Jack’s financial solutions to empower Indonesia’s SMEs
Indonesia is witnessing a significant rise in its new middle class, primarily driven by digital technology. Small and Medium-sized Enterprises (SMEs) are at the heart of this transformation, set to become a key driver of Indonesia's development.
East Ventures and SV Investment announced the US$100 million dedicated fund for Southeast Asia – South Korea investment corridor
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, and SV Investment, a venture capital & private equity firm headquartered in Seoul, Korea, on 5 October 2023, announced the “East Ventures South Korea fund in partnership with SV Investment” with a target of US$100 million.
The woven beauty of the new East Ventures’ Batik, where heritage meets innovation
In the vibrant tapestry of Indonesia's cultural heritage, few art forms capture the essence of the nation quite like Batik. Batik has long been a source of pride and inspiration for Indonesians, and East Ventures is proud to have it deeply rooted in our day-to-day philosophy.
Bababos, manufacturing raw material procurement Platform, has secured US$3 million in Seed funding round led by East Ventures
Manufacturing raw material procurement platform, Bababos, has secured US$3 million in seed funding. The round was led by East Ventures, with the participation from Patamar Capital and Accion Venture Lab. This new funding was completed six months after the pre-seed funding in March 2023.
The future of fintech in Indonesia: Empowering financial inclusion and literacy
Financial technology (fintech) has experienced a notable surge in the new normal due to the COVID-19 pandemic. The potential of higher user penetration and a significant rise in digital transactions in the future has set the pace for the advancement of fintech.
Asia’s fastest-growing sneaker marketplace Novelship secures US$9.5 million in series B funding round led by East Ventures, following latest collaboration with Snoop Dogg
Singapore-based online streetwear marketplace, Novelship, has bagged US$9.5 million in its Series B funding round led by East Ventures, iGlobe Partners and GSR Ventures. The new funds will accelerate the company’s move to amplify its brand presence across Southeast Asia.
Hukumku, an Indonesia-based legal tech startup, raised funding led by East Ventures
Hukumku, an Indonesia-based legal tech startup focusing on legal consultation and services, announced the completion of funding led by East Ventures, the pioneering and leading sector-agnostic venture capital in Indonesia and Southeast Asia. The funding will be allocated to accelerate its product development and marketing efforts as the platform will be launched in November 2023.
East Ventures’ four founders listed in The Prestige 40 Under 40 List for 2023
Over the years, Prestige Indonesia’s 40 Under 40 lineups have consistently showcased exceptional talent, ingenuity, and determination. From tech entrepreneurs to environmental advocates and burgeoning fashionistas, these individuals encapsulate the drive and diversity that are shifting paradigms within and beyond their chosen fields.