Lauretta is pleased to inform that we had emerged as one of the five startups selected to participate in an industry-first prop-tech acceleration program, Propell Asia, a collaboration between real estate firms JLL and Lendlease.
We have been chosen based on the scalability of our idea of using Artificial Intelligence to automate the facilities management process, as well as the team’s strength and technical competency. The 10-week fast-track learning programme is believed to provide us with a unique opportunity to validate our product and test for market fit by giving us access to suitable resources and mentors from JLL, Lendlease and other startup and SME who will work with us to develop relevant skills from planning to product, and strategy to execution.
Lauretta hopes to leverage this program, which provides us with specific expertise and real estate industry immersion, to validate our business model and existing facility management solution, further propelling our business forward.
“Against the backdrop of rapid urbanization and the rise of smart cities, our industry in Asia Pacific is primed for the next wave of disruption,” said JLL Asia Pacific COO Albert Ovidi. “Data analytics, artificial intelligence, the Internet of Things, virtual reality, block-chain, all of these technologies will play a pivotal role in the evolution of the real estate industry,” he added. Lauretta is excited to be part of this prop-tech disruption.