Fairbanc secures funding from East Ventures, ADB, Accion Venture lab, and Sampoerna to provide embedded credit products to Indonesia’s micro merchants
Fairbanc announced it has raised an undisclosed seven figures investment in a pre-Series A round from ADB Ventures, the Asian Development Bank’s venture arm, Accion Venture Lab, East Ventures, Indonesian billionaire Michael Sampoerna, and others.
East Ventures welcomes Italo Gani as its new Venture Partner to accelerate digital ecosystem growth
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 190 companies in Southeast Asia, is pleased to announce Italo Gani as a Venture Partner at the firm.
Waresix on connecting Indonesia’s fragmented logistics under a supply-and-demand aggregation platform
Inspired by the year he spent working in China during the e-commerce boom, Andree Susanto went back home and partnered up with Edwin Wibowo to create Waresix, a logistics tech startup.
Justika Raises Seed Funding from East Ventures, Expanding Public Access to Legal Services in Indonesia
Justika, a legal services marketplace based in Indonesia, announced earlier today that it has secured an undisclosed amount of seed funding. The funding round is led by East Ventures, with participation from Skystar Capital.
Finantier Raises 7-figure Seed Funding Led by East Ventures and Global Founders Capital, Planning to Strengthen Presence in Indonesia and SEA
Finantier, a Southeast Asian Open Finance startup providing an (Application Programming Interface) API platform for financial institutions to access and analyse consumer financial data, has raised a 7-figure seed funding round led by Global Founders Capital (GFC) and East Ventures (EV).
Stockbit helps increase financial literacy and financial access inclusion through technology
Stockbit helps increase financial literacy and financial access inclusion through technology June 3, 2021 As an investment platform in Indonesia, Stockbit has a dual mandate: to increase the country’s financial literacy rate as well as [...]
‘Impact investing is here to stay’: Melisa Irene
‘Impact investing is here to stay’: Melisa Irene May 24, 2021 Impact investing breaks the misconceptions that profits and social impacts cannot go hand in hand. As the most active venture capital firm in Indonesia, [...]
Transfez Raises Seed Funding from East Ventures and BEENEXT, Facilitating Convenient International Money Transfer
Transfez Raises Seed Funding from East Ventures and BEENEXT, Facilitating Convenient International Money Transfer May 19, 2021 Transfez, Indonesia-based fintech company, announced earlier today that it has secured an undisclosed amount in a seed round [...]
SIRCLO enables the growth of e-commerce in Indonesia, helps businesses to serve more consumers
SIRCLO enables the growth of e-commerce in Indonesia, helps businesses to serve more consumers May 17, 2021 Growing up in Bandung, Brian Marshal, Founder and CEO of SIRCLO has come to notice one thing pertaining [...]
East Ventures leads Bonza US$2m new round to accelerate go-to-market of AI no-code platform
East Ventures leads Bonza US$2m new round to accelerate go-to-market of AI no-code platform 6 May, 2021 Bonza raised US$2M in a new round led by East Ventures with participation from Elev8.vc. The company is [...]
Digitalization helps Bali’s small businesses to survive the pandemic
Digitalization helps Bali’s small businesses to survive the pandemic May 4, 2021 As it relies heavily on tourism to support its economy, Bali is one of the provinces hit hardest by the COVID-19 pandemic. However, [...]
East Ventures DCI: Nongsa Digital Park boosts digital ecosystems in Riau Islands, a tech talent magnet in Indonesia-Singapore border
East Ventures DCI: Nongsa Digital Park boosts digital ecosystems in Riau Islands, a tech talent magnet in Indonesia-Singapore border April 14, 2021 According to the EV-DCI (East Ventures Digital Competitiveness Index) 2021, among the most [...]
SIRCLO Acquires Orami To Strengthen Omnichannel Services for Brands and SMEs
SIRCLO Acquires Orami To Strengthen Omnichannel Services for Brands and SMEs April 7, 2021 The acquisition of Orami strengthens SIRCLO’s services as the empowerment engine for brands, expanding its consumer reach. SIRCLO and Orami aspire [...]
Pandemic accelerated digital transformation in Indonesia, making it more equal
Pandemic accelerated digital transformation in Indonesia, making it more equal March 23, 2021 East Ventures, a pioneering digital startup venture capital in Indonesia has launched the East Ventures Digital Competitiveness Index 2021. Today, the report [...]
Advotics raised fresh funding from East Ventures to accelerate supply-chain digital transformation in Indonesia
Advotics raised fresh funding from East Ventures to accelerate supply-chain digital transformation in Indonesia March 2, 2021 Advotics, an Indonesia-based SaaS startup specializing in data-driven supply chain solutions for brands and SMEs, announced earlier today [...]
Warung Pintar acquired Bizzy Digital to strengthen its end-to-end offerings
Warung Pintar acquired Bizzy Digital to strengthen its end-to-end offerings 24 February, 2021 Warung Pintar, a micro retail technology startup company, today announced the acquisition of Bizzy Digital, an integrated logistics and distribution supply chain [...]
Indonesia’s digital economy to slingshot into its golden era
Indonesia’s digital economy to slingshot into its golden era February 25, 2021 Taking a slingshot as an analogy, Indonesia’s digital economy is the rock that is being pulled back by the COVID-19. Indonesia’s digital economy [...]
Member.id raises US$1.1 million from East Ventures and Traveloka, helps brands to tap into Indonesia’s booming creator economy
Member.id raises US$1.1 million from East Ventures and Traveloka, helps brands to tap into Indonesia’s booming creator economy 17 February, 2021 Member.id, a loyalty service provider, marketing and technology firm, announced earlier today that it [...]
East Ventures appoints Koh Wai Kit as its new Venture Partner
East Ventures appoints Koh Wai Kit as its new Venture Partner February 9, 2021 East Ventures, an early-stage sector-agnostic venture capital firm that has supported over 180 companies in Southeast Asia and is widely known [...]
Singapore-based Qapita secures an investment from East Ventures to usher digital equity management to Indonesian startups
Singapore-based Qapita secures an investment from East Ventures to usher digital equity management to Indonesian startups 3 February, 2021 Qapita, a Singapore-based provider of digital equity management SaaS solutions, today announced that it has secured [...]
Crisis fosters collaboration between startups and corporations: Willson Cuaca
Crisis fosters collaboration between startups and corporations: Willson Cuaca 2 February, 2021 “When a digital company gets dominant, it is like the rise of Thanos. What happens next is Captain America and Iron Man collaborate [...]
East Ventures Doubles Down on Nusantics
East Ventures Doubles Down on Nusantics 7 January, 2021 Nusantics, a genomics technology company, announced today that it has raised an undisclosed amount in Series A funding led by East Ventures. The startup also welcomed [...]
EV Growth Expanded its Team with Major Hires
EV Growth Expanded its Team with Major Hires 6 January 2021 EV Growth, a joint venture between East Ventures, SMDV, and Yahoo! Japan Capital focused on providing growth capital to startups in Indonesia and the [...]
4 key components for a successful startup
4 key components for a successful startup 28 December, 2020 Due to its fast growing young population, Indonesia is expected to reap the benefits of an agile, innovative and increasingly digital economy. In parallel with [...]
Entrepreneurial mindset for startup founders: 4 stages of problem-solving
Entrepreneurial mindset for startup founders: 4 stages of problem-solving 23 December, 2020 The core of startup leadership is rooted in its founders’ entrepreneurial mindset. Melisa Irene, Partner of East Ventures, said that an entrepreneurial mindset includes [...]