Discover the latest insights and news from East Ventures’ ecosystem.
News and updates
Press Release
Bringing an Efficient Customer-focused Approach to the New Car Market, Mobilkamu Secured Series A Investment
Jakarta, 21 March 2019 – Mobilkamu, Indonesia’s leading online platform for new car buying, has secured an undisclosed amount of Series A investment led by East Ventures and GenesiaVentures. Also participating in the round is Denali Mitra. This raise of capital will allow Mobilkamu to…
From Portfolios
Uhoo Bags Technology Excellence Award for IoT – Health Products & Services
Hongkong, 28 February 2019 – Successful technological innovation towards health and wellbeing is honoured at the Hong Kong Business Technology Excellence Awards (TEA). This awards programme recognisestech-savvy firms that contribute significantly to the economies where they do business, as well as inspire other enterprises and individuals…
From Portfolios
Indonesian Fintech Services Kredivo and Moka Team Up for Offline Transactions
Jakarta, 27 February 2019 – Indonesia-based digital payment platform Kredivo, which was developed by the startup FinAccel, has formed a strategic partnership with Moka, a company that builds cloud-based, point-of-sale systems. The collaboration allows Kredivo users to make offline payments with merchants that are equipped with Moka’s devices.…
From Portfolios
Indonesian Online Travel Unicorn Traveloka Expands to Australia
Jakarta, 27 February 2019 – Indonesian travel unicorn Traveloka officially announced its expansion to Australia today. Users down under can now access Traveloka through the website or mobile application. Traveloka currently offers five features for Australian customers, flight ticket reservation, accommodation, flight and hotel packages, airport…
Press Release
Indonesian Retail Tech Startup Warung Pintar Acquires Limakilo
Indonesia, 27 February 2019 – Indonesian micro retail-tech company Warung Pintar has acquired local agtech startup Limakilo, a platform that simplifies the food supply chain by connecting farmers to food stalls and vendors. The acquisition will enable thousands of Warung Pintar stalls to have direct…
Press Release
East Ventures, Warung Pintar, and ShopBack Speaks at Echelon Summit 2019
First set of Echelon Asia Summit 2019 speakers—revealed! Echelon Asia Summit 2019 will feature some of the best and the brightest from the startup world who will be sharing four key stages namely: Founder stage, Future stage, Capital stage, and the TOP 100 stage. Key…
Insights
Singapore Investors Urged to Tap in Indonesia’s Digital Economic
Singapore, 22 February 2019 – Indonesian Ambassador to Singapore Ngurah Swajaya has urged Singapore investors and start-ups to tap in the potential of the digital economy in Indonesia. A total of 59 investors, venture capital firms and startups attended the discussion, entitled “Indonesia 101: The…
Press Release
Online Lender Julo Expands to Ambong, Gorontalo, and Tarakan
Jakarta, 20 February 2019 – The digital lending company, Julo, is officially expanding to Ambon, Gorontalo, and Tarakan. Those cities are part of Julo’s plan to penetrate all over Indonesia. “We start from big cities, it’s where the largest internet penetration, however, Julo will expands and…