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.
Balancing acts in the digital ecosystem: Can profit and sustainability align?
In the past two years, we have faced the COVID-19 pandemic that brought uncertainty in businesses but also accelerated the growth of digital consumer adoption at the same time. The acceleration brought Indonesia to glimpse an astonishing growth of the digital economy.
Sustainable food production by compression of fishery’s fragmented supply chain in Indonesia: East Ventures’ thesis on local agritech, Aruna
With over 23 million tons of annual seafood production, Indonesia is second only to China in the global seafood market. The fishery sector generates approximately US$ 4.1 billion in annual export earnings, empowers more than 7 million jobs, and contributes 50% of Indonesia's animal-based dietary protein.
East Ventures presents its first women-centered forum, Women with Impact Forum
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, today presented its first women-centered forum, named Women with Impact Forum. The forum provided the participants with three main sessions featuring several top key panelists from East Ventures and tech startup leaders. They shared their views and experiences towards women-related issues.
Roderick Purwana makes the Fortune Indonesia 40 Under 40 list
Roderick’s experience as a startup founder shaped him into the investor who has a better understanding and a two-way empathy that he is today. Anticipating the moment of the startups within the ecosystem make their grand debut on the stock exchange.
Synergy in East Ventures’ ecosystem: SIRCLO acquires Warung Pintar
Major congratulations to SIRCLO and Warung Pintar! Being the early-backer of both companies, East Ventures is beyond proud and excited to see SIRCLO which has acquired Warung Pintar. The acquisition is a concrete testament to their shared mission in accelerating Indonesia’s digital transformation.
Got “Mental Struck,” Platforms can now help
Nowadays, several platforms can facilitate people to consult on their mental health issues, such as Mindtera, Riliv, and Bicarakan.id. These platforms can eliminate the problems of reluctance, shyness, and talking issues. The growth of mental health platforms stands very promising.