The role of fintech lending to Indonesia’s agribusiness sector
Agriculture plays a significant role in Indonesia's economic growth and development. It contributed to 14% of the nation's GDP in 2020, and the sector employs 29% of the Indonesian workforce. However, most Indonesian farmers are still living in poverty. According to World Bank’s data, around half of the Indonesian farmers are smallholders that earn an average of US$ 3.2 per day.
East Ventures: Uplifting Indonesian Society Through The Digital Economy, a case study by the CIIP
As the largest venture capital (VC) fund in Indonesia, investing in early-to-growth stage digital solutions across Southeast Asia and Japan, East Ventures has invested in digital solutions that solve the pain points of local communities, including by increasing access to education and optimizing end-to-end logistics, creating seamless and safe payment processes, and democratizing access to commerce.
Willson Cuaca’s coconut framework wants startups to focus on core strengths
More often than not, relying on a single specialized tool will be better suited for a particular job when compared to using a lot of gadgets and trying to force things to work.
Fundraising tips for startup founders
Unlike conventional companies, the startup business model relies heavily on external capital support. Then, how can startup founders find investors so quickly?
East Ventures donated 53 oxygen concentrators to BUMN Foundation for Indonesia
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 companies in Southeast Asia, continues its support to overcome the COVID-19 pandemic in Indonesia by donating 53 units of oxygen concentrator (OC) to the BUMN Foundation for Indonesia (BUMN Foundation).
Digitalization is a new engine to boost the economy in Bali
Famously named the "Island of Paradise," Bali has relied on tourism to back its economy for decades. The travel and tourism sector has become the source of most Balinese people's livelihood. Therefore, the pandemic has brought extreme struggles for the province with a 4.3 million total population that relied heavily on the tourism economy.
Reimagining Indonesia’s agriculture by strengthening the supply chain
Indonesia is known as one the world’s major agricultural nations and some of the world’s largest producers and exporters of crops such as rubber, copra, palm kernels, palm oil, coffee, cocoa, and spices. However, Indonesia’s agriculture technology and productivity falls behind neighboring countries, something we believe that we can improve the industry by improving the supply chain.
Web3 discovery platform Playground closes pre-seed round co-led by East Ventures and Mirana
Playground, a new platform dedicated to Web3 Gaming and NFT discovery, announced the completion of its oversubscribed pre-seed funding round co-led by East Ventures and Mirana Ventures.