News

Avina Sugiarto

18 July 2022

Press Release

East Ventures appoints Avina Sugiarto as Partner

East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 200 companies in Southeast Asia, announced the appointment of Avina Sugiarto as a Partner at the firm. Willson Cuaca, Co-Founder and Managing Partner of East Ventures, said ”It is our honor to promote…

Chickin Founders|Tanaku Team

15 July 2022

Press Release

Chickin, an Indonesia-based poultry startup, raised seed funding led by East Ventures

Chickin, an Indonesia-based poultry startup, raised an undisclosed amount of seed funding led by East Ventures with the participation of other investors. The investment will accelerate Chickin’s mission in enhancing Indonesia’s food security, where Chickin will allocate the fund to focus on improving their growth,…

Tanaku Team

14 July 2022

Press Release

Proptech platform, Tanaku raises US$ 5.5m pre-seed funding led by East Ventures to radically transform home ownership in Indonesia

Tanaku, an Indonesia-based proptech startup, raised US$ 5.5m of pre-seed funding led by East Ventures. The round included equity and debt capital from an International Bank. The fresh capital will accelerate Tanaku’s mission to make homeownership accessible and radically transform the home buying experience, with…

Earned Wage Access

12 July 2022

Insights

Earned Wage Access as the financial solution for employees and companies

The fintech sector has grown exponentially in Indonesia as it could fill the financial gap for millions of people. However, other issues appeared as some people were trapped by illegal fintech lending and lack of financial literacy, making it difficult to manage their wealth and…

Roderick Purwana

11 July 2022

Insights

Recession run: East Ventures’ bets during a downturn

The funding winter is here. News of layoffs and troubles in startups have been cropping up. In this Q&A series, we talk to Southeast Asia’s investors to suss out what opportunities they see, their thinking, and areas of investment they are looking at in the…

AMODA Team

8 July 2022

Press Release

AMODA, a property and construction startup, raised pre-seed funding led by East Ventures

AMODA, a property and construction startup in Indonesia, has secured an undisclosed amount of pre-seed funding from East Ventures, the leading sector-agnostic venture capital firm in Indonesia and Southeast Asia. AMODA was founded by Robin Yovianto, Co-Founder & Chief Executive Officer of AMODA and Agusti…

Kini Team

7 July 2022

Press Release

Kini, an Indonesian on-demand payroll provider, raised US$ 4.3 million in seed funding led by East Ventures

Kini, an Indonesian on-demand payroll provider, raised US$ 4.3 million of seed funding led by East Ventures, with participation from other investors. Kini will allocate the fresh funds to continue building out its HR-Fintech product suite, and invest in expanding enterprise partnerships and HR tech…

Several things Indonesian startups shall do when finding digital human resources

6 July 2022

Insights

Several things Indonesian startups shall do when finding digital human resources

Digital skills are essential for companies in the employee selection process in various professions nowadays. Finding employees with good digital skills and providing higher remuneration than other professions are several forms of companies prioritizing tech investment. This finding comes from a survey in East Ventures-Digital…

McEasy Co-founders - Hendrik Ekowaluyo and Raymond Sutjiono

5 July 2022

Press Release

McEasy closes US$6.5 million series A funding led by East Ventures

McEasy, a startup that provides Software-as-a-Service digital solutions for logistics operators and vehicle tracking, has raised US$6.5 million (approximately IDR 97 billion) Series A investment round led by East Ventures. The Indonesia-based company intends to use the funds to enhance its tech capabilities, develop a…

Willson Cuaca

5 July 2022

Insights

East Ventures remains bullish on Indonesia & Southeast Asia despite headwinds

The year 2022 may look rosy at first glance with high hopes of a post-pandemic recovery as most countries are re-opening their borders after disruptions from the COVID-19 pandemic. The Russian invasion of Ukraine early of the year has significantly affected the energy and commodities…