What Asia Mobiliti does

Asia Mobiliti (legal entity: Asia Mobility Technologies Sdn Bhd) is a Malaysia-headquartered mobility-technology company founded in 2018 by Ramachandran Muniandy (CEO) and Premesh Chandran (Non-executive Chairman) to digitalise transport in emerging markets. The company operates a software-defined mobility platform organised around three pillars — IoT and Machine Learning, Transit Technology, and Mobility-as-a-Service — and serves governments, transit authorities, expressway operators, railway operators, and large fleet operators. Core offerings include the Trek MaaS app (Southeast Asia's first multimodal MaaS application combining Trek Rides demand-responsive transit, Trek Journey multimodal planning, and Trek Tix ticketing with ERL airport rail integration), proprietary IoT products (IOroad drive-by pavement monitoring, IOrail drive-by rail condition monitoring with documented 100% defect detection on KTMB track, and the Orion dual-LTE/Sigfox eSIM telematics device), plus AI-based TransportGPT for driver screening delivered through its VelocityAI venture and a Bus Buddy joint-venture school-transport platform.

The company's business model blends multiple revenue streams: per-ride DRT fares (RM1.00 per ride, 60-80% below conventional ride-hailing), custom-quoted MaaS platform licensing and IoT hardware deployments with government and enterprise clients on multi-year contracts, ticketing transaction fees via Trek Tix, and advertising-technology revenue through the Truck It partnership. Pricing for enterprise IoT and MaaS solutions is not publicly disclosed; consumer-facing DRT fares are transparent. Asia Mobiliti generates demand primarily through direct enterprise sales to government ministries and transit authorities, supported by industry-conference presence and strategic partnerships, while the Trek app provides a self-serve consumer channel on Google Play and Apple App Store.

Asia Mobiliti has approximately 20+ employees, was valued at approximately RM50 million (~USD 11 million) at its October 2022 Pre-Series A round of RM5 million (~USD 1.06 million) led by DVE Sapta with participation from Gamlite IT, and has secured recognition including Frost & Sullivan 2024 Asia-Pacific Customer Value Leadership, QBE AcceliCITY Top 100 Resiliency Solution, and Entrepreneurship World Cup Global Finals 2023 (only Malaysian startup selected). Operating geographies span Malaysia (HQ in Shah Alam, Selangor), with active international deployments in Oman (Muscat DRT with MTCIT) and Timor-Leste (Bus Buddy school transport), and partnership-driven expansion into Thailand, Indonesia, Bulgaria/Eastern Europe (Theoremus), and the UAE.

Name

Asia Mobiliti

Legal name

Asia Mobility Technologies Sdn Bhd

Website

https://asiamobiliti.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Asia Mobiliti is a Malaysia-based mobility-technology company that builds IoT, AI, and Mobility-as-a-Service products (Trek app, IOroad, IOrail, Orion) for governments, transit authorities, railway and expressway operators, and fleet operators across Southeast Asia, the Middle East, and Eastern Europe.

Ownership category

akta.pro rank

Product category

Mobility-as-a-Service Software

NAICS

Support Activities for Transportation (488), Other Support Activities for Transportation (4889), Bus and Other Motor Vehicle Transit Systems (485113), Support Activities for Road Transportation (4884), Other Support Activities for Road Transportation (48849)

SIC

Transportation Services (4700), Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)

akta.pro primary industry

Multimodal Trip Planning, Routing & Journey Orchestration Platforms (THADALAA)

akta.pro secondary industries

Mobility Aggregation & Booking (Multi-Provider Marketplace) Platforms (THADALAB), Public Transit MaaS Integration Platforms (GTFS/RT, APIs, Real-Time Ops Feeds) (THADALAE), Transit, Traffic & Mobility Data Platforms (BPAMANAH)

Keywords

• Mobility-as-a-service platform
• Demand-responsive transit
• IoT telematics solutions
• Railway condition monitoring
• Pavement monitoring systems

Headquarters

HQ city

Selangor

HQ country

Malaysia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Demand-Responsive Transit (DRT) Service Revenue: Asia Mobiliti operates Trek Rides, a DRT service where passengers book rides through the Trek app. Fares are charged per ride (e.g., RM1.00 for Rapid Bus POC), typically 60-80% lower than conventional ride-hailing with no surge pricing. The company generates revenue through fare collection from commuters, with fleet partner operators providing vehicles and drivers under a partnership model.
2. MaaS Platform Licensing and SaaS: Asia Mobiliti provides its software-defined mobility operating system to cities, transit authorities, and transport operators on a licensing or subscription basis. The core MaaS engine powers journey planning, demand-responsive transit, and multimodal integration, sold to government and enterprise clients for deployment in their respective markets.
3. IoT Hardware and Monitoring Solutions: Sale and deployment of proprietary IoT devices (Orion, IOroad, IOrail) and associated monitoring platforms to fleet operators, railway companies, and expressway operators. Revenue generated from system deployment, hardware supply, and ongoing monitoring service fees.
4. Transit Ticketing and Account-Based Payments: Trek Tix provides transit ticketing integration allowing users to purchase tickets (e.g., KLIA Ekspres/KLIA Transit) within the Trek app with in-app QR code scanning. Revenue may be generated through transaction fees or commissions on ticket sales.
5. Advertising Technology (Truck It 2.0): Telematics and geo-mapping technologies provided to Truck It enable targeted fleet advertising. Asia Mobiliti earns revenue through technology provision enabling advertisers to target audiences based on vehicle location and demographics.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Asia Mobiliti builds and operates a software-defined mobility platform that combines IoT telematics, machine learning, and Mobility-as-a-Service technology to deliver demand-responsive transit, multimodal journey planning, transit ticketing, road/rail condition monitoring, and fleet telematics for governments, transit authorities, and fleet operators in developing-world cities. Its flagship consumer product is the Trek multimodal MaaS app, while its enterprise offerings include the IOroad pavement monitoring system, IOrail railway condition monitoring system, Orion dual-connectivity IoT device, and TransportGPT driver screening platform.

Product overview

Asia Mobiliti operates a platform-plus-modules architecture built around a core software-defined MaaS engine. The flagship Trek app serves as the unified consumer interface combining three primary modules: Trek Rides (DRT service), Trek Journey (multimodal journey planner), and Trek Tix (transit ticketing). Supporting the MaaS platform are IoT and machine learning products including IOroad (pavement monitoring) and IOrail (railway condition monitoring), both using drive-by sensing with ML-powered predictive analytics. The IoT product line includes Orion (dual-connectivity telematics device), Secure Freight (logistics access management), Transit Connect (fleet monitoring), Vehicle Sense (UBI/preventive maintenance), and Track & Trace (supply chain monitoring). OMNImile provides microtransit analytics for city planning, while TransportGPT (via subsidiary VelocityAI) offers AI-powered driver screening. The Bus Buddy joint venture extends capabilities into school transport. All products share a common IoT cloud platform and data architecture enabling interoperability across solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Trek: Multimodal MaaS app featuring Trek Rides (DRT service), Trek Journey (multimodal journey planner), and Trek Tix (ticketing integration)
• IOroad
• IOrail
• Secure Freight
• Orion

Products and services

• Trek MaaS App Southeast Asia's first multimodal Mobility-as-a-Service consumer app integrating Demand-Responsive Transit booking, multimodal journey planning, and transit ticketing with in-app QR code scanning. Targets urban commuters in developing-world cities for affordable first-mile/last-mile connectivity to mass transit.
• Trek Rides Demand-Responsive Transit (DRT) On-demand Demand-Responsive Transit service operating in geofenced zones with intelligent routing and shared rides at 60-80% lower cost than conventional ride-hailing. Targets urban commuters and underserved populations needing first-mile/last-mile access to public transit.
• IOroad Pavement Monitoring System Drive-by pavement monitoring system using IoT sensors on service vehicles combined with machine learning to capture vibration data and translate it into International Roughness Index (IRI) values for real-time road condition monitoring and predictive maintenance. Sold to expressway corporations, highway operators, and municipal road authorities.
• IOrail Railway Condition Monitoring System Railway track condition monitoring system using custom IoT devices installed onboard trains to perform automatic track defect detection from vibration signals. Machine learning algorithms create a digital twin of railway tracks enabling predictive maintenance. Targets railway operators and rail asset owners seeking cost-effective alternatives to wayside monitoring infrastructure.
• Orion Dual-Connectivity IoT Device Industry-first IoT device for buses featuring dual LTE and Sigfox connectivity in a single device. 4G LTE connectivity is enabled via embedded SIM (eSIM) for wireless provisioning without physical SIM cards; Sigfox module enables low-power wide area network (LPWAN) asset tracking for up to 12+ months on battery power. Sold to fleet operators, bus operators, and transit agencies.
• TransportGPT (VelocityAI) AI-powered transport operating system providing driver screening, background checks, criminal record verification, license verification, and compliance monitoring as part of driver onboarding for fleet operators in the transport and logistics sector. Targets fleet operators and logistics companies across Malaysia, Thailand, and Indonesia with a target of 2,000 connected vehicles by 2028 and 500,000 across ASEAN by 2032.
• Secure Freight Telematics-backed smart access management solution for the logistics industry that combines Asia Mobiliti's IoT platform with igloohome's Smart Padlock to deliver location-aware, time-sensitive access control for goods in transit using algoPIN keyless access technology.
• OMNImile Mobility Data Hub Data hub for on-demand microtransit and mobility analytics providing mobility service designers and city planners with insights and simulation capabilities for first-mile/last-mile connectivity planning. Developed in partnership with Padam Mobility and CITYDATA.ai for the Toyota Mobility Foundation's CATCH challenge.
• Bus Buddy School Transport Platform Integrated digital school transport platform provided through joint venture Bus Buddy Technologies Sdn Bhd, delivering real-time fleet tracking, digital student registration, automated pick-up/drop-off notifications, route optimization, and centralized administrative dashboard for schools. First launched in Timor-Leste with planned expansion to Indonesia and Pacific Island countries.

Quantifiable outcome

• 100% detection rate of manually observed railway track defects, with two times the number of anomalies detected compared to manual inspections, across 135,000+ km of track distance
• +3 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability10 records

Feature6 records

Partnerships

25 partnerships are on record, tiered core, strategic, minor and flagship.

• VenovoxcoreTechnology or Integration · 18 June 2026VelocityAI Data Tech (a venture of Asia Mobiliti) integrates Venovox's comprehensive driver and logistics personnel screening services into the TransportGPT platform. Services include background checks, criminal record screening, license verification, and compliance monitoring for driver onboarding. Enhances road safety, workforce integrity, and operational governance for fleet operators.
• TheoremuscoreTechnology or Integration · 20 October 2025MoU signed during 9th Selangor International Business Summit 2025 to jointly explore and develop intelligent transport solutions across Asia and Eastern Europe. Asia Mobiliti provides digital mobility platform expertise while Theoremus contributes transport data and intelligent transport systems (ITS) capabilities including Account-Based Ticketing, cEMV payments, Bus Data Platforms, and Mobility Data Integration. Partnership bridges European and Asian innovation for data-driven, sustainable transport systems.
• CommercePay (Commerce.Asia Group)coreTechnology or Integration · 5 May 2025Asia Mobiliti adopted CommercePay's advanced payment gateway to streamline digital transactions across urban mobility services. Partnership offers rapid, efficient, and secure payment processing without setup and annual maintenance fees. Supports payment tokenisation for bank cards and TNG eWallet. Developer-friendly APIs and customizable design enable swift integration with Trek app.
• Unitsky String Technologies (uScovery DMCC)strategicStrategic or Co-development Partner · 30 September 2024Collaboration to introduce Unitsky String Transport Technology to Southeast Asia. Technology includes suspended string rail systems (uST) with speeds up to 150 km/h and spans of 400m+ between supports. Addresses first-and-last-mile connectivity in dense urban settings and emerging areas. Malaysian consortium includes Nippon Koei Mobility and Midwest Composites for feasibility studies, localization, and project delivery.
• Journey AlertscoreStrategic or Co-development Partner · 26 June 2024Global partnership announced at MOVE London 2024 to revolutionise access to public transport for millions across low and middle-income countries. Jointly developed platform brings together DRT, passenger intent mapping, and personalised journey information delivered via WhatsApp, Messenger, and Viber — not requiring a dedicated app. Trialling in Southeast Europe.
• Journey AlertscoreStrategic or Co-development Partner · 20 June 2024UK tech company and Asia Mobiliti jointly developed a platform combining DRT, passenger intent mapping, and personalised journey information. Service communicates with passengers via WhatsApp, Messenger, and Viber rather than requiring a dedicated app. Successfully trialled in Malaysia, now deploying to Indonesia, Africa, Eastern Europe, and South America. Partnership began in 2019 via Newton Ungku Omar Fund.
• WIPPDminorImplementation/ SI/ Consulting Partner · 20 June 2024Strategic advisory and execution firm that developed and executed the Theoremus partnership, supporting Theoremus' expansion from UK and Europe to Malaysia and ASEAN. Led by Managing Director Raj Mendhir.
• ZipaboutcoreStrategic or Co-development Partner · 17 February 2023UK tech company collaboration to improve public transport access in Kuala Lumpur and Klang Valley. Combined Asia Mobiliti's MaaS platform with Zipabout's real-time multimodal travel updates delivered via WhatsApp and Facebook Messenger. Project awarded Newton Ungku Omar Fund Grand Challenge 2019, supported by University of Birmingham.
• PT Len Railway Systems (LRS)strategicStrategic or Co-development Partner · 22 June 2022MoU to deliver high-quality, cutting-edge digital systems for control, monitoring, and management of public transit operations across Southeast Asia. LRS brings 30 years of railway infrastructure experience in Indonesia; Asia Mobiliti contributes ICT know-how. Aimed at modernising public sector transportation across ASEAN nations.
• Bus BuddycoreStrategic or Co-development PartnerJoint venture Bus Buddy Technologies Sdn Bhd between Asia Mobiliti and Bus Buddy to launch integrated digital school transport platform. Platform provides real-time fleet tracking, digital student registration, automated pick-up/drop-off notifications, route optimization, and centralized administrative dashboard. First launch in Timor-Leste (February 2026), targeting Indonesia and Pacific Island countries.
• Oman's Ministry of Transport, Communications and Information Technology (MTCIT)flagshipStrategic or Co-development PartnerCollaboration to launch Oman's first Demand-Responsive Transit (DRT) service in Muscat. Announced at Gulf Green Mobility Forum in Salalah. Pilot introduces community DRT with flexible routes and schedules dynamically matched to passenger demand, extending public transport reach to underserved neighborhoods. Strategic step towards a fully integrated MaaS system in Oman.
• West Coast Expressway Sdn Bhd (WCE)coreStrategic or Co-development PartnerWCE deployed Asia Mobiliti's IOroad pavement monitoring system on critical sections of the 233-km West Coast Expressway (E32). First expressway operator in Malaysia to adopt the technology. IOroad uses IoT sensors on WCE service vehicles and machine learning to provide real-time road condition data, replacing reactive maintenance with proactive, predictive approach.
• Express Rail Link Sdn Bhd (ERL)coreStrategic or Co-development PartnerERL is a launch partner for Trek multimodal app integration, enabling passengers to plan journeys to KLIA and purchase KLIA Ekspres or KLIA Transit tickets within the Trek app with in-app QR code scanning. ERL operates KLIA Ekspres and KLIA Transit services connecting KLIA T1 & T2 with the city.
• KTM Berhad (KTMB)coreStrategic or Co-development PartnerAsia Mobiliti completed a live testbed programme for IOrail railway condition monitoring on KTMB trains traversing the Skypark Link and selected Komuter routes. Over 135,000km of track distance monitored, collecting over 400GB of data. IOrail creates a digital twin of railway tracks enabling predictive maintenance.
• University of BirminghamcoreTechnology or IntegrationAcademic research partner in the Newton Ungku Omar Fund Grand Challenge 2019 project (CONTINUUM). The Birmingham Centre for Railway Research and Education (BCRRE), Europe's largest university-based railway research centre, contributed to multimodal passenger information platform development.
• Smart Security Solutions Sdn BhdminorChannel Partner/ Reseller/ DistributorMalaysian master distributor for igloohome products. Partnered with Asia Mobiliti to deploy Secure Freight solution, building a network of 50+ listed distributors nationwide.
• TriterracoreStrategic or Co-development PartnerPartnership for DRT service in KL Metropolis. Trek Rides to enhance urban connectivity and promote sustainable community development in the heart of Kuala Lumpur.
• Nippon Koei Mobility Sdn BhdstrategicImplementation/ SI/ Consulting PartnerPart of the Malaysian consortium with Asia Mobiliti and Midwest Composites for Unitsky String Transport deployment. Railway and mobility subsidiary of ID&E Holdings Group of Japan providing systems engineering and consultancy for public transport projects including LRT 3, KUTS, RTS, and Penang LRT.
• Midwest Composites Sdn BhdstrategicStrategic or Co-development PartnerPart of the Malaysian consortium with Asia Mobiliti and Nippon Koei Mobility for Unitsky String Transport. Advanced composites startup manufacturing high-performance technical textiles from plant-based fibers (kenaf, flax, jute) for the transport industry, offering 40% weight reduction compared to conventional alternatives.
• Monash University MalaysiacoreTechnology or IntegrationThree-year doctoral research collaboration on mmWave radar and LiDAR technologies for machine learning applications in vehicle detection and monitoring. Asia Mobiliti allocates R&D fund for PhD student supervised by Ir. Dr Joanne Lim Mun Yee. In-house IoT lab produces telematics and asset tracking devices on this platform. Prior collaboration yielded peer-reviewed research on drone detection.
• Digi TelecommunicationscoreTechnology or IntegrationPartnership powering Orion IoT device's 4G LTE connectivity via eSIM technology. Digi's Chief Digital Officer noted Asia Mobiliti's pilot as one of the first adoptions of eSIM in industrial IoT devices, supporting Asia Mobiliti's smart mobility agenda.
• XperanticoreTechnology or IntegrationLow-bandwidth Sigfox (0G) network provider for Orion IoT device's LPWAN functionality enabling asset tracking for 12+ months in non-powered states. Partnered with Digi's high-bandwidth cellular to create scalable industrial IoT solutions on a connectivity-agnostic platform.
• Rapid Bus Sdn BhdcoreStrategic or Co-development PartnerOperator of Rapid KL bus services in Klang Valley. Collaborated on proof-of-concept for on-demand shuttle bus service (Route T789), integrating Trek app for ride booking. Strategic initiative to provide comprehensive first-last mile connectivity to Rapid KL users, optimizing existing bus resources.
• Google CloudcoreTechnology or IntegrationAsia Mobiliti is a Google Cloud for Startups member, using Google Cloud's open, scalable, secure, and energy-efficient infrastructure. Part of broader ecosystem supporting Malaysia's digital economy.
• KR Travel & Tours Sdn BhdcoreChannel Partner/ Reseller/ DistributorFirst fleet partner for Trek Rides DRT service. Provided vehicles and drivers for DRT pilot in Petaling Jaya and continues as technology partner to drive new mobility services. Also piloted Orion IoT device deployment on their buses.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Padam Mobility: Paris-based demand-responsive transit technology provider that partnered with Asia Mobiliti on the Toyota Mobility Foundation CATCH challenge. Directly competes in the DRT software stack for transit authorities and offers similar SaaS-style deployment to public sector clients.
• Via Transportation: New York-based DRT and on-demand transit platform serving transit agencies worldwide with software powering dynamic routing, shared rides, and multimodal integration. Closest global analogue to Asia Mobiliti's Trek Rides in business model and customer base.
• Liftango: Australia-headquartered DRT and shared mobility platform serving transit authorities and employers across APAC, Europe, and the Americas. Comparable emerging-market focus and similar DRT-as-a-service offering to Asia Mobiliti's Trek Rides.
• Moovit: Israel-based multimodal MaaS app (now part of Intel) providing journey planning, real-time transit data, and DRT/microtransit integrations globally. Most comparable competitor on the consumer journey planning side of Asia Mobiliti's Trek Journey product.
• Citymapper: London-based multimodal journey planning app offering integrated transit, ride-hail, bike, and walking routing in major global cities. Comparable to Trek Journey in core functionality and target end-user (urban commuters).
• Transit App: Canadian multimodal MaaS app combining real-time transit data, journey planning, and bike/scooter integration. Comparable to Trek Journey/Trek Tix combination for commuter-facing multimodal experience.
• Zipabout: UK passenger information and demand-mapping company that partnered with Asia Mobiliti on the Newton Ungku Omar CONTINUUM project. Overlaps directly in passenger intent mapping, journey alerts, and MaaS data services for transit operators.

Broad incumbents

• Optibus: Israel/US-based AI-powered public transit operations platform serving transit agencies globally with scheduling, rostering, and DRT optimization. Larger, broader transit-tech incumbent that overlaps with Asia Mobiliti's MaaS and DRT algorithms.
• Cubic Transportation Systems: US-headquartered global incumbent in transit fare collection, real-time passenger information, and urban mobility platforms. Overlaps with Trek Tix ticketing and broader MaaS positioning as a large, established supplier to transit authorities.
• Grab: Southeast Asia super-app offering ride-hailing, multimodal transport, and digital payments across the region. Represents the largest regional competitor with deep distribution, capital, and consumer reach that Asia Mobiliti must navigate around in DRT and MaaS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/asia-mobiliti

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asia Mobiliti