Reinventing Indonesia’s supply chain through digital collaboration
Have you ever experienced a lost package when you shop online? Or did your package ever take too much time to arrive at your doorstep when you needed it most? Though serving as the backbone of Indonesia’s economy, the logistics industry still has several flaws. Particularly, inefficiencies in the logistics sector in the country with over 17,000 islands are due to unconnected national supply chain information. This creates a dynamic yet challenging distribution flow.
Exploring Southeast Asia’s logistics horizon
The ongoing problem of high logistics costs has affected the world since COVID-19 began, and Southeast Asia hasn't been spared. The steep expenditure is driven by several factors, such as supply and demand disruptions, geopolitical and economic uncertainty, compounded by surging inflation, and amongst others.
East Ventures-backed founders listed in Forbes’ 30 Under 30 Asia 2023
With global economic uncertainty on the rise and a significant drop in VC funding, young entrepreneurs in Asia-Pacific have faced a new set of challenges in the past year. But the current environment hasn’t killed innovation. Judging by this year’s cohort of 30 Under 30 Asia honorees, creativity has proven to be a valuable asset to survive—and thrive—amid tougher circumstances.
Biteship, Indonesia-based e-commerce logistic solutions startup, secured seed funding co-led by East Ventures and Beenext
Biteship, an Indonesia-based e-commerce logistic solution startup with a focus on empowering small-medium enterprises (SMEs) and enterprises, today announced that it has secured an undisclosed amount of seed funding co-led by East Ventures and Beenext.