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.
Walking the green talk: Jejakin’s impact on the carbon footprint reduction
Indonesia has experienced steady and positive economic growth in the last decade, averaging around 4–5% annually. This progress has been fueled by the expansion of key sectors such as manufacturing, mining, and infrastructure. Notably, the government has set an ambitious vision through the Golden Indonesia 2045, which includes a target for the manufacturing sector to contribute 28% to the country’s GDP, positioning it as a driving force behind long-term national development.
Aevice Health: How the world’s smallest wearable stethoscope transforms asthma treatment
Asthma is one of the most widespread respiratory diseases, affecting more than 260 million people worldwide. While genetic factors play a role, asthma is also strongly influenced by stress levels, physical activity, and air quality. It is linked to an estimated 455,000 fatal cases annually, with most premature deaths occurring in low- and middle-income countries where the condition often remains underdiagnosed and undertreated.
This is how StickEarn revolutionizes Indonesia’s out-of-home advertising industry
StickEarn, an advertising technology company, was founded by Archie Carlson, Garry Limanata, Sugito Alim, and Hartanto Alim in 2017. They saw enormous potential in Indonesia's out-of-home (OOH) advertising industry, which lacked innovation compared to global cities like New York and Singapore at the time. They were determined to revolutionize the advertising space through car-based ads that were more affordable for the Indonesian market.
Smart poultry farming business à la Chickin
As a college student during his time at Brawijaya University in Malang, smashed fried chicken (ayam geprek) was a daily meal for Tubagus Syailendra Wangsadisastra. In 2016, he had just started pursuing International Relations. His business idea emerged when he met Ashab Alkahfi at an entrepreneurship training session. At the time, Ashab was studying at the Faculty of Animal Husbandry.
Inside Xurya’s journey to powering the future with solar panels
In the heart of Indonesia’s archipelago, where sunlight shines on emerald forests, a quiet crisis continues to unfold—the country still struggles with limited access to clean, sustainable energy. Despite its natural riches, the nation remains tethered to the limited energy resources, with the majority of its power drawn from fossil fuels like coal and oil—remnants of a past that no longer serve the promise of a greener future.
Fore Coffee’s IPO oversubscribed by 200.63 times, and hits upper Auto Reject (ARA) on debut day
PT Fore Kopi Indonesia Tbk (Fore Coffee), Indonesia’s leading premium affordable coffee chain, today officially listed its shares on the Indonesia Stock Exchange (IDX). The listing marks a major milestone in Fore Coffee’s growth journey, signifying its transformation into a publicly listed company and reinforcing its commitment to transparency and strong corporate governance.
East Ventures incubated company, Fore Coffee, attracts 114,873 new investors and oversubscribed 200.63 times
PT Fore Kopi Indonesia Tbk (Fore Coffee), Indonesia’s leading premium affordable coffee chain, just concluded its public offering, which took place from April 8 to 10, 2025. The public offering attracted significant interest from 114,873 retail investors and was oversubscribed by 200.63 times from the IDX e-ipo system, based on data on April 10, 2025.