Trial, iterate, fail fast – Lessons from Rekosistem
Before founding Rekosistem, college friends Ernest Layman and Joshua Valentino thrived in the corporate world. “Joshua is the ethical socialist, and I'm the environmentalist. We joined forces—Joshua became the truck driver,” Ernest jokes, “and I became the investor." And that was how Rekosistem was born.
East Ventures has again mapped out Indonesia’s digital competitiveness through the East Ventures – Digital Competitiveness Index 2024
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia and Southeast Asia, together with Katadata Insight Center, today launched the East Ventures – Digital Competitiveness Index (EV-DCI) 2024. This marks the fifth edition since it was first launched in 2020. The EV-DCI 2024 research report maps Indonesia's digital competitiveness with the theme "Realizing Indonesia's digital sovereignty".
East Ventures-backed founders listed in Forbes’ 30 Under 30 Asia
With global economic uncertainty on the rise and a significant drop in VC funding, young entrepreneurs in Asia-Pacific have faced a new set of challenges in the past year. But the current environment hasn’t killed innovation. Judging by this year’s cohort of 30 Under 30 Asia honorees, creativity has proven to be a valuable asset to survive—and thrive—amid tougher circumstances.
The key to embracing Indonesia’s digital economic excellence
Over the past few years, Indonesia's digital sector has been steadily growing. Despite ongoing infrastructure development efforts by the government, stakeholders have also been proactive in promoting digital literacy and the economy. These endeavors lay the groundwork for advancing Indonesia's digital sector.
Building Chickin: From farm to industry leader
Chickin began with three college friends sharing smashed fried chicken, an Indonesian regional cuisine called ayam geprek, and a passion for creating a real, positive impact in Indonesia: Tubagus Syailendra, Ashab Alkafi, and Ahmad Syaifulloh Imron.
Runchise, a restaurant management and culinary franchise startup, raises new funding of US$1 million, co-led by East Ventures and Genesia Ventures
Runchise, an Indonesia-based restaurant management and culinary franchise startup, today announced that it has raised new funding of US$1 million from the existing investors East Ventures and Genesia Ventures. With this new funding, the firm’s main focus remains on technological advancement and innovation to enhance restaurants’ profitability.
4 Tips to build a strong company culture that lasts
If an average adult works eight hours a day, five days a week, they will spend roughly a third of their lifetime, totaling 90,000 hours, at their workplace. With offices reopening post-pandemic, companies aim not only to fill seats but also to bring back company culture, which has taken a backseat for many throughout the remote-working era. During this time, workers’ attitudes and priorities have shifted, and how companies approach culture, human resources, and teamwork is entirely different than just a few years ago.
MAKA Motors: Building a viable energy transition business through electric vehicle
With rapid urbanization and economic growth in Southeast Asia (SEA), the demand for energy transition is surging. This steers the region toward renewable energy sources, as countries look to diversify their energy mix and reduce their reliance on fossil fuels and their price volatility, ultimately cutting their carbon emissions.