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Press Release
Social Bread, an Indonesia-based digital marketing marketplace, has officially launched following its US$ 400,000 of seed funding led by East Ventures
Social Bread, an Indonesia-based digital marketing marketplace to support business owners, predominantly Small and Medium Enterprises (SMEs), has officially launched. The launch of this event was held in Social Bread Hub at The Breeze BSD City, Tangerang. During the same occasion, Social Bread also announced…
Insights
Empowering women: three key strategies for building confidence at work
As a woman, confidence in the workplace can be a challenge for many, especially in climbing the corporate ladder. Various cultural, societal, and historical factors can influence the confidence gap between men and women. In Asia, for example, there is often a greater emphasis on…
From Portfolios
Fuse achieved more than US$ 200 million of GWP and 150 million policies for 2022
During the Grand New Office Opening event on 17th March, 2023, insurtech company Fuse announced more than 150 million policies, with GWP exceeding US$ 200 million (IDR 3 trillion) being achieved in 2022. In terms of GWP and policies, it represents more than 200% and…
Insights
East Ventures’ strategy to strengthen ESG in its ecosystem
The environmental and sustainability issues are becoming more urgent than ever today. No one is immune from these issues, and all stakeholders must take necessary actions to minimize the impact now. With this issue in mind, we at East Ventures strengthen our ESG strategy based…
Insights
‘Investors are becoming more selective, especially when it comes to risks and valuations’: Roderick Purwana
With the threatening global economic condition that overshadows the tech industry, keeping one’s optimism is not an easy feat. This, which also stems from the COVID-19 pandemic, has resulted in multiple layoffs within the tech industry, both globally and domestically. However, the US tech industry…
From Portfolios
Indonesia’s Traveloka eyes sustainability demand as tourists return
Online booking unicorn seeks ‘quality’ partnerships for wider ASEAN market share. Traveloka, Indonesia’s leading online travel booking site, will roll out more sustainable travel options for users this year, the company’s president told Nikkei Asia, as the tech unicorn aims to expand its share in…
Insights
‘The impact of SVB does not directly affect our ecosystem’: Willson Cuaca
News of the ‘collapse’ of Silicon Valley Bank (SVB) continues to loom over the global tech startup ecosystem – Indonesia is no exception. As of March 2023, the 16th largest bank in the United States was shut down due to the significant decrease in the…
Insights
How beauty is changing in 2023
Behind its allure and aesthetic appeal, the beauty industry has proven to be recession-proof in the face of various macroeconomic shocks over the past two decades. The “Lipstick Effect” or “Lipstick Index”– an economic indicator from the beauty category, suggests that during periods of recession…
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