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News and updates
Press Release
Legit Group raises US$ 3 million in seed series funding amidst pandemic led by East Ventures
Ismaya-backed cloud kitchen company, Legit Group, has raised US$3 million (IDR 43 billion) of seed funding led by East Ventures with participation from AC Ventures. Established on February 1st, 2021, through strategic partnership with Ismaya Group, Yummy Corp and GK Hebat, Legit Group aimed to…
Press Release
Pasarnow, multi-channel e-groceries platform, raised USD 3.3 million seed funding led by East Ventures
Pasarnow, Indonesia-based multi-channel e-groceries platform, announced that it has secured a USD 3.3 million seed funding. The investment round is led by East Ventures with participation from SMDV, Skystar Capital, Amand Ventures, Prasetia Dwidharma, and other angel investors. Founded in 2019 by James Rijanto, Donald…
Insights
Hacktiv8 minimizes talent gap through an ecosystem of mindful and empathetic developers
CEO of Hacktiv8 Ronald Ishak proves that ambition without thirst is like fire without coal: it subsides immediately after it blazes. An avid reader ever since the tender age of 9, Ronald has always been eager to learn new things through reading. His passion for…
Press Release
Mindtera, a personal growth learning platform, raised seed funding led by East Ventures
Mindtera announced that it has secured an undisclosed seed funding round from East Ventures, with the participation from Silicon Valley-based Hustle Fund, Henry Hendrawan and other prominent angels from Tech industry. The investment will accelerate Mindtera’s mission to help people live their best lives by…
Press Release
Singapore-based dairy-alternative brand, mohjo, raises seed funding from East Ventures
mohjo, a Singapore-based direct-to-consumer brand focused on clean-label, plant based dairy-alternatives, announced that it has secured its seed funding. This round is led by East Ventures, with participation from iSeed Southeast Asia, K3 Ventures, and other high-profile angel investors. Founded in January 2021 by Juhi…
From Portfolios
Aruna promotes fishermen’s welfare through a sustainable and fair ecosystem
Sailing in 2016, Aruna is the monumental work of three visionary individuals aspiring to make this startup the focus of the world’s maritime economy by devising a sustainable and fair fisheries ecosystem. University mates Utari Octavianty, Farid Naufal Aslam and Indraka Fadhillah used to participate…
Press Release
Aruna secures series A funding of US$ 35 million led by Prosus Ventures and East Ventures
Aruna, a leading fisheries and marine platform in Indonesia, announced its Series A funding totaling US$ 35 million. The investment round was led by Prosus Ventures and East Ventures (growth fund) with the participation of SIG and existing investors, including AC Ventures, MDI, Vertex Ventures…
Press Release
Desty, Indonesia’s e-commerce solution platform, announced $3.2 million pre-series A funding
Desty, an Indonesia-based social commerce startup, announced that it has secured US$3.2 million in a pre-series A funding round today. The investment was led by 5Y Capital (formerly known as Morningside Venture Capital), a top tier venture capital in China that has become the main…
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