Why maintaining employees’ mental health is important for companies
The COVID-19 pandemic has come under control, with some work activities returning to the pre-covid working situation, such as coming to the office. However, companies cannot deny that the work-life balance during and post-pandemic has shifted the way people work and think about productivity. The dynamic situation has led to increased mental health concerns, including impacted stress levels among employees.
Cold chain may be the next opportunity for Indonesia’s logistics startups
Indonesian last-mile logistics startup Paxel found that almost half of its shipments are of frozen food – primarily from MSMEs sending their products to customers. This is despite the company’s fleet mainly made up of motorcycles that are not equipped with any kind of refrigeration.
Pushing financial literacy after inclusion
Financial inclusion is crucial for any nation to accelerate economic growth by improving equal financial access and support for doing business, such as transactions, payments, savings, credit and insurance. Financial inclusion will foster entrepreneurship and scalability, which will lead to reducing poverty and economic inequality in the long term.
Bioma, a Product-as-a-Service startup, raised pre-seed funding co-led by East Ventures and Init-6
Bioma, a Product-as-a-Service startup that enables consumers to rent various types of physical assets, announced the completion of an undisclosed amount of pre-seed funding round co-led by East Ventures and Init-6. Bioma will allocate the fund to further expand its services, especially in catering to different use cases of the customers. Bioma will also utilize the fund to invest in more resources, mainly to add operations, products, and tech talents, ensuring a seamless user experience.
Get to know Batik Parang and how its philosophy resonates with East Ventures’ values
Indonesia is widely known for its Batik — an art and textile-making technique. Hundreds of kinds of Batik originating from various regions and districts in Indonesia carry the beauty in its art, its deep meaning, and philosophy.
Coffee tech startups serve coffee goodness for all, from farmers to consumers
Who doesn't love coffee? At East Ventures, we are deeply in love with coffee. Our portfolio has three coffee-focused tech startups: Otten Coffee, Fore Coffee, and Morning.
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.