to the streets himself in Estonia’s capital Tallinn to recruit taxi drivers in the early days of the business.“Ultimately it comes down to being extremely customer focused and frugal,” he said. The financing, supported by the European Fund for Strategic Investments (EFSI), is to boost Bolt's product development in areas where technology can improve the safety, reliability and sustainability of its services. Stripe, Revolut and TransferWise are among the billion-dollar startups founded in Europe calling for a shakeup today in how stock options are awarded across the continent.As compared to other companies in France, the UK and Germany that had to deal with relentless startup busting, Taxify has a better chance to grow into being a threat to Uber and other ride-hailing giants.The automotive industry faces a future with fewer vehicles, varied levels of specialization and adaptation depending on the needs of each trip, a focus on the options for what users want to do while traveling, and autonomous vehicles. Mobility startups in Africa are in for a rollercoaster ride as a leading player in the African digital mobility sector, Estonia-headquartered “While the crisis has temporarily changed the way we travel, long-term trends that favor mobility on demand, such as the decrease in the number of personal cars and the switch to greener means of transport, continue to develop.” accentuate, ” comments 25-year-old Markus Villig, CEO of Bolt.Launched in 2013 by Martin and Markus Villig under the name Taxify, Bolt is developing numerous mobility services (VTC, motorcycle taxis and even free-floatting electric scooters), in more than 150 cities in Europe and Africa. Bolt (then called Taxify) was founded by Markus Villig (then only 19 years old, a high-school student) in 2013, with a vision to aggregate all In 2017, Taxify launched its services in London by acquiring a local taxi company with a licence to operate, but was forced by Following the setback in London, Taxify launched its services in Paris and In September 2018, the company announced expanding into In June 2019, Bolt re-launched in London with 20,000 drivers registered on the platform.In August 2019, the company rolled out its food delivery service, Bolt Food. The Green Plan goals include offsetting Bolt's contribution to the CO₂ emissions of the European transportation sector by at least 5 million tonnes by 2025 and adding more green ride-types for passengers to choose from.In March 2020, Bolt was ranked third in the FT 1000: Europe's Fastest Growing Companies 2020 published by the In January 2020, the European Investment Bank (EIB) signed a EUR 50 million venture debt facility with Bolt. Markus Villig knew he wanted to start a tech company when he was as young as 12. While his initial vision was to focus on taxis in Tallinn, Estonia, the founder and CEO has grown Taxify rapidly in the last four years. His company, Taxify, is now Europe’s fastest growing transport app, growing at over 20% per month. Joining me today is the founder of that company. The service now has over five million customers and over 100,000 drivers. The platform we’re talking about, of course, is Taxify. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions. Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. The application is available for Bolt has stressed the importance of customer safety. “That’s the only reason why we exist as a company,” he said, highlighting Bolt’s “steady, sustainable growth.” The ride-hailing startup is near identical to Uber in function. At age 19, Villig dropped out of college after just one-semester studying computer science at the University of Tartu, in Estonia, as his ride-hailing app, Taxify (now known as Bolt), began to take off. The logo was on cars everywhere and even on taxis! The logo was on cars everywhere and even on taxis!