Discover the latest insights and news from East Ventures’ ecosystem.
Insights
Capturing Indonesia’s beauty wave: A blooming market with immense potential
Indonesia, a rapidly growing economy with the world’s fourth-largest population, is emerging as a significant market for the global beauty and personal care industry. This sector is currently valued at US$7 billion and is projected to reach US$10 billion by 2027, with a healthy annual…
Insights
Indonesia’s F&B startups are more robust with the resilience of Indonesia’s economy
Food and Beverage (F&B) has appeared to be a resilient sector for Indonesia, notably with the revival of the tourism and hospitality industry. Now that people are itching to socialize and have a dine-in experience, the F&B sector recorded 5.33% Year-on-Year (YoY) GDP growth in…
Insights
Navigating the fintech landscape: Indonesia’s journey and potential
Indonesia’s fintech sector has undergone dynamic evolution, beginning with innovations in online payments and diversifying into different vertical industries, reaching the untapped markets in tier 2 and tier 3 cities, and addressing the unique financial needs of other startups in the ecosystem. This evolution highlights…
Insights
Finding startup profitability in Southeast Asia’s digital landscape
In recent years, the startup business landscape has experienced a challenging time, a so-called “tech winter,” a period when startups are facing a tougher fundraising climate and persistent inflation. This phenomenon has prompted startups to pivot towards building more sustainable business models focused on driving…
Insights
EV-DCI 2024: Examining the digital potential of Indonesia’s regions
The East Ventures – Digital Competitiveness Index (EV-DCI) 2024 report has again mapped the digital competitiveness of Indonesia’s provinces and cities. The latest report shows that several provinces are considered to have prospective digital potential, including East Java, Yogyakarta, Bali, Riau Islands, East Kalimantan, North…
Insights
What’s next in Indonesia’s healthcare landscape: Digital transformation, preventive care, and early detection
The Indonesian healthcare landscape has improved significantly in the past decade. It has strengthened access to funding through the successful rollout of the BPJS Kesehatan, or universal healthcare, and the successful reforms implemented through the Omnibus Law that we will see in the coming years.…
Insights
Indonesia’s strategy to decarbonize its way into a prosperous green economy
With extreme weather conditions such as drought, heatwaves, heavy rains, floods, and landslides occurring worldwide, climate change has become a catastrophe that needs international attention and commitment. Southeast Asia and Indonesia in particular, are not free from this torment – rising sea levels are threatening…
Press Release
Climate Impact Innovations Challenge awarded SunGreenH2, Hydrogen Refinery, and AC Biode a total of Rp10 billion in grant funding to pilot their solutions in Indonesia
East Ventures and Temasek Foundation are proud to conclude the Climate Impact Innovations Challenge (CIIC) 2024, Indonesia’s largest climate tech innovations competition. This program was a culmination of an inspiring journey that began on 4 March 2024 and was concluded with a Grand Finale on…