News

9 September 2019

Press Release

Base Secured Seed Funding Led by East Ventures and Skystar Capital

JAKARTA, 09 September 2019 — Base, Indonesia’s 6-month-old personalized direct-to-consumer (DTC) beauty and wellness company, announced earlier today that it has secured an undisclosed amount of seed funding led by East Ventures and Skystar Capital. This fresh investment will fuel Base mission to accelerate the…

6 September 2019

Insights

The Opportunity of Startup Ecosystem in Indonesia

We talk to Singapore-based East Ventures about the evolution of their Southeast Asian investment focus and the Indonesian start-up opportunity. 1. How have your funds evolved over the past 10 years (i.e. fund size, industry focus)? When we started East Ventures 10 years ago, we…

5 September 2019

From Portfolios

What do Founders Say about East Ventures?

Since its inception in 2009, East Ventures has met—and invested—in hundreds of startup founders from Southeast Asia, Japan, and other parts of the world. We’ve accompanied these founders in the past 10 years on their startup journeys, and felt the ups and downs together. There…

Social Bella Funding Series D|Sociolla Social Bella Founder|Social Bella Sociolla Series D Funding

2 September 2019

Press Release

Indonesian Social Bella Secures US$40 Million Series D Investment

Social Bella Indonesia (Social Bella), publicly well-known for its beauty e-commerce Sociolla, strengthens its position as the leading beauty-tech company in Indonesia through the announcement of its USD 40 million Series D investment. The round is co-led by EV Growth and Temasek, together with EDBI,…

2 September 2019

Insights

Bullish Venture Capital Spot Big Promise in Indonesia’s Trucking Sector

When Indonesia-based early-stage investor East Ventures decided to inject money into a company called Kargo in 2016, it was venturing into unknown territory. No venture capital (VC) firm had previously placed a bet on Indonesia’s problem-ridden trucking space, despite the emergence of a few startups…

30 August 2019

From Portfolios

Ng Yi Ying of AllSome Fulfilment on Cracking the Cross-Border Logistics Challenge

Ng Yi Ying, co-founder and CTO of AllSome Fulfillment, was attending Tsinghua University in Beijing when she met her fellow co-founder YiShu Liu, a Chinese national who was Ying’s landlord back then. YiShu Liu now leads AllSome as CEO. Liu was working for Amazon China and…

28 August 2019

Insights

Southeast Asian Startups Gain Global Venture Capital Spotlight

23 August 2019

Press Release

Kedai Sayur Raises $4 Million Led by East Ventures

Jakarta, 23 August 2019 – Indonesian startup that digitizes vegetable hawkers, Kedai Sayur, announced earlier today that it has closed a $4 million new round of funding. The round was led by East Ventures, Southeast Asian most active venture firm; with participation from Indonesia’s SMDV,…

22 August 2019

Press Release

East Ventures Closed Oversubscribed Sixth Fund at $75 Million

Jakarta, 22 August 2019 – Southeast Asian venture capital firm East Ventures announced today the close of its sixth fund at $75 million, exceeding more than double the firm’s initial $30 million target. This oversubscribed fund is supported by a diverse set of strong backers…

20 August 2019

Press Release

99.co Completes US$15.2M Series B Funding Round

After a report released by TechInAsia, today Singapore-headquartered real estate platform 99.co officially announces that it has raised a US$15.2M Series B round led by MindWorks Venture and Allianz X, with participation from existing investors East Ventures, Sequoia (India), and Eduardo Saverin. The fresh funding…

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Base Secured Seed Funding Led by East Ventures and Skystar Capital

Bullish Venture Capital Spot Big Promise in Indonesia’s Trucking Sector

Ng Yi Ying of AllSome Fulfilment on Cracking the Cross-Border Logistics Challenge

Southeast Asian Startups Gain Global Venture Capital Spotlight

Kedai Sayur Raises $4 Million Led by East Ventures

East Ventures Closed Oversubscribed Sixth Fund at $75 Million

99.co Completes US$15.2M Series B Funding Round

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