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There’s a Malaysia-based company that is now selling its products in over 300 Apple stores worldwide. What products you ask? Bike helmets.
That’s right. The helmets that Lumos produces are designed to increase visibility and allow communication between motorists on the road.
Lumos, a startup that began as a Kickstarter crowdfunding project, has now grown into a business. It was even named one of Oprah’s Favorite Things as well as TIME Magazine’s Best Inventions of 2018.
To date, it has sold over 150,000 helmets to riders around the world.
Diverse range of sleek helmets.
IMAGE: Lumos / Facebook.
Lumos’ helmets are sleek, minimalist designs that come with useful features such as LED panels that provide a 360˚ coverage to increase the safety of the rider.
The urban helmets also come with turn signals that allow those on the road to know where the riders are heading. Oh, and there are brake lights.
In case you’re wondering, Lumos’ smart helmets are compatible with Strava and the Apple Watch.
In short, not only do they enhance the rider’s safety, these helmets also make cycling cool.
And it’s all thanks to Eu-wen Ding, CEO and Co-founder of Lumos, and his team who now envision the company to become the leading mobility business in terms of design and creation of accessories and items.
IMAGE: Lumos / Facebook.
What’s amazing is that Lumos recently passed Endeavor Malaysia’s Local Selection Panel, co-organized with Endeavor Philippines.
Founded in 1997, Endeavor is now leading the global high-impact entrepreneurship movement to drive economic growth and job creation by selecting, mentoring, and accelerating the best high-impact entrepreneurs around the world.
Lumos is now among the 47 companies that Endeavor Malaysia supports. Through this initiative, Endevor Malaysia’s companies have generated US$340 million revenues while creating over 20,000 jobs since its inception.
The helmet maker, underwent a Selection Process consisting of five panelists that interviewed candidates to decide who would make it to the International Selection Panel.
Realizing that there’s a growing demand for smart technology, Lumos is positioning itself to be at the forefront of the mobility industry. Endeavor is key to Lumos’ dream of reaching that goal.
Eu-wen Ding, CEO & Co-founder of Lumos. IMAGE: Endeavor.
“My journey with Endeavor started a few months back, where I was able to meet with mentors and other entrepreneurs from the network who gave me different perspectives of my business.”
“Being part of this amazing community is like getting the best of both worlds – you get to connect with like-minded entrepreneurs and speak to some of the most experienced mentors, who have both the knowledge and experience in this entrepreneurial journey,” said Eu-wen Ding, CEO and Co-founder of Lumos. I look forward to the next step, which is the International Selection Panel and the global network!”
It was no easy feat because Eu Wen was interviewed by Rafiq Razali (Group Executive Director of Media Prima Bhd), Ahmad Zaky (Founder and CEO of Bukalapak), Lam Nguyen Phuong (Co-founder and Senior Managing Partner of the Private Markets division of Capital Group), Riza Mantaring (President and CEO of Sun Life Financial), and Richard Eldridge (CEO of Lenddo) as panelists.
According to Rafiq Razali, who is also the Group Executive Director of Media Prima Bhd, Eu Wen and Lumos faced stiff competition.
“The entrepreneurs I’ve met during the interviews were solid. By putting them through the Selection Process and with the support of Endeavor, I believe we can push these companies to become more aggressive in scaling their businesses, creating a ‘one plus one more than two’ effect,” Rafiq shared.
Two other companies from the Philippines, Great Deals and Payo, underwent the Selection Process.
“Entrepreneurship is more than just a trend – it is a key driver of economic growth and job creation, especially in countries like Malaysia and Philippines. With the right support and network that constantly pays it forward, like Endeavor, I believe the entrepreneurs would bring great impact to the economy,” added Rafiq.
Under Endeavor, Eu Wen and Lumos will now obtain access to strategic advice, talent, capital, and markets to scale his business to the next level.
And that’s just the tip of the iceberg. With over 70 mentors, Endeavor Malaysia now supports 47 companies across two different tracks.
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Cover image sourced from Lumos Helmet / Facebook.
ที่มา : Mashable