Singapore’s construction management startup Hubble raises funding
The story: Singapore-headquartered construction management and data analytics startup Hubble has entered into a strategic partnership and raised an undisclosed sum in funding from Malaysian PE firm OSK Ventures International.
The plans: “Besides bringing on board a well-known financial investor, we look at OSK Group as a valued partner for our growth in Malaysia. We will leverage on the extensive and deep relationships of OSK that are relevant to our business. The team at OSKVI shares similar values with us and our investors in terms of working the ground, and are helping us on operational areas, such as talent growth and the setting up of our new venture in Malaysia,” said Hubble Founder and CEO Lin Shijing.
Beyond Singapore and now Malaysia, Hubble is embarking on plans to enter into more markets across Southeast Asia and Australia.
What is Hubble: Its software solution 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 is also the official partner of Singapore’s Building and Construction Authority (BCA) for the development and implementation of the BuildSG-COVIDSafe platform, which is the national technology initiative to enable the safe restart of construction sites during the ongoing COVID-19 pandemic.
In June this year, Hubble received its first external fundraising round of SGD5 million (US$3.7M), led by Tin Men Capital.
Zoom opens data centre, rolls out cloud phone service in Singapore
The story: Global video communication platform Zoom has opened a new data centre in Singapore.
The data centre is the first to be set up in Southeast Asia and brings its total to 18 strategic sites globally.
Cloud phone service: The company also announced general availability of its Zoom Phone cloud phone service in 25 additional countries and territories, including the city-state, as well as a new, simplified telephone service plan for companies with locations across the globe.
Zoom now provides local telephone service and domestic calling in over 40 countries and territories around the world
Zoom has also worked closely with entities in Singapore, such as PropNex and the Ministry of Education, and the Economic Development Board as an enabler of digital transformation within the country.
Draper Startup House, Draper University to provide entrepreneurship courses
The story: Draper Startup House have announced a partnership with Draper University to spearhead the launch of online entrepreneurship courses with an offline learning experience to help entrepreneurs across the globe.
What is the course?: The course is furnished with content from Silicon Valley’s expert investors, executives and entrepreneurs, activities that foster collaboration among diverse-minded entrepreneurs, access to mentorship from industry leaders, and a pre-seed funding opportunity.
This is coupled with in-house consultations, networking and pitching events at the 10 physical locations of Draper Startup House, alongside a reach to a global community of entrepreneurs.
These courses oversee all stages of an entrepreneur’s journey, including ideation, customer discovery and product market fit; modelling the business
growth hacking and scaling; and fundraising and pitching fundamentals.
When?: Running on a monthly basis, you can now sign up to attend the entrepreneurship course in-house at any Draper Startup House location, with free accommodation or co-working space at select locations, enabling people to connect with the community.
Malaysia’s Indoleads launches affiliate marketplace
The story: Malaysia-based premium affiliate marketing network, Indoleads, has launched an affiliate marketplace connecting publishers and advertisers through top affiliate networks at one place.
It has more than 5,000 affiliate campaigns such as Lazada, Agoda, Amazon, Nike, and Qatar Airways.
The goal: “Affiliate marketplace is a game-changing and innovative way to boost marketing efforts and increase income. We connect publishers to numerous affiliate networks in one place. Our platform is designed to not only capitalize on this phenomenon but maximize its potential, by providing individuals and businesses with an opportunity to earn affiliate income hassle-free while partnering with top-rated advertisers from across the world,” said Indoleads Founder Sergey Gaydar, who previously co-founded Bfab.
What is Indoleads? Started in 2016, Indoleads is a cost per action (CPA) marketing platform. Advertisers can use the platform as an additional traffic source as well as for affiliate marketing, where they are able to manage publishers, analyse traffic, detect fraudulent activity, and integrate with other networks. Basically, advertisers on the platform are free to use it as a standalone solution for all their partnership needs.
In 2017, Indoleads.com secured a ‘6-digits US dollars’ investment from individuals, including an angel investor in Vietnam.
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