East Ventures releases Digital Competitiveness Index 2025, highlighting Indonesia’s growing digital competitiveness
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia and Southeast Asia, together with Katadata Insight Center, launched the East Ventures — Digital Competitiveness Index (EV-DCI) 2025 report. Marking its sixth edition since its debut in 2020, through this report, East Ventures continues to map Indonesia’s digital landscape and competitiveness. With the theme “Driving AI and innovation to enhance Indonesia’s digital competitiveness”, this year’s report presents the latest insights and data that are instrumental in shaping the future of Indonesia’s digital landscape and highlighting innovations that drive meaningful change.
EV-DCI 2024: Examining the digital potential of Indonesia’s regions
The East Ventures – Digital Competitiveness Index (EV-DCI) 2024 report has again mapped the digital competitiveness of Indonesia’s provinces and cities. The latest report shows that several provinces are considered to have prospective digital potential, including East Java, Yogyakarta, Bali, Riau Islands, East Kalimantan, North Sumatra, Central Java, Gorontalo, and Southeast Sulawesi.
Waresix on connecting Indonesia’s fragmented logistics under a supply-and-demand aggregation platform
Inspired by the year he spent working in China during the e-commerce boom, Andree Susanto went back home and partnered up with Edwin Wibowo to create Waresix, a logistics tech startup.
Justika Raises Seed Funding from East Ventures, Expanding Public Access to Legal Services in Indonesia
Justika, a legal services marketplace based in Indonesia, announced earlier today that it has secured an undisclosed amount of seed funding. The funding round is led by East Ventures, with participation from Skystar Capital.
Finantier Raises 7-figure Seed Funding Led by East Ventures and Global Founders Capital, Planning to Strengthen Presence in Indonesia and SEA
Finantier, a Southeast Asian Open Finance startup providing an (Application Programming Interface) API platform for financial institutions to access and analyse consumer financial data, has raised a 7-figure seed funding round led by Global Founders Capital (GFC) and East Ventures (EV).
Stockbit helps increase financial literacy and financial access inclusion through technology
Stockbit helps increase financial literacy and financial access inclusion through technology June 3, 2021 As an investment platform in Indonesia, Stockbit has a dual mandate: to increase the country’s financial literacy rate as well as financial access inclusion in order to amass more retail investors. According to East Ventures Digital Competitiveness Index 2021, the pandemic has provided momentum for fintech players to foster a batch of first-time investors through technology. Only two out of five Indonesians have adequate financial literacy, according to a 2019 survey by the Financial Services Authority (OJK). The survey, which involved [...]
SIRCLO enables the growth of e-commerce in Indonesia, helps businesses to serve more consumers
SIRCLO enables the growth of e-commerce in Indonesia, helps businesses to serve more consumers May 17, 2021 Growing up in Bandung, Brian Marshal, Founder and CEO of SIRCLO has come to notice one thing pertaining to the retail business. His hometown, Bandung in West Java, is known as the shopping destination, especially with its famous factory outlets spread all over the city. Offline shopping was the thing and people would spend hours shopping just to live every bit of the experience. Today, as technology becomes an inseparable part of lives, many brand owners from Bandung [...]
Digitalization helps Bali’s small businesses to survive the pandemic
Digitalization helps Bali’s small businesses to survive the pandemic May 4, 2021 As it relies heavily on tourism to support its economy, Bali is one of the provinces hit hardest by the COVID-19 pandemic. However, the crisis became a springboard for a digital leap in the Island of the Gods, allowing Bali to break through the domination of Java provinces in the East Ventures Digital Competitiveness Index 2021 (EV-DCI 2021). East Ventures Digital Competitiveness Index 2021 report shows that Bali ranks at 4th place in terms of digital competitiveness. Bali is the province with the [...]