Rikesh leads Transport for London’s market innovation activity to create new value for London by working with start-ups, corporates, academia, accelerators and venture capitalists. He was responsible for creating TfL’s first Innovation Hub which is charged with setting out the organisation’s key problem statements, bringing in the best innovators from across the world, piloting and scaling innovative solutions with the potential to commercialise, as well as establishing the right culture in the company focusing on agility and design thinking to work with market innovators.
He has overseen a series of ground breaking outcome based initiatives including one which aims to reduce the adverse impact of road works using a rarely used procurement procedure that is bringing in start-ups into TfL’s supply chain. Additionally, his team has run challenges on bus safety, retail and active travel with scalable options. The team has also signed a unique partnership with Bosch’s mobility centre to co-create new initiatives. With TfL’s significant spend per annum on suppliers, Rikesh’s team has introduced new methods to create new processes to bring in more innovation.
Rikesh was previously responsible for TfL’s world leading open data programme which has 17,000 registered users, 700 apps powered by TfL data used by 42% of Londoners which an independent review stated that it’s worth to London is £130m per annum. Rikesh also sits on the Smart London Board to deliver the Mayor of London’s vision to make London the smartest city in the world.
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