East Ventures launches its inaugural Sustainability Report 2022
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, today launched its inaugural report named East Ventures - Sustainability Report 2022. This report lines out robust progress and a range of initiatives among the firm and its ecosystem in engaging the Environmental, Social, and Governance (ESG) frameworks and practices in achieving a more sustainable and inclusive future.
Rising biotech innovations to address Indonesia’s healthcare problems
With an over 270 million population, Indonesia remains an emerging medical market, supported by the surge of healthcare awareness demanded by the rising middle-income community. However, the country has faced chronic problems as the pandemic unveils shortcomings and an elevated sense of urgency to develop a more resilient healthcare system and innovations.
The Parentinc, SEA’s #1 parent-tech company, raises US$ 22 million in series D funding round led by East Ventures
The Parentinc, a fast-growing tech company headquartered in Singapore, today announces that it has successfully closed a US$22M round. The round comprised a mixture of primary and secondary investment alongside venture debt. The funding round was led by East Ventures as well as other undisclosed investors.
East Ventures appoints Koh Wai Kit as Managing Partner, alongside several promotions of members of the EV Team
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, announced the appointment of Koh Wai Kit as its new Managing Partner of East Ventures. In his new role, Koh Wai Kit will be responsible for further building on East Ventures’ leadership position in Indonesia and Southeast Asia region.
How women-led tech startups create gender equality in the workplace
The awareness of gender equality and diversity in the workplace has emerged worldwide, including in Southeast Asia's work sphere. Many Southeast Asia companies realize the importance of gender diversification and equality but still figure out how to address those issues in the workplace.
JiPay raised US$ 1.3 million of Seed funding led by East Ventures
JiPay, a Singapore-based fintech startup creating an inclusive financial services platform for migrant domestic workers, announced that it has secured US$ 1.3 million in Seed funding. This round of funding was led by East Ventures, with participation from SHL Capital as well as strategic angels including the Manila Angel Network and Shivaas Gulati (Co-Founder of Remitly).
TipTip, a one-stop platform for content creators, raised US$ 10 million in seed funding led by East Ventures
TipTip, a one-stop platform for content creators across Southeast Asia, today announced that it has secured US$ 10 million in the seed funding round, marking one of the biggest seed rounds ever. This funding was led by East Ventures, with the participation from Vertex, EMTEK, SMDV, and prominent family offices.
The promising rise of mental health startups in Indonesia
The urgency for innovation and access in the mental health vertical has never been more pivotal. On a macro level, there has been a global shift in consumer demand for quality health and wellness services and a significant lift in education and affluence in Southeast Asia, presenting a promising context for this industry.