The Parentinc, SEA’s #1 parent-tech company, raises US$ 22 million in series D funding round led by East Ventures
The Parentinc, a fast-growing tech company headquartered in Singapore, today announces that it has successfully closed a US$22M round. The round comprised a mixture of primary and secondary investment alongside venture debt. The funding round was led by East Ventures as well as other undisclosed investors.
East Ventures appoints Koh Wai Kit as Managing Partner, alongside several promotions of members of the EV Team
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.
Technology integration enables nuanced experience in shopping
The development of digitalization is not always about shifting from offline to online; it is also the integration of many things. Although Indonesia’s income per capita is not yet the biggest in Asia, digital adoption in our country is relatively successful. Also, mobile phone ownership grows more exponentially in Indonesia compared to other countries. The pandemic has accelerated the demand to shift from offline to online.
Equal distribution of digital and data-driven talents in the logistics sector
With Indonesia’s big population, there is a high demand for logistics. However, the logistic costs are equally high. One of the causes is that Indonesia has many islands, yet infrastructure is concentrated only on a few of them.
Business relevance is the answer to regional digital divide
Recently, we did collaborative studies with LPEM FEB UI at the end of 2021 to demonstrate the development of Eastern Indonesia in relation to the existence of Grab. This study focused on two areas: Kupang and Jayapura.
Bridging the gap to drive growth through digital distribution
First is the infrastructure issue. Although infrastructure is now progressing in a positive trajectory, some blind spots remain unaddressed. The second issue is productive utilization of technology. Social media usage is already quite good, but the conversion level from usage into economic transactions is not yet sufficient.
Semakin banyak perusahaan Indonesia yang memasang panel tenaga surya atap
Semakin banyak perusahaan Indonesia yang menyimpan energi matahari untuk bergerak menuju keberlanjutan. Salah satunya diterapkan oleh pabrik pakaian Pan Brothers. Pada Januari lalu, tiga pabrik milik Pan Brothers di Boyolali, Jawa Tengah, mulai mengoperasikan panel surya atap yang dapat menghasilkan 1.800 kilowatt peak (kWp), nilai energi yang dihasilkan pada saat kinerja tertinggi, yang biasanya terjadi pada hari cerah di siang hari.
East Ventures presents its first women-centered forum, Women with Impact Forum
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, today presented its first women-centered forum, named Women with Impact Forum. The forum provided the participants with three main sessions featuring several top key panelists from East Ventures and tech startup leaders. They shared their views and experiences towards women-related issues.