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News and updates
Press Release
McEasy closes US$6.5 million series A funding led by East Ventures
McEasy, a startup that provides Software-as-a-Service digital solutions for logistics operators and vehicle tracking, has raised US$6.5 million (approximately IDR 97 billion) Series A investment round led by East Ventures. The Indonesia-based company intends to use the funds to enhance its tech capabilities, develop a…
Insights
East Ventures remains bullish on Indonesia & Southeast Asia despite headwinds
The year 2022 may look rosy at first glance with high hopes of a post-pandemic recovery as most countries are re-opening their borders after disruptions from the COVID-19 pandemic. The Russian invasion of Ukraine early of the year has significantly affected the energy and commodities…
Press Release
Fresh Factory, an integrated cold chain fulfillment and enabler startup, secured US$ 4.5 million of seed funding led by East Ventures
Fresh Factory, a cold chain fulfillment startup has secured US$ 4.5 million of seed funding led by East Ventures, with the participation of PT. Saratoga Investama Sedaya TBK, Trihill Capital, Indogen Capital, Prasetya Dwidarma, Number Capital, Y Combinator, and angel investors. Fresh Factory provides a…
Press Release
RPG Commerce raises US$ 29 million in series B funding round led by East Ventures
RPG Commerce, Southeast Asia’s leading Direct-To-Consumer (DTC) social e-commerce company, has secured US$ 29 million in a Series B funding round led by East Ventures, UOB Venture Management, Vertex Ventures SE Asia & India (VVSEAI), and RHL Ventures. VVSEAI previously led RPG Commerce’s Series A…
From Portfolios
How Xendit simplifies the financial access for companies and customers
Since Moses Lo was a child, he has been fascinated by technology and finance. He learned about fractional reserve banking when he was 12 years old and fascinated by the workings of a system responsible for printing money. His family purchased his first computer around…
Press Release
Ismaya Group secures US$ 18.1 million funding led by East Ventures to continue leading and expanding the F&B lifestyle industry in Indonesia
ISMAYA GROUP, the leading F&B lifestyle brand, announced that it has raised funding with a total amount of US$ 18.1 million led by East Ventures (Growth fund) with participation from existing investor, FALCON HOUSE PARTNERS. ISMAYA plans to use the fund to further expand its…
Insights
Willson Cuaca: ‘We Are Heading Towards A Digital Golden Era’
A look at the issues that are being highlighted in Indonesia’s startup ecosystem, from the perspective of data and venture capitalists Bad news is hitting the startup ecosystem in Indonesia. Recently, the public and the media have picked up on the negative sentiments and suspicious…
Press Release
Morning, Singapore-based coffee technology company, raises US$ 5 million of series A funding led by East Ventures
Morning, a coffee technology company, today announced the raise of its Series A round at US$ 5 million led by East Ventures with participation from zVentures (corporate venture arm of Razer), P9 Capital, Wee Teng Wen of The Lo & Behold Group and other existing…
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