East Ventures Invests in Indonesian Rental Marketplace CUMI
CUMI is founded by Christian Sugiono, Pandu Wirawan, and Yazid Faizin, who often hesitate to purchasing items that will only be needed for a short time.
Bank BRI and Traveloka to Launch PayLater Card
PayLater Card from Bank BRI offers an innovative channel for credit access to the underbanked Indonesians through end-to-end card management on Traveloka.
Presenting the Adweek 100: Fastest Growing Agencies
Adweek’s inaugural Fastest Growing Agencies list proves that it’s still possible to not only rise to these challenges but to succeed wildly.
Indonesia’s Julo Raises $10M to Expand Its P2P Lending Platform
Through its eponymous Android app, Julo provides loans of about $300 to users at aggressively competitive rate of 3-5% per month.
Indonesian Unicorn Traveloka Learns What Not to Do from Uber
Local research firm Alvara Strategic found Traveloka was by far the most popular booking app, with 79% of nearly 1,200 respondents being regular users.
Base Secured Seed Funding Led by East Ventures and Skystar Capital
Base is a direct-to-consumer beauty and wellness startup that caters to the diverse beauty needs of Indonesian women, by providing personalized products.
Indonesian Social Bella Secures US$40 Million Series D Investment
Temasek, Pavilion Capital, EDBI and Jungle Ventures join the existing investors to support Social Bella broaden its reach to 100 million users.
Kedai Sayur Raises $4 Million Led by East Ventures
The fresh fund will accelerate Kedai Sayur to onboard more vegetable hawkers and retailers, as well as to develop its technology.