Indonesia’s beauty commerce, Sociolla, shows e-commerce can fight plastic pollution
Many cosmetics, skincare, or other beauty products are packaged very attractive to engage buyers. Realize it or not, waste is commonly and inevitably built into the beauty industry's business model. With the rising beauty consumption that leads to the growing impulsive beauty shopping trend in our society, the waste issue in the beauty industry is getting more critical than ever.
Sinar Mas Land partners East Ventures, others to launch smart city fund
Indonesian property developer Sinar Mas Land has teamed up with East Ventures, Redbadge Pacific and Prasetia Dwidharma to set up a fund that will invest in startups developing smart city solutions, according to a press release.
East Ventures raised US$ 550 million multi-stage fund to focus on the Indonesia and Southeast Asia startups
East Ventures, a pioneering and leading Indonesia-focused venture capital firm, has raised a total of US$ 550 million in the final close of its latest funds.
Building the ecosystem of gender equality for the sustainable future
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, has again presented its signature women-centered forum: Women with Impact Forum, as part of the celebration of International Women’s Day on 8 March 2022. This virtual forum discussed “Women as Active Agents for Sustainable Development” with five key speakers from different industries, such as venture capital, tech startups, and social enterprises.
wagely nets additional US$ 8.3 million in oversubscribed pre-series A funding
wagely, Asia’s fastest-growing financial wellness platform has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries on demand in Indonesia and Bangladesh. The funding comes in just seven months after securing its seed funding.
East Ventures becomes Indonesia’s first venture capital firm to sign UN Principles for Responsible Investment
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, has officially become a UN Principles for Responsible Investment (UN PRI) signatory as part of its commitment to creating responsible and sustainable investment and ownership decisions.
Being working moms: balancing motherhood and career
The first session of East Ventures' initial Women with Impact Forum on 16 February 2022, invited East Ventures’ Venture Partner, Avina Sugiarto; Mindtera’s Co-Founder and CEO, Tita Ardiati; and Nusantics’ Co-Founder and CEO, Sharlini Eriza Putri. It is moderated by East Ventures’ Senior Investment Associate, Stacy Oentoro.
![Bali’s Radiya Rondi enjoying a perfect tube ride in Grajagan, East Java [doc: ASC]](https://east.vc/wp-content/uploads/2022/06/Ombak-TH_-6729-scaled-1-320x202.jpg)
East Ventures sponsors two major Indonesia surfing tournaments
East Ventures is beyond happy to announce its support of not one but two surfing tournaments in Bali, the Vans Bali Pro presented by East Ventures from 8-9 March and the Liga Surfing Indonesia 2021 Grand Final from 11-13 March, which take place at Bali’s most well known beach destination of Halfways, Kuta Beach, Bali.