East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, announced the appointment of Koh Wai Kit as its new Managing Partner of East Ventures. In his new role, Koh Wai Kit will be responsible for further building on East Ventures’ leadership position in Indonesia and Southeast Asia region.
Willson Cuaca, Co-Founder and Managing Partner of East Ventures said, “We are pleased to welcome Wai Kit as Managing Partner of East Ventures. Since he worked closely with us as Venture Partner, he has delivered many positive impacts for East Ventures and the team. We are proud to have him join our leadership team to strengthen our foundation and accelerate growth.”
Koh Wai Kit joined East Ventures as the Venture Partner in February 2021, where he brings over a decade of experience and network in the investment industry. He founded and was CEO of a licensed fund management platform in 2021. He was also the founding member of Pavilion Capital, a Temasek company focused on Asia private equity and venture capital where he spearheaded investments in China, Japan, Korea, and Southeast Asia including in several tech unicorns such as Gojek, Didi, Xiaohongshu, Toss, and freee. Prior to setting up Pavilion Capital, Wai Kit served in investment, strategy, and portfolio management functions at Temasek.
Prior to joining Temasek, he was a member of the Singapore Administrative Service involved in public policy formulation and implementation. Wai Kit received his bachelor’s and master’s degrees in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology (MIT).
“East Ventures is the leading venture investment platform in Indonesia and Southeast Asia. It is a privilege for me to join the team that has delivered outperformance and outsized impact to the region’s tech ecosystem. I look forward to working with the team, founders, and partners to bring East Ventures to the next level,” said Koh Wai Kit, Managing Partner of East Ventures.
The advancement of EV Team
This appointment is followed by several promotions of other team members to further strengthen East Ventures’ existence and operations in the market. East Ventures is glad to be able to further grow and excited to continue the journey with a stronger team on board.
The promotions made including:
- Devina Halim, Principal
- Yinwei Liang, Principal
- Stacy Oentoro, VP of Investment
- Silvia Hanika, Assistant VP of Portfolio Management
- Jennifer Lie, Richard Budhitresno, and Adhyati Pritakinari, Assistant VP of Investment
- Pheseline Felim, Head of Media & Marketing
- Jordy Tenka and Gavin Adrian, Senior Investment Associate
- Adriel Chua, Senior Investment Associate
- Taufan Febrianto, Senior Legal Associate
- Mohammad Fahmi, Investment Associate