Discover the latest insights and news from East Ventures’ ecosystem.
From Portfolios
This is how StickEarn revolutionizes Indonesia’s out-of-home advertising industry
StickEarn, an advertising technology company, was founded by Archie Carlson, Garry Limanata, Sugito Alim, and Hartanto Alim in 2017. They saw enormous potential in Indonesia’s OOH (out-of-home) advertising industry, which lacked innovation compared to global cities like New York and Singapore at the time. They…
Insights
Smart poultry farming business à la Chickin
As a college student during his time at Brawijaya University in Malang, smashed fried chicken (ayam geprek) was a daily meal for Tubagus Syailendra Wangsadisastra. In 2016, he had just started pursuing International Relations. His business idea emerged when he met Ashab Alkahfi at an…
From Portfolios
Inside Xurya’s journey to power the future with solar panels
Indonesia’s vast archipelago faces a critical paradox: while sunlight is abundant, the nation still struggles with limited access to clean, sustainable energy. Despite its wealth of natural resources, Indonesia remains heavily dependent on fossil fuels like coal and oil. This reliance accelerates carbon dioxide levels…
Press Release
Fore Coffee’s IPO oversubscribed by 200.63 times, and hits upper Auto Reject (ARA) on debut day
PT Fore Kopi Indonesia Tbk (Fore Coffee), Indonesia’s leading premium affordable coffee chain, today officially listed its shares on the Indonesia Stock Exchange (IDX). The listing marks a major milestone in Fore Coffee’s growth journey, signifying its transformation into a publicly listed company and reinforcing…
Press Release
East Ventures incubated company, Fore Coffee, attracts 114,873 new investors and oversubscribed 200.63 times
PT Fore Kopi Indonesia Tbk (Fore Coffee), Indonesia’s leading premium affordable coffee chain, just concluded its public offering, which took place from 8 to 10 April 2025. The public offering attracted significant interest from 114,873 retail investors and was oversubscribed by 200.63 times from the…
Press Release
Fore Coffee announces initial public offering on the Indonesia stock exchange
PT Fore Kopi Indonesia Tbk (Fore Coffee), a leading premium affordable Indonesian coffee chain, today announced its plan to conduct an IPO (Initial Public Offering) on the IDX (Indonesia Stock Exchange). This strategic move will support the company’s ambitious expansion plans and solidify its position…
Press Release
East Ventures concludes IndoBuild AI Demo Day, showcasing the vast potential of AI in Indonesia
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, has concluded the IndoBuild AI by conducting the Demo Day on 13 March 2025, marking a significant milestone in fostering AI (artificial intelligence) innovation in Indonesia. Building on the momentum of…
From Portfolios
The role of R&D in Fore Coffee’s product excellence
Fore Coffee, an F&B (Food and Beverage) company specializing in affordable premium coffee, continues to demonstrate its commitment to innovation in developing a sustainable business. The goal is to strengthen the company and enhance its competitiveness, particularly in leading dynamic market trends. Amid speculation about…
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