East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 200 companies in Southeast Asia, announced the appointment of Avina Sugiarto as a Partner at the firm.
Fresh Factory, an integrated cold chain fulfillment and enabler startup, secured US$ 4.5 million of seed funding led by East Ventures
Fresh Factory, a cold chain fulfillment startup, has secured US$ 4.5 million of seed funding led by East Ventures, with the participation of PT. Saratoga Investama Sedaya TBK, Trihill Capital, Indogen Capital, Prasetya Dwidarma, Number Capital, Y Combinator, and angel investors.
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, recently launched its inaugural report named East Ventures - Sustainability Report 2022. This report outlines the robust progress and range of initiatives among the firm and its ecosystem, as well as the sustainable investment framework towards sustainability.
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, today launched its inaugural report named East Ventures - Sustainability Report 2022. This report lines out robust progress and a range of initiatives among the firm and its ecosystem in engaging the Environmental, Social, and Governance (ESG) frameworks and practices in achieving a more sustainable and inclusive future.
With an over 270 million population, Indonesia remains an emerging medical market, supported by the surge of healthcare awareness demanded by the rising middle-income community. However, the country has faced chronic problems as the pandemic unveils shortcomings and an elevated sense of urgency to develop a more resilient healthcare system and innovations.
In the past years, the Environmental, Social, and Governance (ESG) factors have increasingly become top of mind for companies, investors, and policy-makers globally. Investors and corporations are joining the commitment to assessing non-financial aspects as part of business strategy, operations, reporting, and risk management. Further, many companies prepare a separate sustainability report, in addition to an annual report, and pledge to reach net-zero emission in the foreseeable future.
East Ventures becomes Indonesia’s first venture capital firm to sign UN Principles for Responsible Investment
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, has officially become a UN Principles for Responsible Investment (UN PRI) signatory as part of its commitment to creating responsible and sustainable investment and ownership decisions.
In recent years, Indonesia's digital financial services have experienced a boom as COVID-19 became the unexpected catalyst that accelerates digital transformation and technology adoption. The immense adoption of digital financial services is driven by several key factors, including growth in mobile internet penetration, the rise of digital merchants, and accelerating consumers' adoption.
The first session of East Ventures' initial Women with Impact Forum on 16 February 2022, invited East Ventures’ Venture Partner, Avina Sugiarto; Mindtera’s Co-Founder and CEO, Tita Ardiati; and Nusantics’ Co-Founder and CEO, Sharlini Eriza Putri. It is moderated by East Ventures’ Senior Investment Associate, Stacy Oentoro.
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, today presented its first women-centered forum, named Women with Impact Forum. The forum provided the participants with three main sessions featuring several top key panelists from East Ventures and tech startup leaders. They shared their views and experiences towards women-related issues.