News – Press Release
East Ventures releases Digital Competitiveness Index 2025, highlighting Indonesia’s growing digital competitiveness
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia and Southeast Asia, together with Katadata Insight Center, launched the East Ventures — Digital Competitiveness Index (EV-DCI) 2025 report. Marking its sixth edition since its debut in 2020, through this report, East Ventures continues to map Indonesia’s digital landscape and competitiveness. With the theme “Driving AI and innovation to enhance Indonesia’s digital competitiveness”, this year’s report presents the latest insights and data that are instrumental in shaping the future of Indonesia’s digital landscape and highlighting innovations that drive meaningful change.
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 its commitment to transparency and strong corporate governance.
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 April 8 to 10, 2025. The public offering attracted significant interest from 114,873 retail investors and was oversubscribed by 200.63 times from the IDX e-ipo system, based on data on April 10, 2025.
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 in the rapidly growing premium coffee market.
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.
East Ventures and Temasek Foundation return with the third edition of Indonesia’s largest climate tech innovations competition – Climate Impact Innovations Challenge 2025
East Ventures, a pioneering and leading sector-agnostic venture capital firm that has supported over 300 tech companies across Southeast Asia, and Temasek Foundation, a Singapore-based philanthropic organization that supports sustainable development initiatives in Asia, are pleased to announce the third edition of the Climate Impact Innovations Challenge (CIIC) 2025, Indonesia's largest climate tech innovations competition.
East Ventures unveils IndoBuild AI, a platform for AI innovators to learn, collaborate, and solve real-world challenges in Indonesia
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, today announced the launch of IndoBuild AI, a dynamic platform for AI (artificial intelligence) innovators to learn, build, and showcase their AI-driven solutions to real-world challenges in Indonesia. This initiative brings together AI talents and tech ecosystem players to explore new untapped opportunities and accelerate AI adoption in Indonesia.
Nexmedis, an AI-powered health information system provider, secures funding co-led by East Ventures and Forge Ventures
Nexmedis, an Indonesia-based AI-powered Health Information System (HIS) provider, has secured an undisclosed amount of funding co-led by East Ventures and Forge Ventures. This funding will propel Nexmedis’ mission to revolutionize healthcare operations, enhance clinical services, and improve patient outcomes across Indonesia.