The importance of accelerating Indonesia’s digital competitiveness
According to the e-Conomy SEA 2021 by Google, Temasek, and Bain & Co., Indonesia's digital economy is valued at US$ 70 billion Gross Merchandise Value (GMV) in 2021. This number has grown 75 per cent compared to the pre-pandemic condition in 2019. In 2025, Indonesia is projected to surge to US$ 146 billion GMV.
Balancing acts in the digital ecosystem: Can profit and sustainability align?
In the past two years, we have faced the COVID-19 pandemic that brought uncertainty in businesses but also accelerated the growth of digital consumer adoption at the same time. The acceleration brought Indonesia to glimpse an astonishing growth of the digital economy.
Sustainable food production by compression of fishery’s fragmented supply chain in Indonesia: East Ventures’ thesis on local agritech, Aruna
With over 23 million tons of annual seafood production, Indonesia is second only to China in the global seafood market. The fishery sector generates approximately US$ 4.1 billion in annual export earnings, empowers more than 7 million jobs, and contributes 50% of Indonesia's animal-based dietary protein.
Roderick Purwana makes the Fortune Indonesia 40 Under 40 list
Roderick’s experience as a startup founder shaped him into the investor who has a better understanding and a two-way empathy that he is today. Anticipating the moment of the startups within the ecosystem make their grand debut on the stock exchange.
East Ventures 2021 recap: 80+ deals made across SEA’s fastest growing sectors, aiming for sector diversification in 2022
Welcoming the new year of 2022, East Ventures is taking this opportunity to look back and reflect on the year 2021. Just like the rest of the world, the COVID-19 pandemic has also severely impacted our ecosystem—not only Indonesia, but it also took a heavy toll on Singapore and other SEA countries as well.
East Ventures di 2021: 80+ deal di berbagai sektor unggul di Asia Tenggara rampung, mengincar diversifikasi sektor di tahun 2022
Menyambut tahun 2022, East Ventures mengambil kesempatan ini untuk melihat kembali dan merefleksikan tahun 2021. Sama seperti di seluruh dunia, pandemi COVID-19 juga memberikan dampak yang sangat besar pada ekosistem kami—tidak hanya di Indonesia, namun juga Singapura dan negara-negara Asia Tenggara lainnya.
Indonesian logistics tech startup Waresix closes US$100 million fundraising
Indonesian logistics tech startup Waresix closes c.US$100 million fundraising 10 September 2020 JAKARTA — Waresix, Indonesia's leading logistics tech startup, today announced that it has concluded its Series B fundraising, and over the last year raised c.US$100 million from existing investors EV Growth and Jungle Ventures, and new investors, including SoftBank Ventures Asia, EMTEK Group, Pavilion Capital and Redbadge Pacific. Waresix is the leading logistics tech startup in Indonesia in the trucking and warehousing segments. Trucking services, which form the majority of Waresix’s business, is focused on first-mile and mid-mile intercity shipments. Waresix’s deep operational [...]
Dampak Covid-19 ubah perilaku pengguna perusahaan peer-to-peer lending Komunal
Komunal membantu kontraktor dalam menghimpun dana untuk membangun ruang isolasi untuk penanganan kasus Covid-19.