From brick-and-mortar to AI-powered learning: The journey of Geniebook
As the world gets more digital, education is undergoing a revolution with new tools and approaches to enhance student learning. Education veterans Neo Zhizhong and Alicia Cheong began as private tutors over 10 years ago. After university, they founded School Plus in 2007, offering tailored math and science lessons. Despite early success, scaling became a challenge due to limitations in manpower and time.
“What it takes to become great”: Willson Cuaca and Najwa Shihab’s secret sauce to achieving success
Prior to being East Ventures’ Co-Founder and Managing Partner, Willson Cuaca embarked on a career in cybersecurity as an iPhone developer in Singapore. On the other hand, Najwa Shihab, now an accomplished journalist and the Founder of media startup NARASI, started her journey from the ground up at a local TV station.
Join Indonesia’s largest climate tech pitching competition: The Climate Impact Innovations Challenge 2024
One Saturday in October 2023, thick smog blanketed the runways of Soekarno-Hatta International Airport, Jakarta, Indonesia, forcing several inbound flights to be diverted to other airports. The heavy smog was from a massive landfill fire that started the day before and would take days to extinguish after burning through almost the entire landfill. Just weeks earlier, firefighters battled a persistent wildfire that ravaged savanna fields and forests in Mount Bromo for over a week.
Qapita’s revenue jumps to US$8.9m in FYE March 2023
Qapita, a Singapore-based equity management platform, has experienced significant revenue growth but also larger losses in its most recent financial year. The East Ventures-backed company’s revenue reached US$8.9 million in the 15-month period between January 2022 and March 2023 (FYE 2023).
East Ventures and Temasek Foundation unveil three new tracks for second edition of Indonesia’s largest climate tech innovations competition – Climate Impact Innovations Challenge 2024
East Ventures, a pioneering and leading sector-agnostic venture capital firm that has supported over 300 tech companies across Southeast Asia, and Temasek Foundation, a Singapore-based non-profit philanthropic organization that supports sustainable development initiatives, are pleased to announce the second edition of the Climate Impact Innovations Challenge (CIIC) 2024, Indonesia's largest climate tech innovations competition.
The rise of EV two-wheelers in Southeast Asia
While electric vehicles (EVs) are poised to transform mobility across the world, a lesser-known revolution is underway in Southeast Asia (SEA) – the rise of electric two-wheelers. In a region full of motorcycles and scooters, these silent, emission-free alternatives offer the most immediate promise to SEA countries in combating climate change and leapfrogging into a sustainable future.
East Ventures welcomes Sang Han as its new Partner for East Ventures South Korea fund
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia and Southeast Asia, announced Sang Han as a Partner for East Ventures South Korea fund. Sang will leverage his extensive experience to manage the fund operation of East Ventures in South Korea. This appointment follows the recent announcement of “East Ventures South Korea fund in partnership with SV Investment” of US$100 million in October 2023.
How to measure companies’ greenhouse gas emissions with ECOVISEA
While renewable energy continues to gain traction, fossil fuels remain the primary energy source for many businesses and industries. These ‘polluter’ industries, like manufacturing and transportation, are contributing to tons of greenhouse gas (GHG) emissions, harming the planet and its climate yearly.