Discover the latest insights and news from East Ventures’ ecosystem.
Insights
Bullish Venture Capital Spot Big Promise in Indonesia’s Trucking Sector
When Indonesia-based early-stage investor East Ventures decided to inject money into a company called Kargo in 2016, it was venturing into unknown territory. No venture capital (VC) firm had previously placed a bet on Indonesia’s problem-ridden trucking space, despite the emergence of a few startups…
From Portfolios
Ng Yi Ying of AllSome Fulfilment on Cracking the Cross-Border Logistics Challenge
Ng Yi Ying, co-founder and CTO of AllSome Fulfillment, was attending Tsinghua University in Beijing when she met her fellow co-founder YiShu Liu, a Chinese national who was Ying’s landlord back then. YiShu Liu now leads AllSome as CEO. Liu was working for Amazon China and…
Press Release
Kedai Sayur Raises $4 Million Led by East Ventures
Jakarta, 23 August 2019 – Indonesian startup that digitizes vegetable hawkers, Kedai Sayur, announced earlier today that it has closed a $4 million new round of funding. The round was led by East Ventures, Southeast Asian most active venture firm; with participation from Indonesia’s SMDV,…
Press Release
East Ventures Closed Oversubscribed Sixth Fund at $75 Million
Jakarta, 22 August 2019 – Southeast Asian venture capital firm East Ventures announced today the close of its sixth fund at $75 million, exceeding more than double the firm’s initial $30 million target. This oversubscribed fund is supported by a diverse set of strong backers…
Press Release
99.co Completes US$15.2M Series B Funding Round
After a report released by TechInAsia, today Singapore-headquartered real estate platform 99.co officially announces that it has raised a US$15.2M Series B round led by MindWorks Venture and Allianz X, with participation from existing investors East Ventures, Sequoia (India), and Eduardo Saverin. The fresh funding…
Insights
East Ventures is the Most Consistent Top Performing Venture Capital in the World
Indonesia, August 19, 2019 – In their latest report, Preqin named East Ventures as the “Most Consistent Top Performing Venture Capital Fund Managers” in the world. This research shows that three of East Ventures’ investment funds perform better than other global venture capital companies and…
Press Release
Indonesian Beauty Platform Social Bella Embraces O2O with the Launch of Physical Store
Social Bella, the company behind Indonesian beauty and wellness e-commerce platform Sociolla, announced the opening of a physical store at Lippo Mall Puri, West Jakarta, on Tuesday, August 13. The 425 sqm store included an interactive display that connects customers to the Sociolla and SOCO…
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