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.
The Opportunity of Startup Ecosystem in Indonesia
East Ventures has focused on Indonesia since day one, meaning East Ventures' hypothesis changes in sync with evolutions in the archipelago’s ecosystem.
What do Founders Say about East Ventures?
East Ventures has accompanied these startup founders in the past 10 years on their startup journeys, and felt the ups and downs together.
Indonesian Social Bella Secures US$40 Million Series D Investment
Temasek, Pavilion Capital, EDBI and Jungle Ventures join the existing investors to support Social Bella broaden its reach to 100 million users.
Bullish Venture Capital Spot Big Promise in Indonesia’s Trucking Sector
Indonesia’s trucking space has witnessed a spike in investor interest as VCs flock to invest early in a sector they hope will become the next big thing.
Ng Yi Ying of AllSome Fulfilment on Cracking the Cross-Border Logistics Challenge
AllSome Fulfillment provides logistics service like virtual warehouse and fulfillment services for Southeast Asian online sellers.
Southeast Asian Startups Gain Global Venture Capital Spotlight
Young startups in Southeast Asia received $8.58bn in first seven months of 2019. East Ventures is the most active venture capital in the region.
Kedai Sayur Raise $4 Million Led by East Ventures
The fresh fund will accelerate Kedai Sayur to onboard more vegetable hawkers and retailers, as well as to develop its technology.
East Ventures Closed Oversubscribed Sixth Fund at $75 Million
With the new fund, East Ventures cemented its commitment to continuously support the Southeast Asian startup ecosystem, particularly Indonesia.
99.co Completes US$15.2M Series B Funding Round
The fresh funding will be funnelled to the plan of 99.co to build and extend its reach in Singapore and Indonesia,and launch new financial products.
East Ventures is the Most Consistent Top Performing Venture Capital in the World
East Ventures had three out of three of their venture capital funds in the top quartile, based on Preqin's research in their latest report.
Indonesian Beauty Platform Social Bella Embraces O2O with the Launch of Physical Store
The 425 sqm store included an interactive display that connects customers to the Sociolla and SOCO platforms by the company.
AllSome Fulfillment Raise US$ 1.94M Seed Funding Led by East Ventures
The investment will accelerate AllSome Fulfillment’s mission to support effective cross-border e-commerce fulfillment needs.
Singapore Fintech Startup Helicap Acquires Securities Firm Arcor Capital
Helicap Group will use Arcor Capital and Helicap Investments to raise S$250 million in capital from accredited investors.
Indonesia’s Property Technology (Proptech) Startup Scene: What You Need to Know
Indonesia’s Property Technology (Proptech) Startup Scene: What You Need to Know 30 July 2019 Property is the largest asset class in the world—it's worth more than all stocks and bonds combined. In large markets like [...]
Indonesian B2B Marketplace Ralali Closes $13m Series C
Ralali has grown its gross merchandise value 5x in 2018 and says it is on track to register 3-4x growth across 25 cities in Indonesia this year.
Blockchain-Powered Fintech Firm Omise Raises Fresh Financing
Founded in 2013, Omise develops an open financial infrastructure that combines traditional and non-traditional financial services and platforms.
Secured Seed Funding, Wahyoo to Acquire 13 Thousand Warteg
The fresh funding is to be used for product development and talent acquisition, for Wahyoo can provide better service to all warteg partners.