Society’s online behavior enhances Indonesia’s digital economy investments

During Gambir Trade Talk #3: “Digital Economy Transformation: Indonesia’s Readiness”, held by the Indonesian Ministry of Trade on October 12, 2021, Willson Cuaca, Co-Founder and Managing Partner of East Ventures said that society’s change of behavior during the pandemic has accelerated digital adoption and increased the amount of digital investments in Indonesia.

‘A solid and integrated digital ecosystem is what jumpstarts Indonesia’s digital economy’: Willson Cuaca

Here is one riveting fact about our treasured country, Indonesia: it is the world’s largest archipelago consisting of 17,508 islands. Out of 600 million of Southeast Asia’s population, 270 million inhabit Indonesia. What is more, US$ 1.1 trillion out of US$ 2.1 trillion of Southeast Asia’s economy is located in Indonesia. That being said, Indonesia is the largest and most homogeneous market in the subregion with profuse economic potentials. The abundant islands dotting the country also signify the many inefficiencies to address and overcome. The vast market with overflowing problems that entail was the reason why East Ventures came to life. As long as problems are consistently lurking around us, it is imperative that we bring solutions and innovations to the table.

Pasarnow, multi-channel e-groceries platform, raised USD 3.3 million seed funding led by East Ventures

Pasarnow, Indonesia-based multi-channel e-groceries platform, announced earlier today that it has secured a USD 3.3 million seed funding led by East Ventures.

Indonesia PASTI BISA Safeguards Oxygen raises over US$ 1 million to donate 1,450 oxygen concentrators for COVID-19 patients

Indonesia PASTI BISA Safeguards Oxygen raises over US$ 1 million to donate 1,450 oxygen concentrators, providing further support for Indonesia’s Ministry of Health in COVID-19 battle

East Ventures is raising US$ 1 million to provide 1,000 Oxygen Concentrators to Indonesia’s hospitals

East Ventures, a venture capital firm in Indonesia, collaborates with local and overseas stakeholders is raising US$ 1 million to purchase at least 1,000 oxygen concentrators through a collaborative movement, named Indonesia PASTI BISA (IDPB) Safeguards Oxygen.