The biggest challenge for unicorn startups is how to align the company's vision among talents and how the company can continue to evolve.
"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.
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.
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.
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.
According to Mr. Luhut Binsar Pandjaitan, Coordinating Minister for Maritime Affairs and Investments, Indonesian economy is showing a positive trend.
Right now, East Ventures has invested in 160 companies with their SEA fund, and their portfolios have created a huge ecosystem in Indonesia.
StickEarn provides a range of measurable advertising solutions for transport (car and motorcycle) as well as for indoor and outdoor settings.
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.
With this 10 Year Anniversary celebration, East Ventures wants to focus on empowering more entrepreneurs that can create societal impact via innovation.
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 achieves Top-25 world's best performing Face Recognition Algorithms ranking on the U.S. NIST assessment in September 2019.
PayLater Card from Bank BRI offers an innovative channel for credit access to the underbanked Indonesians through end-to-end card management on Traveloka.
Adweek’s inaugural Fastest Growing Agencies list proves that it’s still possible to not only rise to these challenges but to succeed wildly.
Through its eponymous Android app, Julo provides loans of about $300 to users at aggressively competitive rate of 3-5% per month.
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.
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 is a direct-to-consumer beauty and wellness startup that caters to the diverse beauty needs of Indonesian women, by providing personalized products.
East Ventures has focused on Indonesia since day one, meaning East Ventures' hypothesis changes in sync with evolutions in the archipelago’s ecosystem.
East Ventures has accompanied these startup founders in the past 10 years on their startup journeys, and felt the ups and downs together.
Temasek, Pavilion Capital, EDBI and Jungle Ventures join the existing investors to support Social Bella broaden its reach to 100 million users.
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.
AllSome Fulfillment provides logistics service like virtual warehouse and fulfillment services for Southeast Asian online sellers.
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.
The fresh fund will accelerate Kedai Sayur to onboard more vegetable hawkers and retailers, as well as to develop its technology.