‘Impact investing is here to stay’: Melisa Irene
‘Impact investing is here to stay’: Melisa Irene May 24, 2021 Impact investing breaks the misconceptions that profits and social impacts cannot go hand in hand. As the most active venture capital firm in Indonesia, East Ventures believes that investing in the right companies matters, not only in terms of profit, but also in regards to the social impact. When it comes to investing in Indonesia, economic and social impacts are two sides of the same coin. As a developing country, Indonesia is full of potential: among its huge youth population, there are millions of [...]
Finantier raised a pre-seed funding led by East Ventures, bringing Open Finance to Indonesia and Southeast Asia
Finantier raised a pre-seed funding led by East Ventures, bringing Open Finance to Indonesia and Southeast Asia 23 November 2020 Finantier, Indonesia-based Open Finance startup, today announced a pre-seed funding round led by East Ventures with participation from AC Ventures, Genesia Ventures, and other investors. Diego Rojas, Keng Low, and Edwin Kusuma founded Finantier earlier this year to provide the infrastructure and data products required by businesses to build the next generation of financial services. The startup enables digital platforms to securely work in collaboration with financial institutions to create seamless and personalized experiences for [...]
ASUMSI.CO raises seed funding from East Ventures
ASUMSI.CO raises seed funding from East Ventures to build a tech-driven digital media platform 16 September 2020 JAKARTA — Multi-platform digital media startup Asumsi.co announced an undisclosed amount of seed funding from East Ventures. The investment will accelerate the company’s technology product development to expand its operations beyond content creation in a mission to build a sustainable media ecosystem. Journalist & former TV presenter Pangeran Siahaan founded Asumsi in 2017. The company is a digital media startup targeting young demographics, with a focus on current affairs and pop culture. Its fresh and unorthodox approach in covering current affairs [...]
Social commerce startup KitaBeli raises seed funding led by East Ventures
Social commerce startup KitaBeli raises seed funding led by East Ventures joined by ACV 25 August 2020 JAKARTA, 25 August 2020 — Social commerce startup KitaBeli today announced that it has raised an undisclosed amount of seed funding led by East Ventures. AC Ventures joined the round with participation from angel investors. KitaBeli is a social commerce platform that allows its users to buy daily essentials, FMCG, and other household items, in groups with their friends. Within the platform, users invite their friends to form groups in order to receive discounts from suppliers “Indonesian consumers [...]
Social Bella raih pendanaan Seri E
Social Bella Kembali Dapatkan Dukungan Investor Lewat Pendanaan Terbaru Di Tengah COVID-19 6 Juli 2020 JAKARTA, 6 Juli 2020 – Social Bella, startup beauty-tech terkemuka di Indonesia, mendapatkan pendanaan dari investor global termasuk Temasek dari Singapura, Pavilion Capital, dan Jungle Ventures. Investasi ini didapatkan perusahaan di tengah turbulensi dalam lingkungan bisnis secara keseluruhan karena pandemi coronavirus. Putaran pendanaan terbaru akan lebih meningkatkan pertumbuhan perusahaan di pasar perawatan kecantikan dan pribadi di Indonesia, yang menurut Euromonitor, diperkirakan akan tumbuh hingga USD 8,5 miliar pada tahun 2022. Dengan dukungan berkelanjutan dari para investornya, Social Bella berada pada [...]
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 [...]