VentureTECH Sdn Bhd (VentureTECH), a Malaysia-based impact investment company, has announced a strategic investment in POMEN Autodata Sdn Bhd (POMEN), a Malaysia’s Bumiputera company specializing in software-as-a-service (SaaS) solutions.

This partnership aims to accelerate POMEN’s growth and enhance its innovative platforms, further digitalizing the ecosystem for connected service and operations, the duo said in a statement on Wednesday.

According to the statement, VentureTECH’s investment will strengthen POMEN’s technological capabilities and drive its regional expansion into Southeast Asia.

The collaboration also focuses on fostering innovation, enabling POMEN to refine its existing offerings, integrate emerging technologies, and extend its platforms to meet the diverse needs of industries.

By facilitating this growth, VentureTECH aims to position POMEN as a leader in digital transformation, contributing significantly to Malaysia’s growing technology ecosystem.

“This partnership with VentureTECH marks a pivotal milestone for POMEN, validating our vision to revolutionize asset maintenance and workforce management through innovative technology,

“With VentureTECH’s support, we are equipped to scale our solutions, expand our reach across various industries, and meet the growing demands of clients locally and regionally,” said Syed Zulhilmi Tuan Sharif, Chief Executive Officer of POMEN.

“As we venture further into the ports and aviation sectors—industries that face similar challenges in asset reliability, operational efficiency, and workforce optimization — we are committed to delivering cutting-edge solutions that drive efficiency, create value for our clients and stakeholders, and contribute to broader digital transformation initiatives,” he added.

This investment also aligns with VentureTECH’s broader strategy to bridge funding gaps and strengthen the Malaysian startup ecosystem.

This strategy is further reinforced through its collaboration with Cradle Fund Sdn Bhd (Cradle) under the Fund Funnel Program, which aims to establish a more structured funding pathway for startups. POMEN exemplifies this initiative’s goal of making strategic investments in high-potential companies, fostering catalytic growth in high-growth, high-value (HGHV) sectors, particularly in digitalization and advanced technology solutions.

By partnering with POMEN, VentureTECH strengthens its mandate to drive HGHV sectors while advancing Malaysia’s digital transformation agenda.

POMEN’s solutions, which include predictive maintenance and real-time analytics, offer unmatched transparency, operational insights, and environmental benefits, redefining industry standards.

“Our investment in POMEN underscores VentureTECH’s commitment to fostering transformative local companies that champion digital innovation, socio-economic progress, and environmental sustainability,

“POMEN’s cutting-edge platforms address inefficiencies in the fleet maintenance ecosystem and workforce management, empowering businesses to optimise operations while creating opportunities for Bumiputera entrepreneurs to thrive in high-value sectors,” said Ahmad Redzuan Sidek, Chief Executive Officer of VentureTECH.

Beyond enhancing POMEN’s market position, he said this partnership will generate high-value skilled jobs in technology and engineering.

“By strengthening the digital ecosystem and promoting advanced technological solutions, we aim to contribute to Malaysia’s aspirations of becoming a hub for innovation,” he added.

Established in 2018, POMEN is a company specializing in comprehensive SaaS solutions with a core element for workforce efficiency and maintenance management – connecting the demand and supply in the maintenance ecosystem.

The firm has emerged as a key player in integrated SaaS solutions with flagship platforms such as ENFLEET and ENGARAGE.

ENFLEET is the asset maintenance workflow management platform, allowing companies to have transparency on their asset maintenance work.

Meanwhile, ENGARAGE is the workforce management platform for service providers to manage end-to-end service operation. ENFLEET and ENGARAGE work as a collaborative tool, enhancing workforce efficiency.

With clients including PETRONAS, Maxis, and Edaran Otomobil Nasional Berhad (EON), POMEN connects asset owners with a network of over 2,400 independent service providers nationwide.

Through its innovative platforms, the company is constantly enhancing their data analytics module to provide even deeper insights, a predictive maintenance and recommendation module with open API integrations.

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