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.
“Culture Future”: Digital renaissance of 267-year-old Mangkunegaran heritage supported by East Ventures
Over the past five years, digital acceleration and development in Indonesia have seen exponential growth due to government efforts, as well as all other stakeholders, who are increasingly encouraging digital transformation to seize the opportunities of Indonesia’s digital golden era. The East Ventures – Digital Competitiveness Index (EV-DCI) report shows a 35% score increase, from 27.9 in 2020 to 38.1 in 2024.
Optimizing digitalization as the key to improving regional rankings
East Ventures has again released the East Ventures - Digital Competitiveness Index (EV-DCI) 2024 report in collaboration with Katadata Insight Center (KIC).
The key to embracing Indonesia’s digital economic excellence
Over the past few years, Indonesia's digital sector has been steadily growing. Despite ongoing infrastructure development efforts by the government, stakeholders have also been proactive in promoting digital literacy and the economy. These endeavors lay the groundwork for advancing Indonesia's digital sector.
Fresh Factory revolutionizes the cold chain in Indonesia
Larry Ridwan, CEO and founder of Fresh Factory, is a man who had already reached the pinnacle of his career at several major companies but still dared to chart a new course in his life. Born in Ambon, Maluku, Indonesia, Larry took a leap of faith by helping expand the fisheries market in Maluku.
Inside Indonesia’s most financially literate provinces and what to learn from them
Across Indonesia’s vivid archipelago, a financial revolution is taking place. The nation’s financial landscape is transforming remarkably through the rise of the financial technology (fintech) industry. The latest edition of the East Ventures – Digital Competitiveness Index (EV-DCI) 2023 shows that the fintech development, leveraging on the enormous number of the productive-age population that earned an income, has been astounding. A fusion of financial innovation and education is reshaping the economic landscape and empowering communities like never before.
The future of fintech in Indonesia: Empowering financial inclusion and literacy
Financial technology (fintech) has experienced a notable surge in the new normal due to the COVID-19 pandemic. The potential of higher user penetration and a significant rise in digital transactions in the future has set the pace for the advancement of fintech.