The potential of AI to drive Indonesia’s digital competitiveness growth
The digital ecosystem and evolving technological trends are paramount in shaping a nation's or enterprise's digital competitiveness. That said, robust digital infrastructure is also fundamental, providing the bedrock for operational efficiency and groundbreaking innovation.
East Ventures launched a white paper focusing on AI, a bold take on how AI is reshaping Southeast Asia
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, today released a white paper titled “AI-first: Decoding Southeast Asia trends”. This white paper offers a deep dive into how AI (artificial intelligence), particularly Generative AI (GenAI), is reshaping the business and innovation landscape across Southeast Asia.
Singapore’s edtech platform Geniebook achieves profitability; expands with acquisitions
Singapore-based edtech firm Geniebook has achieved three straight quarters of profitability and has expanded its hybrid strategy with two major acquisitions. The firm said in a statement on Thursday that the firm has reached a significant financial milestone by achieving positive cash flow over the past three quarters. This success is largely attributed to its online offering, which saw a record number of enrolments at the end of last year.
Ismaya’s journey: Reinventing F&B and the entertainment industry through strategic innovation
Ismaya Group has become a role model in Indonesia’s dynamic F&B (Food and Beverage) and entertainment industry. Founded in 2002 by Christian Rijanto, Bram Hendrata, and Brian Sutanto, the group was born from the realization that Jakarta needed more accessible yet stylish lifestyle venues. Their vision was simple yet bold: to build spaces where people could not only enjoy good food and music but also create lasting memories in an inclusive, welcoming atmosphere.
Sxored, an AI-powered credit analysis startup, secures funding led by East Ventures
Sxored, an Indonesia-based tech startup specializing in intelligent document extraction and AI-powered credit document analysis, has secured an undisclosed amount of funding from East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia and Southeast Asia.
EV-DCI 2025: Indonesia’s digital economy doubles amid global uncertainty
Amidst global economic uncertainties, Indonesia's digital ecosystem demonstrates remarkable resilience and growth, as highlighted by the East Ventures – Digital Competitiveness Index (EV-DCI) 2025 report.
How AI is transforming economic growth in emerging markets
AI (artificial intelligence) is rapidly transforming emerging markets in Southeast Asia, particularly in countries like Indonesia. There, a youthful, tech-savvy population and growing digital infrastructure have spurred tremendous growth in generative AI platforms like ChatGPT. According to OpenAI, the number of weekly active users has increased threefold in just over a year, positioning the market among the top five globally for weekly ChatGPT usage.
Vietnamese edtech Galaxy Education raises nearly US$10 million from East Ventures and other investors
Galaxy Education (GE), a Vietnamese education technology company, has secured nearly US$10 million in funding from East Ventures and other investors, marking one of the largest EdTech investments in Vietnam amid challenging market conditions.