Singapore’s Hubble Partners OSK Ventures To Digitise Local Construction Sector

KUALA LUMPUR, Aug 19 (Bernama) -- Singapore-based Hubble Pte Ltd start-up has cemented a strategic partnership with OSK Ventures International Bhd to help digitise the construction sector in Malaysia. Hubble is Singapore’s market leader in construction management and data analytics, where its suite of fully integrated software automates the entire range of construction processes on-site that have traditionally been accomplished mostly via manual processes. By tracking, optimising and automating the management of the projects’ workforce, cash flows, materials and equipment, Hubble helps constructors improve productivity, safety, and ultimately, their bottom line, Hubble said in a statement. Meanwhile, OSK Ventures was established in 2000 as the venture capital and private equity affiliate of OSK Holdings Bhd and is separately listed on Bursa Malaysia. Covering the Southeast Asian markets, the company provides equity capital to companies ranging from commercialised start-ups to late-stage high-growth companies, and has to-date successfully invested, nurtured, and divested more than 19 investee companies. Hubble’s founder and chief executive officer Lin Shijing said the company will leverage the extensive and deep relationships of OSK Ventures that are relevant to its business, while OSK Ventures chief operating officer Patrick Yee said the company sees a massive opportunity to replicate Hubble’s success in Malaysia. Beyond Singapore and now Malaysia, Hubble is embarking on plans to enter into more markets across Southeast Asia and Australia. -- BERNAMA