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Press Release
TipTip, a one-stop platform for content creators, raised US$ 10 million in seed funding led by East Ventures
TipTip, a one-stop platform for content creators across Southeast Asia, announced that it has secured US$ 10 million in the seed funding round, marking one of the biggest seed rounds ever. This funding was led by East Ventures, with the participation from Vertex, EMTEK, SMDV,…
Insights
The promising rise of mental health startups in Indonesia
East Ventures’ thesis on mental health startups In the summer of 2021, when the Delta variant hit Indonesia, waves of panic and tragedy were felt throughout the nation. On the ground, people were desperate to find oxygen concentrators vitamins, supplements, and all sorts of resources…
Insights
Is ESG a FOMO or here to stay?’: Avina Sugiarto
In the past years, the Environmental, Social, and Governance (ESG) factors have increasingly become top of mind for companies, investors, and policy-makers globally. Investors and corporations are joining the commitment to assessing non-financial aspects as part of business strategy, operations, reporting, and risk management. Further,…
Insights
Building the ecosystem of gender equality for the sustainable future
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, has again presented its signature women-centered forum: Women with Impact Forum, as part of the celebration of International Women’s Day on 8 March 2022. This virtual forum discussed “Women as Active Agents for…
Press Release
wagely nets additional US$ 8.3 million in oversubscribed pre-series A funding
wagely, Asia’s fastest-growing financial wellness platform has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries on demand in Indonesia and Bangladesh. The funding comes in just seven months after securing its…
InsightsPerspectives
Towards Indonesia’s digital golden era
In 2022, Indonesia is entering its golden digital economy era. For the past two years, the digital industry is experiencing rapid growth as a result of the pandemic acceleration. Not only did the internet penetration increase significantly, but society’s awareness to further utilize the digital…
InsightsPerspectives
Digitization helps government in creating efficiency
From the perspective of Luhut Binsar Pandjaitan, Coordinating Minister for Maritime Affairs and Investment There are eight unicorns in digital startups in Indonesia, and they continue to grow. From the government’s perspective, what is the expected impact of these unicorns? We expect an increase in…
InsightsPerspectives
The Importance of role model and success stories in digital transformation
From the perspective of Airlangga Hartarto, Coordinating Ministry for Economic Affairs Indonesia is estimated to be Southeast Asia’s biggest player in the digital economy. What are the challenges to encourage the reinforcement of the digital economy in Indonesia? Indonesia’s digital economy value in 2020 was…
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