EV Growth Expanded its Team with Major Hires
EV Growth Expanded its Team with Major Hires 6 January 2021 EV Growth, a joint venture between East Ventures, SMDV, and Yahoo! Japan Capital focused on providing growth capital to startups in Indonesia and the [...]
4 key components for a successful startup
4 key components for a successful startup 28 December, 2020 Due to its fast growing young population, Indonesia is expected to reap the benefits of an agile, innovative and increasingly digital economy. In parallel with [...]
Entrepreneurial mindset for startup founders: 4 stages of problem-solving
Entrepreneurial mindset for startup founders: 4 stages of problem-solving 23 December, 2020 The core of startup leadership is rooted in its founders’ entrepreneurial mindset. Melisa Irene, Partner of East Ventures, said that an entrepreneurial mindset includes [...]
Crisis or no crisis, entrepreneurship persists
Crisis or no crisis, entrepreneurship persists 8 December, 2020 The ongoing COVID-19 pandemic has brought about transformations to our daily lives. Not only has it changed individuals, it also reconstructed the way the economy works. [...]
Insider tips for startups on how to approach venture capital
Insider tips for startups on how to approach venture capital 4 December, 2020 This past year, the Indonesian digital economy has consistently seen exponential growth especially in terms of new consumers. According to the Google, [...]
Indonesia e-commerce solution platform Desty raises seed funding led by East Ventures
Indonesia e-commerce solution platform Desty raises seed funding led by East Ventures 1 December, 2020 Social commerce enabler startup, Desty, has raised an undisclosed amount of seed funding from East Ventures. Desty is a digital [...]
Office Hour with Willson Cuaca: What founders need to know about growing startup business and fundraising
Office Hour with Willson Cuaca: What founders need to know about growing startup business and fundraising 26 November, 2020 The young generation has become more and more creative as technological advancement increases. It has been [...]
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 [...]
Idea validation with Willson Cuaca: How to start an investment-worthy startup
Idea validation with Willson Cuaca: How to start an investment-worthy startup 12 November, 2020 On 5 November, 2020, Amir Karimuddin from DSLaunchpad 2.0 hosted a question and answer with East Ventures’ Co-Founder and Managing Partner, [...]
How Traveloka, Waresix and Sociolla raised US $408M in aggregate
How East Ventures’ portfolios, Traveloka, Waresix and Sociolla fought COVID-19 and raised US $408M in aggregate 2 November 2020 JAKARTA — In Tech in Asia Conference on 21 October, East Ventures founding partner, Willson Cuaca moderated a [...]
Willson Cuaca: Covid-19 spurs leap in Indonesia digital transformation
Covid-19 spurs an 18 months leap in Indonesia digital transformation journey, according to Willson Cuaca 9 October 2020 JAKARTA — The physical restrictions and lockdown imposed during the Covid-19 pandemic has accelerated digital adoption in Indonesia. Willson [...]
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 [...]
Indonesian logistics tech startup Waresix closes US$100 million fundraising
Indonesian logistics tech startup Waresix closes c.US$100 million fundraising 10 September 2020 JAKARTA — Waresix, Indonesia's leading logistics tech startup, today announced that it has concluded its Series B fundraising, and over the last year [...]
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 [...]
Aruna records 86x growth during pandemic
Aruna records 86x growth during pandemic, raised fresh funds from existing investors 12 August 2020 JAKARTA, 12 August 2020 — Aruna, a technology company in the marine and fisheries sector, closed a fresh round of [...]
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 [...]
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 [...]
East Ventures 8th fund
East Ventures Raises 8th Seed Fund for Tech Startups in Aftermath of Pandemic 26 June 2020 JAKARTA - Southeast Asia’s most active early-stage tech investment firm East Ventures announced that it has reached the first close [...]
Indonesia PASTI BISA Donates RT-PCR Test Kits
Indonesia PASTI BISA Donates 100,200 RT-PCR Test Kits to Labs Across Indonesia 18 June 2020 JAKARTA — Indonesia PASTI BISA has produced and distributed 100,020 RT-PCR test kits to 19 provinces in Indonesia. The development [...]
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 [...]
BukuWarung raised seed funding led by East Ventures
BukuWarung raised seed funding led by East Ventures, to empower 60 million MSMEs in Indonesia 8 April 2020 JAKARTA, 7 April 2020 — BukuWarung, an accounting app for MSMEs to digitise their bookkeeping, has raised [...]
Indonesia PASTI BISA disbursed IDR 5 billion
Indonesia PASTI BISA disbursed IDR 5 billion to procure raw materials for the production of 50.000 COVID-19 qPCR test kit 7 April 2020 JAKARTA, April 7, 2020 — Indonesia PASTI BISA, a collaborative movement initiated [...]
Nusantics completed a COVID-19 qPCR test kit design prototype
Nusantics completed a COVID-19 qPCR test kit design prototype 4 April 2020 JAKARTA, 4 April 2020 – Nusantics has finished a design prototype of qPCR diagnostic that can specifically detect SARS-CoV-2 virus. The design process [...]
East Ventures supporting development of COVID-19 test kits
East Ventures initiates Indonesia Pasti Bisa, supporting development and production of 100,000 COVID-19 test kits 27th March 2020 JAKARTA, 27th March 2020 — Since the finding of the first two cases of COVID-19 in early [...]
Nusantics raised seed funding from East Ventures
Nusantics is a technology company that focuses on applying advancements in genomics and microbiome research to fulfill consumer needs of a healthy yet sustainable lifestyle.