News

14 January 2020

Press Release

Waresix Ups Series A Total to US$25.5 Million As It Grew More Than 30x in 2019 and Profitable

Indonesian Logistics Startup Waresix Ups Series A Total to US$25.5 Million As It Grew More Than 30x in 2019 and Profitable 14 January 2020 Jakarta, 14th January 2020 – Waresix, Indonesia’s leading trucking and warehousing platform, today announced that it has raised an extension round…

13 January 2020

Press Release

Homage Raises Series B Funding Led by EV Growth

SINGAPORE – Homage, a leading on-demand caregiving services platform that combines qualified care professionals with smart technology, today announced that it has raised an undisclosed amount of Series B funding. The double-digit round was led by EV Growth, with new investors Alternate Ventures and KDV Capital…

31 December 2019

Press Release

EV Growth Closes US$250 Million Fund

Singapore, 30th December 2019 – EV Growth, a Singapore headquartered venture capital firm, has hit the hard cap of its first fund at US$250 Million, exceeding the firm’s initial US$150 Million target. This milestone is the result of the firm’s admission of new Limited Partners…

3 December 2019

Press Release

Komunal Raised Seed Funding Led by East Ventures

JAKARTA, 3 DECEMBER 2019 —Komunal, an online peer-to-peer (P2P) lending company based in Surabaya, Indonesia, announced earlier today that it has secured an undisclosed amount of seed funding led by East Ventures with participation from Skystar Capital. The investment will accelerate Komunal’s mission to bridge…

27 November 2019

From Portfolios

How Ruangguru and Sociolla Can Reach Their Inflection Point?

In a panel discussion at East Ventures’ 10th Anniversary event, founders of Ruangguru and Sociolla shared how they met East Ventures, built their respective startups, and hit the inflection point. Adamas Belva and Iman Usman recalled the first meeting with Willson Cuaca, that happened in…

Chng Kai Fong EDB Singapore Digital Economy

14 November 2019

Insights

Southeast Asia’s Digital Economy Grows Really Fast But With a Caveat

At East Ventures’ 10th Anniversary event, Chng Kai Fong (Managing Director of the Singapore Economic Development Board) shared his perspective on Indonesia – Singapore’s relationship, particularly on the digital economy landscape. According to him, as the closest neighbor, Indonesia plays an important role in the…

William Tanuwijaya Ferry Unardi Unicorn Founder

5 November 2019

From Portfolios

How to Build Unicorn Startups: Lessons from Tokopedia and Traveloka

Back in 2010, East Ventures met William Tanuwijaya, the co-founder of Tokopedia. The VC immediately believed in his vision, and Tokopedia became East Ventures’ first portfolio. Two years later, Ferry Unardi, a Harvard University dropout, pitched a convincing idea of a travel startup called…

1 November 2019

Insights

The Art of Investing in SEA’s Fastest-Growing Internet Economy

Founded in 2009, East Ventures is an early-stage fund that has invested in over 160 startups, including in unicorns like Tokopedia and Traveloka. It is one of the world’s top-performing venture capitals based on Preqin’s latest analysis. Recently, it has raised US$75 million for…

30 October 2019

Insights

East Ventures’ First LP Talks Importance of Getting the Right Support

Franky O. Widjaja, Chairman & CEO of Sinarmas Communication & Technology, is the first Limited Partner (LP) of East Ventures. At the venture capital’s 10th anniversary event, Mr. Franky shared his perspective of the digital economy industry and the reason why he decided to…

29 October 2019

Insights

How the Indonesian Government Support Digital Economy Industry?

Mr. Rudiantara (Ex-Minister of Communication and Information Technology of the Republic of Indonesia) attended our 10th-anniversary event and shared his perspective on the development of the startup ecosystem in Indonesia. At the beginning of his speech, Mr. Rudiantara admitted that he joined the cabinet…

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News

Waresix Ups Series A Total to US$25.5 Million As It Grew More Than 30x in 2019 and Profitable

Homage Raises Series B Funding Led by EV Growth

EV Growth Closes US$250 Million Fund

Komunal Raised Seed Funding Led by East Ventures

How Ruangguru and Sociolla Can Reach Their Inflection Point?

Southeast Asia’s Digital Economy Grows Really Fast But With a Caveat

How to Build Unicorn Startups: Lessons from Tokopedia and Traveloka

The Art of Investing in SEA’s Fastest-Growing Internet Economy

East Ventures’ First LP Talks Importance of Getting the Right Support

How the Indonesian Government Support Digital Economy Industry?

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