News
Ringkas, digital mortgage platform, raises US$3.5 million in Seed round to roll out its platform across Indonesia
Ringkas, a digital mortgage platform with the vision to democratize home ownership, announced it has secured a US$3.5 million in Seed Round co-led by East Ventures and Crestone Venture Capital. Other investors that participated include 500 Global, Teja Ventures, Orvel Ventures, Hustle Fund, and others. With the capital from this round, the company will focus on advancing and scaling its platform across multiple cities in Indonesia and the secondary market.
Biotechnology and the future of healthcare in Indonesia
Indonesia generates millions of tonnes of waste daily, making it one of the largest waste-producing countries globally. The country also has the highest municipal waste in Southeast Asia, creating a pressing problem that affects public health, the environment, and the economy. But amidst this crisis lies an opportunity. Entrepreneurs and innovators can create sustainable solutions that can transform waste management practices in Indonesia.
EDB appoints East Ventures and other six fund management companies as Global Investor Programme
The Economic Development Board (EDB) of Singapore has appointed seven fund management companies as Global Investor Programme (GIP)-select funds. The seven fund managers offering GIP-select funds were appointed following a Call for Proposal (CFP) exercise conducted from 2-31 March this year.