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Insights
The role of fintech in closing the financial gap in Indonesia
In recent years, Indonesia’s digital financial services have experienced a boom as COVID-19 became the unexpected catalyst that accelerates digital transformation and technology adoption. The immense adoption of digital financial services is driven by several key factors, including growth in mobile internet penetration, the rise…
Press Release
Mighty Jaxx raises US$ 20 million in series A+ funding led by East Ventures
Mighty Jaxx, an award-winning future culture company that designs and produces ‘phygital’ collectibles, announced the first close of US$ 20 million in their oversubscribed Series A+ funding round, pushing the company’s valuation to over US$ 200 million. The funding round, fueled by burgeoning interest in…
Insights
Being working moms: balancing motherhood and career
The first session of East Ventures’ initial Women with Impact Forum on 16 February 2022, invited East Ventures’ Venture Partner, Avina Sugiarto; Mindtera’s Co-Founder and CEO, Tita Ardiati; and Nusantics’ Co-Founder and CEO, Sharlini Eriza Putri. It is moderated by East Ventures’ Senior Investment Associate,…
From PortfoliosPerspectives
Adaptation strategies of fishery business to thrive amid the pandemic
From the perspective of Utari Octavianty, Chief Sustainability Officer (CSO) of Aruna While many sectors were hit hard during the pandemic, fishery showed a positive trend. What sort of transformations occurred in Aruna? When the pandemic hit, we first sorted out the logistical issues since…
Press Release
East Ventures sponsors two major Indonesia surfing tournaments
East Ventures is beyond happy to announce its support of not one but two surfing tournaments in Bali, the Vans Bali Pro presented by East Ventures from 8-9 March and the Liga Surfing Indonesia 2021 Grand Final from 11-13 March, which take place at Bali’s…
Insights
The importance of accelerating Indonesia’s digital competitiveness
The digital competitiveness in Indonesia has shown a development. Support is needed to further distribute the digital potential more equally across Indonesia. According to the e-Conomy SEA 2021 by Google, Temasek, and Bain & Co., Indonesia’s digital economy is valued at US$ 70 billion Gross…
From Portfolios
More Indonesian companies installing rooftop solar panels
More Indonesian companies such as apparel manufacturer Pan Brothers are banking on the sun in their march towards sustainability. In January, three factories of Pan Brothers in Boyolali regency, Central Java, began operating rooftop solar panels that can generate 1,800 kilowatt peak (kwp), the rate…
Insights
Balancing acts in the digital ecosystem: Can profit and sustainability align?
We have been trapped into the digital phenomenon, let’s balance our actions. In the past two years, we have faced the COVID-19 pandemic that brought uncertainty in businesses but also accelerated the growth of digital consumer adoption at the same time. The acceleration brought Indonesia…
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