This week, we share with you our conversation with Fuqaha, CEO and
founder of Katsana Holdings Sdn. Bhd. based on the recording of “MDV Interviews Start-up Founders: How Did I get Here?” during the Minggu Sains Negara on the first week of April 2021.
The story and history of Katsana should be told and read by many. Katsana, a wordplay of “Dekat Sana” or “Over There” was founded by Fuqaha when he realised that his friend and brother had both lost their cars within a week of each other.
Such incident, however, is nothing surprising considering the fact that Malaysia was once ranked sixth (6th) globally for car theft. One car in Malaysia was lost every 24 minutes, and less than one (1) out of ten (10) was recovered and returned to owners. Road fatalities in Malaysia, Vietnam and Thailand were in the range between 24 to 36 fatalities per 100,000 inhabitants as opposed to more developed countries like Japan (5 fatalities per 100,000 inhabitants) and UK (3 fatalities per 100,000 inhabitants).