East Ventures’ net-zero vision: Planting mangroves and embracing climate tech
In a significant stride towards combating climate change, East Ventures, as part of the Indonesian Chamber of Commerce and Industry (KADIN) Net Zero Hub, has pledged to become a net-zero company by 2060 at the latest. This commitment aligns East Ventures with the global efforts to reduce greenhouse gas (GHG) emissions and foster sustainable practices within our own firm and in broader ecosystem activities. The following are the various initiatives that East Ventures has undertaken in pursuit of this goal:
Artificial Intelligence in Indonesia: The current state and its opportunities
Most of the breakthroughs in artificial intelligence (AI) development are happening elsewhere, but Indonesia is not lagging behind. With a young, tech-savvy population and favorable macroeconomic trends, Indonesian companies are beginning to adopt and advance on AI's vast opportunities. Local and international investors are also eyeing AI's potential for Southeast Asia's largest economy.
Why scaling up tech innovations will save the planet
It has become increasingly clear that we must use technology sustainably and deploy it more effectively. According to the East Ventures Sustainability Report 2023, to meet the investment needs of green solutions in Southeast Asia, which amount to around US$3 trillion by 2030, there is a need for tech innovations as catalysts.
EDB appoints East Ventures and other six fund management companies as Global Investor Programme
The Economic Development Board (EDB) of Singapore has appointed seven fund management companies as Global Investor Programme (GIP)-select funds. The seven fund managers offering GIP-select funds were appointed following a Call for Proposal (CFP) exercise conducted from 2-31 March this year.
Digital competitiveness now more equitably spread across Indonesia
FOR all the talk of a global digital winter, Indonesia’s digital economy – on track to be worth an estimated US$360 billion by 2030 – continues to power ahead.
“We never intentionally look for unicorns”: Willson Cuaca
Since East Ventures was established in 2009, we never intentionally look for unicorns. The statement came from East Ventures’ Co-Founder and Managing Partner, Willson Cuaca during the panel discussion titled ‘Finding the Next Unicorn’ in OCBC NISP Business Forum 2023.
Empowering women: three key strategies for building confidence at work
As a woman in the workplace, building confidence can be challenging, especially when trying to climb the corporate ladder. Various cultural, societal, and historical factors can influence the confidence gap between men and women. In Asia, for example, there is often a greater emphasis on deference to authority and silent resistance, making it more challenging for women to assert themselves and speak up.
East Ventures’ strategy to strengthen ESG in its ecosystem
The environmental and sustainability issues are becoming more urgent than ever today. No one is immune from these issues, and all stakeholders must take necessary actions to minimize the impact now. With this issue in mind, we at East Ventures believe that technology can positively contribute to and impact the environment.