Social Bella raised US$58 million Series E funding
Social Bella Retains Investor Support Through Its Latest Investment Round Amid COVID-19 6 July 2020 JAKARTA, 6 July 2020 - Social Bella raised US$58 million series E funding from existing investors including Singapore-headquartered Temasek, Pavilion Capital, and Jungle Ventures. The investment comes amid turbulence within the overall business environment due to the current coronavirus pandemic. The latest funding round will further boost the leading beauty-tech startup growth in Indonesia’s beauty and personal care market, which, according to Euromonitor, is expected to grow to US$8.5 billion by 2022. With the continued support from its investors, Social Bella is [...]
BukuWarung raises Pre-A round funding
BukuWarung raises Pre-A round, brings total funds to 8-Figures 7 July 2020 JAKARTA — BukuWarung, an accounting and credit management app for Indonesian micro-businesses that is part of Y Combinator’s current batch of startups, today announced its Pre-A funding round led by Quona Capital, a VC firm focused on fintech in emerging markets, alongside strong participation from existing investors East Ventures, AC Ventures, Golden Gate Ventures, Tanglin Venture Partners and Michael Sampoerna. Founders of Snapdeal, who are investors in Khatabook, also participated in the round. In Indonesia, 60 million MSMEs contribute over 60% of the [...]
Bonza Raised Seed Funding from East Ventures
Bonza Raised Seed Funding from East Ventures, Using Math Algorithm to Project COVID-19 Effective Reproduction Number 26th May 2020 JAKARTA, 26th May 2020 — Bonza, a big data analytics company, announced seed funding from East Ventures Bonza's co-founders, Elsa Chandra and Philip Thomas, met in Traveloka. Elsa was leading investments for the company, while Philip was leading one of the data teams and developing big data models to improve Traveloka’s products. At Traveloka, Elsa and Philip witnessed how big data models accelerated the speed and quality of insights to make better commercial decisions in the [...]
BukuWarung raised seed funding led by East Ventures
BukuWarung raised seed funding led by East Ventures, to empower 60 million MSMEs in Indonesia 8 April 2020 JAKARTA, 7 April 2020 — BukuWarung, an accounting app for MSMEs to digitise their bookkeeping, has raised an undisclosed amount of seed funding in a round led by East Ventures. AC Ventures (previously Agaeti Ventures & Convergence Ventures), Golden Gate Ventures, Tanglin Venture Partners, and Michael Sampoerna joined the round with strategic angel investors from Grab, Gojek, Flipkart, PayPal, Xendit, Rapyd, Alterra, ZEN Rooms and others. The company will use the funds to strengthen its market leadership [...]
Dampak Covid-19 ubah perilaku pengguna perusahaan peer-to-peer lending Komunal
Komunal membantu kontraktor dalam menghimpun dana untuk membangun ruang isolasi untuk penanganan kasus Covid-19.
Nusantics raised seed funding from East Ventures
Nusantics is a technology company that focuses on applying advancements in genomics and microbiome research to fulfill consumer needs of a healthy yet sustainable lifestyle.
Greenly Secured Seed Funding Led by East Ventures
Greenly is a Surabaya-based F&B fast-casual retail chain startup that serves healthy food and beverage.
Moladin Raises Pre-Series A Round Led by East Ventures
Founded in 2017, Moladin starts by providing a platform for Indonesian consumers to purchase new motorbikes without hassle. Their platform allows customers to transact and complete their purchase in one platform, getting information about motorcycles and bikes, provides an online directory for bikers to find the nearest servicing workshop, and communities to exchange reviews on spare parts and apparels.