Hacktiv8 raises US$3 Million Pre-Series A led by East Ventures
Hacktiv8 provides a solution to turn absolute beginners into job-ready web developers in 12 intensive weeks. The company claims to have close to 8,000 applicants, but only a portion able to be admitted as they put forward quality. The “Bootcamp” model of the program also forces students to spend upwards of 10 to 12-hour days, 5-6 days a week, for 12-18 weeks, leaving only the best could graduate the program.
Waresix Ups Series A Total to US$25.5 Million As It Grew More Than 30x in 2019 and Profitable
The US$11 million extensions come only less than 6 months after the announcement of it's latest US$14.5 million Series A round led by EV Growth in July 2019, bringing its total capital raised to more than US$27.1 million in equity in the last 18 months.
Homage Raises Series B Funding Led by EV Growth
Launched in 2017, Homage delivers personalized and holistic care to individuals, families, and organizations to enable wellness and recovery, be it at home, point-to-point (for medical tourism or escort and transportation), or care within the health and aged care facilities.
EV Growth Closes US$250 Million Fund
EV Growth, a Singapore headquartered venture capital firm, has hit the hard cap of its first fund at US$250 Million, exceeding the firm’s initial US$150 Million target. This milestone is the result of the firm’s admission of new Limited Partners (LPs) which include several Asian based family offices and two of Asia’s largest sovereign wealth funds, including Temasek.
Komunal Raised Seed Funding Led by East Ventures
Komunal was born when Hendry Lieviant with his two friends, Rico Tedyono and Kendrick Winoto, realized the huge credit gap that Indonesia faced in early 2018.
How Ruangguru and Sociolla Can Reach Their Inflection Point?
In a panel at East Ventures’ 10th Anniversary event, founders of Ruangguru & Sociolla shared how they built their startups and hit inflection point.
Southeast Asia’s Digital Economy Grows Really Fast But With a Caveat
According to Chng Kai Fong, the biggest challenge faced by the digital economy ecosystem in Southeast Asia is the lack of talents.
How to Build Unicorn Startups: Lessons from Tokopedia and Traveloka
The biggest challenge for unicorn startups is how to align the company's vision among talents and how the company can continue to evolve.
The Art of Investing in SEA’s Fastest-Growing Internet Economy
"There is a lot of gut feeling, but at the same time, you can sense it. Investing is indeed an art, it’s not really a science," Willson said.
East Ventures’ First LP Talks Importance of Getting the Right Support
Mr. Franky’s (East Ventures' first LP) first encounter with East Ventures happened when he had a chance to visit its Japan office in 2012.
How the Indonesian Government Support Digital Economy Industry?
Mr. Rudiantara said that the key to the development of digital economy in Indonesia is the shift of government’s role from the regulator to the facilitator.
3 Things That Indonesian VCs and Startups Need to Have in Mind
Mr. Thomas Lembong also recalled how he met Willson Cuaca for the first time when he was still a VC eight or nine years ago.
Coordinating Minister for Investments Luhut Pandjaitan: Indonesian Economy Perform Better
According to Mr. Luhut Binsar Pandjaitan, Coordinating Minister for Maritime Affairs and Investments, Indonesian economy is showing a positive trend.
East Ventures’ 10 Years Journey – Our Story
Right now, East Ventures has invested in 160 companies with their SEA fund, and their portfolios have created a huge ecosystem in Indonesia.
StickEarn Raises $5.5m from East Ventures and SMDV to Take Its Vehicle Ads to New Places
StickEarn provides a range of measurable advertising solutions for transport (car and motorcycle) as well as for indoor and outdoor settings.
Chrisanti Indiana, Elisa Suteja, and Jeff Budiman are listed on Prestige’s 40 Under 40 List
40 Under 40 is a list issued annually by Prestige that recognize 40 rising young personalities of today who'll become the leaders of tomorrow in Indonesia.
East Ventures Marks 10 Year Anniversary, Commits to Generating More Impact in Indonesia
With this 10 Year Anniversary celebration, East Ventures wants to focus on empowering more entrepreneurs that can create societal impact via innovation.
East Ventures Invests in Indonesian Rental Marketplace CUMI
CUMI is founded by Christian Sugiono, Pandu Wirawan, and Yazid Faizin, who often hesitate to purchasing items that will only be needed for a short time.
Nodeflux’s AI Takes Indonesia onto the NIST Prestigious International Leaderboard
Nodeflux achieves Top-25 world's best performing Face Recognition Algorithms ranking on the U.S. NIST assessment in September 2019.
Bank BRI and Traveloka to Launch PayLater Card
PayLater Card from Bank BRI offers an innovative channel for credit access to the underbanked Indonesians through end-to-end card management on Traveloka.
Presenting the Adweek 100: Fastest Growing Agencies
Adweek’s inaugural Fastest Growing Agencies list proves that it’s still possible to not only rise to these challenges but to succeed wildly.
Indonesia’s Julo Raises $10M to Expand Its P2P Lending Platform
Through its eponymous Android app, Julo provides loans of about $300 to users at aggressively competitive rate of 3-5% per month.
Private Equity and Venture Capital Turning to SEA for Growth Opportunities
In the first six months of 2019, six venture capital funds in Southeast Asia have raised a total of US$500mil, according to Preqin Ltd.
Indonesian Unicorn Traveloka Learns What Not to Do from Uber
Local research firm Alvara Strategic found Traveloka was by far the most popular booking app, with 79% of nearly 1,200 respondents being regular users.
Base Secured Seed Funding Led by East Ventures and Skystar Capital
Base is a direct-to-consumer beauty and wellness startup that caters to the diverse beauty needs of Indonesian women, by providing personalized products.