SIRCLO enables the growth of e-commerce in Indonesia, helps businesses to serve more consumers
SIRCLO enables the growth of e-commerce in Indonesia, helps businesses to serve more consumers May 17, 2021 Growing up in Bandung, Brian Marshal, Founder and CEO of SIRCLO has come to notice one thing pertaining to the retail business. His hometown, Bandung in West Java, is known as the shopping destination, especially with its famous factory outlets spread all over the city. Offline shopping was the thing and people would spend hours shopping just to live every bit of the experience. Today, as technology becomes an inseparable part of lives, many brand owners from Bandung [...]
East Ventures leads Bonza US$2m new round to accelerate go-to-market of AI no-code platform
East Ventures leads Bonza US$2m new round to accelerate go-to-market of AI no-code platform 6 May, 2021 Bonza raised US$2M in a new round led by East Ventures with participation from Elev8.vc. The company is developing an enterprise solution in the form of a no-code platform for data analytics and artificial intelligence (AI) deployment. Established in 2020, Bonza raised a seed fund from East Ventures and achieved profitability within its first year. Bonza, big data analytics company announced earlier today that it has secured a US$2M funding led by East Ventures with participation from Elev8.vc. [...]
Digitalization helps Bali’s small businesses to survive the pandemic
Digitalization helps Bali’s small businesses to survive the pandemic May 4, 2021 As it relies heavily on tourism to support its economy, Bali is one of the provinces hit hardest by the COVID-19 pandemic. However, the crisis became a springboard for a digital leap in the Island of the Gods, allowing Bali to break through the domination of Java provinces in the East Ventures Digital Competitiveness Index 2021 (EV-DCI 2021). East Ventures Digital Competitiveness Index 2021 report shows that Bali ranks at 4th place in terms of digital competitiveness. Bali is the province with the [...]
East Ventures DCI: Nongsa Digital Park boosts digital ecosystems in Riau Islands, a tech talent magnet in Indonesia-Singapore border
East Ventures DCI: Nongsa Digital Park boosts digital ecosystems in Riau Islands, a tech talent magnet in Indonesia-Singapore border April 14, 2021 According to the EV-DCI (East Ventures Digital Competitiveness Index) 2021, among the most digitally competitive provinces, the Riau Islands sets itself apart. Compared to the other provinces in the top 10, Riau Islands’ population is minuscule. Its geography also comes into play: around 1.7 million of the province’s residents live in small islands at the outermost part of Indonesia. However, the Riau Islands successfully broke into the dominance of provinces in Java islands, [...]
SIRCLO Acquires Orami To Strengthen Omnichannel Services for Brands and SMEs
SIRCLO Acquires Orami To Strengthen Omnichannel Services for Brands and SMEs April 7, 2021 The acquisition of Orami strengthens SIRCLO’s services as the empowerment engine for brands, expanding its consumer reach. SIRCLO and Orami aspire to boost its e-commerce enabler potential. Orami’s strong community and distribution model will complement the omnichannel strategy that SIRCLO’s business line offers through its technology capability and strong infrastructure. SIRCLO and Orami are technology companies backed by East Ventures. E-Commerce enabler company SIRCLO announces its acquisition of Orami, the largest parenting platform in Indonesia that combines Commerce, Content, and Community [...]
Pandemic accelerated digital transformation in Indonesia, making it more equal
Pandemic accelerated digital transformation in Indonesia, making it more equal March 23, 2021 East Ventures, a pioneering digital startup venture capital in Indonesia has launched the East Ventures Digital Competitiveness Index 2021. Today, the report is also available in English. This is the second year that East Ventures has committed to mapping out the development of the digital economy across Indonesia. Taking “Indonesia’s accelerating digital economic transformation” as this year’s theme, EV-DCI 2021 does not only provide in-depth data on various indicators related to the digital economy but also offers perspectives and insights from renowned [...]
Advotics raised fresh funding from East Ventures to accelerate supply-chain digital transformation in Indonesia
Advotics raised fresh funding from East Ventures to accelerate supply-chain digital transformation in Indonesia March 2, 2021 Advotics, an Indonesia-based SaaS startup specializing in data-driven supply chain solutions for brands and SMEs, announced earlier today that it has raised US$2.75 million in a new funding round led by East Ventures. Advotics is a technology company that helps brands understand, monitor, and manage their supply chain in Indonesia’s retail market by providing integrated platforms along the distribution line. Indonesia is a huge market for enterprise solutions. Advotics estimates that the Indonesian enterprise software market size has [...]
Warung Pintar acquired Bizzy Digital to strengthen its end-to-end offerings
Warung Pintar acquired Bizzy Digital to strengthen its end-to-end offerings 24 February, 2021 Warung Pintar, a micro retail technology startup company, today announced the acquisition of Bizzy Digital, an integrated logistics and distribution supply chain B2B platform. The deal combined two companies that work with 600 brands and serve 230,000 retailers in 65 cities across Indonesia and support nationwide networks of distributors. After the acquisition, Warung Pintar solidified its leading position in Indonesia’s nascent B2B e-commerce market. Indonesia’s B2B e-commerce market has immense room for growth - it is expected to grow to become at [...]