A fleet-finance infrastructure proposal for 1M Fleets
Finance 600 electric scooters. Build the system that makes them perform.
Satya can be the evidence and workflow interface between 1M, its bikers, Yango earnings, and an NRB-licensed hire-purchase company—so the biker pays the EMI, 1M guarantees the obligation, and Satya never carries the credit risk.
1M is evolving from staffing riders to operating productive infrastructure.
The operating muscle already exists: bulk onboarding, scheduling, rider management, and accountable delivery capacity. Electric scooters turn that strength into an asset-backed platform—but also introduce capital and lifecycle risk.
01
Staff people
Recruit, onboard, schedule, and support riders at scale.
02
Deploy assets
Put the right scooter with the right biker against the right operating agreement.
03
Allocate capacity
Move fleet supply across Yango and Foodmandu demand without losing partner-level economics.
04
Compound intelligence
Learn which assets, bikers, routes, shifts, and contracts create durable cash flow.
The 600-scooter plan and proposed 1M relationships with Foodmandu and Himalayan Java were supplied for discussion. They are not presented as publicly announced facts and should be confirmed during diligence.
02 / 12
First principles
The real risk is not buying 600 scooters. It is keeping 600 assets productive.
01
Procurement
A single bulk purchase concentrates delivery, quality, registration, insurance, and supplier risk.
02
Utilization
A financed scooter only performs when it is assigned, roadworthy, and earning against real demand.
03
Repayment
The biker’s consent, Yango income evidence, EMI instruction, shortfall, and cure status must remain clear to the hire-purchase company and 1M.
04
Lifecycle
Battery health, maintenance, incidents, downtime, warranty, and resale determine the true cost of the asset.
Capital becomes more underwritable when 1M can prove where every rupee went, where every scooter is, and how every scooter earns.
03 / 12
The Satya proposition
Give every scooter a financial identity—and every cohort an operating truth.
01
Build the hire-purchase dossier
Package the biker application, 1M guarantee, Yango relationship, scooter, supplier, and unit-economics evidence.
02
Record the decision
The hire-purchase company underwrites and sets terms; 1M accepts its guarantee; the biker accepts the EMI and income instruction.
03
Create the asset passport
Bind chassis, battery, policy, facility, primary biker, guarantee, assignment, service, and incident history.
04
Surface repayment evidence
Receive permitted Yango earnings and licensed-provider payment events; show due, paid, shortfall, and cure status.
05
Orchestrate reassignment
If default occurs, 1M acts under the guarantee and recovery agreement; Satya carries the evidence into the financier-approved replacement workflow.
Satya supplies the interface, evidence trail, consent workflow, status orchestration, and analytics. Satya does not lend, guarantee, hold or deduct funds, manage 1M’s finances, service the facility, collect debt, recover assets, or make credit decisions. The hire-purchase company owns underwriting, pricing, the facility, servicing, and collections; 1M owns its guarantee and fleet actions; licensed providers move money. The structure requires legal, labor, tax, insurance, title/security, data-permission, and consumer-fairness review before launch.
04 / 12
One operator · multiple principals
One fleet can serve several networks without mixing their economics.
Track supply hours, trip economics, bonuses, and settlement evidence for the Yango-assigned fleet.
Foodmandu
Food-delivery demand
Keep order earnings, cash handling, delivery SLAs, and deductions attributable to the correct contract.
Himalayan Java
Distributed biker support
Clear purpose-bound coffee, amenity, rest-point, and retention benefits by outlet and campaign.
1M Fleets
Guarantor + accountable operator
Own the guarantee, biker roster, scooter recovery and reassignment, service quality, and partner exceptions.
Satya preserves the permitted evidence for each partner, facility, asset, and biker—without becoming the financial manager or accepting their liabilities.
05 / 12
The financing reality
Lead with hire-purchase. Keep the interface lender-agnostic.
25–50Pilot cohort
gateValidated cohort
gateScaled cohorts
600600-scooter portfolio
Why hire-purchase first
Use the financing channel already built for vehicles.
Mainstream banks have pulled back from ordinary two-wheeler lending because the ticket is small and recovery is difficult. Start with an NRB-licensed hire-purchase company whose mandate already covers vehicles and equipment.
The 1M advantage
Turn a recovery problem into a reassignment system.
1M’s guarantee, rider control, Yango earnings evidence, and scooter reassignment directly answer the loss and recovery problems lenders report.
This is a market-practice pivot—not a claim that NRB has prohibited every bank from financing every two-wheeler. Keep the architecture lender-agnostic for permitted bank or finance-company alternatives.
06 / 12
Cash with a job
Keep the biker, guarantor, financier, and replacement obligations explicit.
01
Yango earnings
A permitted earnings event shows the income available to the assigned biker.
02
Consented EMI
The biker’s agreed installment instruction is presented to the hire-purchase company and executed through permitted payment rails.
03
Financier status
The hire-purchase company remains the source of truth for due, paid, overdue, and cured status; licensed providers move funds.
04
1M guarantee
If the biker defaults, 1M handles its contractual guarantee and recovery obligations directly with the hire-purchase company.
05
Reassign + re-consent
1M assigns the scooter to a replacement biker; the financier-approved obligation, consent, and payment instruction are documented anew.
Satya only carries state and evidence: it never lends, guarantees, holds funds, deducts income, services debt, or recovers the scooter.
07 / 12
The asset passport
A scooter should be more legible than a spreadsheet row.
1M–EV–0047Available · healthy
Assigned partnerYango
Current bikerConsented profile
Next service312 km
VIN / chassis and battery serialsupplier invoice and acceptanceregistration, insurance, and taxfinance facility and remaining balancecurrent biker and assignment historyYango / Foodmandu work attributioncharging, maintenance, and downtimeincident, recovery, and resale trail
When the asset changes hands, the evidence does not disappear.
08 / 12
Designed for the road
The biker experience must be lighter than the operation behind it.
9:411M Fleet
This weekNPR —earnings visible when connected
Scooter checked in ✓ Assignment active ✓ Java benefit 1 ready Report an issue →
No new heavy app for the pilot.
Use lightweight mobile passes and role-based web flows for handover, earnings visibility, benefits, and support.
No new heavy app required for the pilot
Low-cost Android and low-bandwidth design
Nepali and English
Large-touch check-in, handover, and issue flows
Offline-tolerant evidence capture
Clear earnings, deduction, reserve, and benefit states
09 / 12
Why the network says yes
Every party receives value from the same operating truth.
01
1M Fleets
Scale with explicit, bounded liability
Guarantee obligations remain visible; asset recovery and reassignment can cure a default without making 1M the primary payer from day one.
02
Hire-purchase partner
A monitorable productive-asset portfolio
Verified bikers and assets, explicit guarantees, permitted earnings evidence, repayment status, and documented reassignment.
03
Yango + Foodmandu
Reliable accountable capacity
More roadworthy supply, cleaner partner reconciliation, faster exception resolution, and consistent service execution.
04
Bikers
A fair path to productive assets
Clear EMI responsibility, income instructions, take-home earnings, benefits, support, default consequences, and any ownership path.
10 / 12
Two proofs · one platform
Prove the asset engine and the partner network in parallel.
Do not finance 600 scooters as one transaction. Build the operating proof that earns the right to scale.
Bring 1M’s fleet, finance, Yango, Foodmandu, operations, scooter-supplier, and hire-purchase leads. Satya will map the biker obligation, 1M guarantee, asset recovery, reassignment, earnings instruction, and financier workflow—then return with a hire-purchase-ready pilot blueprint.
Public claims are cited. All financing structures, cash waterfalls, partnerships, scale figures, and pilot outcomes are proposals or discussion inputs—not commitments by 1M, Yango, Foodmandu, Himalayan Java, a hire-purchase company, another lender, or a payment provider.
1M Fleet — official profileRider staffing, bulk onboarding, fleet operations, scheduling, and delivery-partner readiness.
One M Solution — partners1M Fleet is described as an end-to-end rider-staffing and operations partner for services including Yango.
Yango — drive in NepalYango Pro, partner-driver model, incentives, payouts, and Bikes service class in Nepal.
NRB — Nepal Green Finance Taxonomy 2024Classifies electric vehicles, including e-scooters and bicycles, as green in relevant categories; lender assessment still applies.
Capital Nepal — two-wheeler lending gapReports that mainstream lenders had pulled back from ordinary motorcycle and scooter lending because small-ticket recovery was difficult, pushing customers toward hire-purchase companies.
Everest Bank — advertised bike loanA current counterexample showing why the proposal describes a mainstream-lending pullback rather than a blanket regulatory ban.
Venture Hire Purchase — two-wheeler productCurrent example of an NRB-licensed hire-purchase provider offering ICE and EV two-wheeler finance, with borrower, guarantor, income, and company-document requirements.
Hulas Finserv — bikes and scootersCurrent example of an NRB-licensed hire-purchase provider offering bike and scooter finance with digital application and EMI servicing.
