News – Insights
Genomics technology: A path to a healthier Indonesia
Genomics sequencing in Indonesia’s healthcare sector has greatly improved since the COVID-19 pandemic, although it is still in the early stage in this country.
How private and public sectors can collaborate to advance the Indonesian healthcare system
East Ventures has recently launched the White paper: “Genomics: Leapfrogging into the Indonesian healthcare future”, a collaborative report with Indonesia’s Health Ministry and a global consulting company, Redseer, on 16 February 2022, in Jakarta, Indonesia.
Why Indonesia should embrace genomics now
Two of the most critical pain points of Indonesia's healthcare system is the high mortality rates for non-communicable diseases, and high cost of treatment. The solution to this is developing genomics. Genomics technology will allow for early detection and targeted treatment, paving the way ahead to transform our healthcare system.
The future is green: unlocking Indonesia’s renewable energy potential
Indonesia is rich in natural resources, including coal, which has been the traditional commodity used for energy generation. This blessing also makes transitioning to renewable energy more difficult than countries without such resources. However, the global energy sector has shifted to green energy, and now is the time to unlock Indonesia's renewable energy potential.
East Ventures was listed in the Top Global & Asian investors in Q4 2022
East Ventures was again listed as one of the top ten global venture capital companies in Q4 2022, created by the global market intelligence platform CB Insights. Previously, East Ventures made the Q3 2022 list as the only SEA-based VC among both global and Asia regions.
East Ventures’ way of investing
Over the past decade, we have seen the immense development of the digital ecosystem and tech startups in Indonesia. Often this accelerated growth can not be separated from the support of venture capitalists.
‘Indonesia is entering its second phase of digitalization’: Willson Cuaca
The global economic recession continues to threaten amidst high interest rates. This became one of the factors affecting venture capital firms to disburse their investments in 2023.
Despite the global challenges, East Ventures remains bullish for Indonesia’s digital outlook for 2023
East Ventures remains optimistic about Indonesia’s digital economy prospect in 2023 despite the looming global economic turbulence. “The GMV growth of Indonesia’s digital economy is roughly double its GDP growth. We believe that the growth is still very robust in a few years. Hence, East Ventures is still very much bullish towards our digital economy in 2023,” explains Roderick Purwana, Managing Partner at East Ventures.