Indonesia-based Praktis raises US$20 million of series A funding led by East Ventures
Praktis, an end-to-end supply chain enabler has raised US$20 million of series A round led by East Ventures (Growth fund) with participation from Triputra Group and SMDV. The investment will be allocated to accelerate technology enhancements for the brands sides, at the same time to help the suppliers to have an easier business process, better team building, and enhancement of the end-to-end supply chain ecosystem.
Indonesian cosmetics brands see opportunity in halal products
Companies offering halal cosmetics in Indonesia, the world's largest Muslim-majority country, are aiming to boost the international appeal of their products in Southeast Asia and beyond as they see potential in attracting more non-Islamic consumers.
Indonesian D2C beauty brands build foundation for regional expansion
In 2020, Indonesian beauty marketplace Sociolla expanded to its first overseas market – Vietnam. Like in its home turf, Sociolla Vietnam offers products from global brands like Maybelline and Neutrogena as well as South Korea’s Laneige. The marketplace also stocks cosmetics from Esqa, Avoskin, and Carasun – all Indonesian brands making their international foray.
Disrupting Indonesia’s oral wellness space, KLAR Smile bags US$ 4.5 million pre-series A funding
Klar Smile, an oral wellness startup in Indonesia, announced that it raised a US$4.5 million pre-series A funding round co-led by East Ventures and AC Ventures. Other participating investors included Venturra Discovery, and several angel investors.
From Southeast Asia to the world: new consumer trend
“From Southeast Asia to the World: New Consumer Trend” is the topic of one of the panel discussions in the East Ventures Summit 2022, where the LPs, partners, founders, and team members of the East Ventures Ecosystem participated in a series of insightful sessions.
D2C startups build stronger and stickier customer base through data optimization
True to all of our investments at the early stage, East Ventures’ thesis behind our D2C (Direct-to-Customer) bets are its founders. In each of their D2C segments, our founders are passionate about building brands that are customer-focused, innovative and personal.
Singapore-based DTC Startup Evo raises US$ 600K in seed funding led by East Ventures
Direct-to-consumer (DTC) startup Evo, announces the completion of its US$ 600,000 seed funding round led by East Ventures, with notable angel investors Aaron Tan from Carro, Joel Leong from ShopBack, Mohandass from Spenmo, and Jonathan Tan from Prism+.