Reinventing Indonesia’s supply chain through digital collaboration
Have you ever experienced a lost package when you shop online? Or did your package ever take too much time to arrive at your doorstep when you needed it most? Though serving as the backbone of Indonesia’s economy, the logistics industry still has several flaws. Particularly, inefficiencies in the logistics sector in the country with over 17,000 islands are due to unconnected national supply chain information. This creates a dynamic yet challenging distribution flow.
Strengthening business fundamentals, Bababos is on the path to profitability
Manufacturing startup Bababos believes it is on the path to profitability (path-to-profitability) which is strong after focusing on improving business fundamentals through significant improvements throughout 2023.
Exploring Southeast Asia’s logistics horizon
The ongoing problem of high logistics costs has affected the world since COVID-19 began, and Southeast Asia hasn't been spared. The steep expenditure is driven by several factors, such as supply and demand disruptions, geopolitical and economic uncertainty, compounded by surging inflation, and amongst others.
East Ventures’ sustainability action: planted 1,250 mangroves in Central Java, Indonesia
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, announced its latest environmental initiative: Planting 1,250 mangrove trees in the coastal regions of Central Java, located exactly at Semarang Mangrove Center, Semarang.
RI digital economy to grow on slower trajectory amid profitability push
Indonesia is expected to see a deceleration in its digital economy growth in the coming years, in line with other emerging countries in the ASEAN region, as tech companies in the bloc face pressure to shift to profitability after years of focusing on growth.
Fresh Factory revolutionizes the cold chain in Indonesia
Larry Ridwan, CEO and founder of Fresh Factory, is a man who had already reached the pinnacle of his career at several major companies but still dared to chart a new course in his life. Born in Ambon, Maluku, Indonesia, Larry took a leap of faith by helping expand the fisheries market in Maluku.
Compawnion, a pet health and nutrition company, secured new funding led by East Ventures
Compawnion, an Indonesian pet food company, has secured a new funding led by East Ventures, the leading and pioneering sector-agnostic venture capital firm in Indonesia and Southeast Asia. The fund will be allocated to accelerate their distribution, research and development initiatives, broaden the company’s product portfolio, and effectively reach a larger demographic of pet owners who are looking for more health-conscious and sustainable choices for their beloved companions.
The future of Indonesian healthcare: Insights from Indonesia’s Minister of Health Budi Gunadi Sadikin and East Ventures’ Willson Cuaca
Indonesia's healthcare sector is on the brink of a significant transformation, and the catalysts were brought to light during a fireside chat at the Tech in Asia Conference 2023 in Jakarta. The discussion, titled 'The Future of Indonesian Healthcare,' featured a candid conversation between Mr. Budi Gunadi Sadikin, Indonesia's Minister of Health, and Willson Cuaca, Co-Founder and Managing Partner at East Ventures.