The role of fintech in closing the financial gap in Indonesia
In recent years, Indonesia's digital financial services have experienced a boom as COVID-19 became the unexpected catalyst that accelerates digital transformation and technology adoption. The immense adoption of digital financial services is driven by several key factors, including growth in mobile internet penetration, the rise of digital merchants, and accelerating consumers' adoption.
Mighty Jaxx raises US$ 20 million in series A+ funding led by East Ventures
Mighty Jaxx, an award-winning future culture company that designs and produces phygital collectibles, announced the first close of US$20 million in their oversubscribed Series A+ funding round, pushing the company’s valuation to over US$200 million.
Being working moms: balancing motherhood and career
The first session of East Ventures' initial Women with Impact Forum on 16 February 2022, invited East Ventures’ Venture Partner, Avina Sugiarto; Mindtera’s Co-Founder and CEO, Tita Ardiati; and Nusantics’ Co-Founder and CEO, Sharlini Eriza Putri. It is moderated by East Ventures’ Senior Investment Associate, Stacy Oentoro.
East Ventures, Berkolaborasi dengan Katadata dan PwC Indonesia, Merilis Laporan East Ventures – Digital Competitiveness Index 2022
East Ventures, perusahaan venture capital yang memelopori investasi startup teknologi di seluruh bidang (sector-agnostic) dan paling aktif di Indonesia, bersama Katadata Insight Center dan PwC Indonesia meluncurkan East Ventures - Digital Competitiveness Index (EV-DCI) 2022. Laporan riset EV-DCI 2022 merupakan pengukuran daya saing digital Indonesia dengan tema “Menuju Era Keemasan Digital Indonesia”.
![Bali’s Radiya Rondi enjoying a perfect tube ride in Grajagan, East Java [doc: ASC]](https://east.vc/wp-content/uploads/2022/06/Ombak-TH_-6729-scaled-1-320x202.jpg)
East Ventures mensponsori dua turnamen selancar terbesar di Indonesia
East Ventures mensponsori dua turnamen selancar terbesar di Indonesia 4 Maret 2022 East Ventures sangat bangga untuk memberikan dukungannya untuk dua kompetisi selancar di Bali, Vans Bali Pro presented by East Ventures, yang akan diselenggarakan pada 8-9 Maret dan Liga Surfing Indonesia 2021 Grand Final pada 11-13 Maret, di destinasi pantai paling terkemuka, Halfways, Pantai Kuta, Bali. Vans Bali Pro presented by East Ventures akan menyambut para kompetitor pria dan wanita dalam Men’s and Women’s World Surf League Qualifying Series serta Pro Junior Boys and Girls yang akan berlomba di kompetisi internasional pada awal minggu [...]
East Ventures sponsors two major Indonesia surfing tournaments
East Ventures is beyond happy to announce its support of not one but two surfing tournaments in Bali, the Vans Bali Pro presented by East Ventures from 8-9 March and the Liga Surfing Indonesia 2021 Grand Final from 11-13 March, which take place at Bali’s most well known beach destination of Halfways, Kuta Beach, Bali.
The importance of accelerating Indonesia’s digital competitiveness
According to the e-Conomy SEA 2021 by Google, Temasek, and Bain & Co., Indonesia's digital economy is valued at US$ 70 billion Gross Merchandise Value (GMV) in 2021. This number has grown 75 per cent compared to the pre-pandemic condition in 2019. In 2025, Indonesia is projected to surge to US$ 146 billion GMV.
More Indonesian companies installing rooftop solar panels
More Indonesian companies such as apparel manufacturer Pan Brothers are banking on the sun in their march towards sustainability. In January, three factories of Pan Brothers in Boyolali regency, Central Java, began operating rooftop solar panels that can generate 1,800 kilowatt peak (kwp), the rate at which they generate energy at peak performance such as on a sunny day in the afternoon.