Building a legacy: East Ventures’ vision and commitment to ASEAN’s flourishing future
Amidst global economic challenges, the ASEAN region stands out as a symbol of strength and adaptability. Holding the title of the world's fifth-largest economy, ASEAN boasts impressive numbers: a combined GDP of US$4 trillion, a population of 650 million, over 70 million small and medium-sized businesses, and a potential to grow its economy by US$200 billion. This remarkable growth is powered by its large population, forward-thinking trade policies, and a stable political environment, leading to a rapid increase in the region's overall wealth.
East Ventures remains bullish with the vision of integrated Southeast Asia amidst the global geopolitical and uncertain market
The global economy remains uncertain due to high inflation globally and geopolitical conditions. This has created challenges for economies in Indonesia and other Southeast Asia countries, particularly for digital startups.
Roderick Purwana: Boosting ASEAN’s resilience, empowering collaborative investments through the ASEAN Business Entity Initiative
The Association of Southeast Asian Nations (ASEAN) has come a long way since its inception, striving to foster economic and cultural cooperation among its diverse member countries. As we continue on this journey, opportunities remain to enhance intra-ASEAN investments further and collaboration between ASEAN countries.
AfterOil, Qarbotech, BANIQL, and Waste4Change won a total of IDR 10 billion in grant funding from East Ventures and Temasek Foundation
After months of comprehensive selection journey, East Ventures and Temasek Foundation are proud to conclude the Climate Impact Innovations Challenge (CIIC) 2023, the largest climate tech innovations platform of the year in Indonesia. With Indonesia assigned to lead the ASEAN Chairmanship 2023, East Ventures and Temasek Foundation are honored to host the CIIC 2023 Grand Finale as the sideline event of the ASEAN Business and Investment Summit 2023 on 2 September 2023 at The Ritz-Carlton Pacific Place, Jakarta.
RI’s ASEAN chairmanship offers opportunity to increase investment in Southeast Asia
Indonesia’s 2023 ASEAN chairmanship, taking place a year after it hosted the Group of 20 Summit, has showcased the archipelago’s eagerness to play an even larger role in Southeast Asia as well as the global economy.
Deep dive into LPs’ views on venture capital in Southeast Asia
For over a decade, East Ventures has been one of the leading sector-agnostic venture capital (VC) firms in Southeast Asia. Its strategic investments in the region have been vital to its tech evolution. From e-commerce to healthtech and beyond, East Ventures has nurtured innovations and entrepreneurship and shaped the region’s brightest minds into excellent founders.
Lessons in entrepreneurship and adaptability: RPG Commerce’s Melvin Chee on building a successful consumer product business
At the onset of his career, Melvin Chee knew he did not want a typical 9-5 job. At 18, he did his first internship with a startup founded by his cousin, Fong Wai Hong, in Melbourne. He went on to also intern for Groupon Malaysia and the online learning platform Udemy in the US. In San Francisco, he got a taste of the startup life in Silicon Valley. He became captivated by the innovative culture and dreamed of bringing that experience back to Malaysia.
Beyond Southeast Asia: Exploring global opportunity
Over the past decade, Southeast Asia's tech landscape has undergone a significant transformation. From budding startups to global expansion, the region is entering its golden era, backed by solid management, operations, and infrastructure.