News – Press Release
East Ventures Invests in Indonesian Rental Marketplace CUMI
CUMI is founded by Christian Sugiono, Pandu Wirawan, and Yazid Faizin, who often hesitate to purchasing items that will only be needed for a short time.
Bank BRI and Traveloka to Launch PayLater Card
PayLater Card from Bank BRI offers an innovative channel for credit access to the underbanked Indonesians through end-to-end card management on Traveloka.
Indonesia’s Julo Raises $10M to Expand Its P2P Lending Platform
Through its eponymous Android app, Julo provides loans of about $300 to users at aggressively competitive rate of 3-5% per month.
Base Secured Seed Funding Led by East Ventures and Skystar Capital
Base is a direct-to-consumer beauty and wellness startup that caters to the diverse beauty needs of Indonesian women, by providing personalized products.
Indonesian Social Bella Secures US$40 Million Series D Investment
Temasek, Pavilion Capital, EDBI and Jungle Ventures join the existing investors to support Social Bella broaden its reach to 100 million users.
Kedai Sayur Raises $4 Million Led by East Ventures
The fresh fund will accelerate Kedai Sayur to onboard more vegetable hawkers and retailers, as well as to develop its technology.
99.co Completes US$15.2M Series B Funding Round
The fresh funding will be funnelled to the plan of 99.co to build and extend its reach in Singapore and Indonesia,and launch new financial products.
Indonesian Beauty Platform Social Bella Embraces O2O with the Launch of Physical Store
The 425 sqm store included an interactive display that connects customers to the Sociolla and SOCO platforms by the company.