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News and updates
Press Release
Novelship raises series A funding to ignite sneaker and streetwear culture in Asia
Novelship, Asia’s fastest-growing marketplace for limited-edition sneakers, streetwear and collectibles, announced that the company has raised close to US$ 10 million in Series A funding co-led by GSR Ventures, East Ventures, with participation by K3 Ventures, and iGlobe Partners. Since its inception in 2018, Novelship…
Press Release
East Ventures Gives New Color and Spirit for Indonesia Open 2022 Tournament
East Ventures, a leading sector-agnostic venture capital firm and pioneering startup investment in Indonesia, marked a new history for the world of Indonesian badminton; as the firm appeared for the first time as the main sponsor of the most prestigious badminton tournament in the country,…
Press Release
East Ventures launched the extended version of East Ventures – Digital Competitiveness Index 2022 with in-depth findings of 157 cities/regencies in Indonesia
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, launched the extended version of East Ventures – Digital Competitiveness Index (EV-DCI) 2022. This extended report is part of EV-DCI 2022 which was launched earlier in March 2022, and it provides in-depth information…
Insights
How venture capital is creating an inclusive and sustainable future for Southeast Asia
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, recently launched its inaugural report named East Ventures – Sustainability Report 2022. This report outlines the robust progress and range of initiatives among the firm and its ecosystem, as well as the sustainable…
Press Release
MySkill, Indonesia-based career preparation edtech startup, secured seed funding from East Ventures
MySkill, an education technology (edtech) startup with the focus of career preparation for the youth, announced that it has secured an undisclosed amount of seed funding from East Ventures, the leading sector-agnostic venture capital firm in Indonesia and Southeast Asia. “We are glad to receive…
From Portfolios
Ruangguru advances education access in Indonesia by leveraging technology
Belva Devara and Iman Usman, Co-founders of Ruangguru, have both experienced the challenges of Indonesian education firsthand. Both of them originated from humble backgrounds and statistically speaking, access to higher education seemed improbable to them. Especially when quality education is still considered a privilege in…
Press Release
Sinar Mas Land partners East Ventures, others to launch smart city fund
Indonesian property developer Sinar Mas Land has teamed up with East Ventures, Redbadge Pacific and Prasetia Dwidharma to set up a fund that will invest in startups developing smart city solutions, according to a press release. The vehicle – called Urban Gateway Fund (UGF) –…
Insights
A sustainable education and curriculum improvement: key drivers of digital-skilled workforces in Indonesia, a survey of EV-DCI
The improvement of education and curriculum has become a key to driving the quality of digital human resources in Indonesia. The finding was based on the Companies Perception to Indonesia’s digital Competitiveness survey contained in the East Ventures-Digital Competitiveness Index (EV-DCI) 2022 report. The survey…
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