Indonesia’s MAKA Motors debuts first locally designed electric motorcycle, MAKA Cavalry
MAKA Motors, an electric vehicle company focused on accelerating Indonesia’s journey to self-sufficiency in automotive technology, has officially launched its first locally designed electric motorcycle, MAKA Cavalry. With this launch, MAKA Motors aims to redefine the riding experience for Indonesian consumers while advancing the electric vehicle ecosystem within the region, the company said in a statement on Wednesday.
Indonesia’s manufacturing companies: The next economic powerhouse
The expansion of Indonesia’s manufacturing industry has shown a positive trajectory following the global COVID-19 pandemic in 2020. The industry was worth US$240 billion in 2022 and was the 12th-biggest manufacturer in the world. The nation’s manufacturing industry grew by 4.64% in 2023 and contributes around 20% to Indonesia's total Gross Domestic Product (GDP), which amounted to US$1.371 trillion.
Uncovering the potential of D2C brands in Southeast Asia
The recent East Ventures Summit 2024 panel brought together leaders from Southeast Asia’s booming direct-to-consumer (D2C) market. Jackson Aw, Founder and CEO of Mighty Jaxx, Roshni Mahtani Cheung, Founder and Group CEO of The Parentinc, and Stephani Herman, Co-Founder and CEO of Compawnion, shared insights into how new-age digital brands like theirs are reshaping the retail landscape across the region.
Redefining agritech in Southeast Asia: 5 Key takeaways
The agritech sector in Southeast Asia is at the forefront of addressing some of the most pressing challenges facing global agriculture today. During East Ventures Summit 2024, we brought four of our portfolio to shed light on their insights, experiences, and strategies for overcoming the unique challenges they face in the agritech industry.
East Ventures’ six startups listed in Forbes Asia 100 to Watch 2024 list
The fourth annual Forbes Asia 100 to Watch list showcases small companies and startups in Asia-Pacific that grabbed investors’ attention—and their checkbooks.
East Ventures-backed founders listed in Forbes’ 30 Under 30 Asia
With global economic uncertainty on the rise and a significant drop in VC funding, young entrepreneurs in Asia-Pacific have faced a new set of challenges in the past year. But the current environment hasn’t killed innovation. Judging by this year’s cohort of 30 Under 30 Asia honorees, creativity has proven to be a valuable asset to survive—and thrive—amid tougher circumstances.
Building a company culture that lasts: Tips from profitable startup founders
If an average adult works eight hours a day, five days a week, they will spend roughly a third of their lifetime, totaling 90,000 hours, at their workplace. With offices reopening post-pandemic, companies aim not only to fill seats but also to bring back company culture, which has taken a backseat for many throughout the remote-working era. During this time, workers’ attitudes and priorities have shifted, and how companies approach culture, human resources, and teamwork is entirely different than just a few years ago.
East Ventures’ portfolio companies listed amongst Tech in Asia’s 50 rising startups in Indonesia
Which startups are on the path to becoming the next big thing? One way to tell would be to check when they’ve raised a new round. Tech in Asia has generated a list of startups in Indonesia that have recently raised funding.