Based on the Company Perception Survey in the East Ventures-Digital Competitiveness Index (EV-DCI) 2022 report, the agribusiness sector is considered less than optimal in terms of digital utilization. Of the 71 small, medium, and large corporations that participated in the survey, 57.7% of respondents believed that the agribusiness sector is not yet at maximum digital reach.
“From Southeast Asia to the World: New Consumer Trend” is the topic of one of the panel discussions in the East Ventures Summit 2022, where the LPs, partners, founders, and team members of the East Ventures Ecosystem participated in a series of insightful sessions.
Born and raised in the hustle and bustle of Indonesia's capital city, Jakarta, James Rijanto recalled a big shift in venture trends, which used to revolve around the manufacturing industry to the new food and beverage (F&B) and lifestyle concepts.
Since Moses Lo was a child, he has been fascinated by technology and finance. He learned about fractional reserve banking when he was 12 years old and fascinated by the workings of a system responsible for printing money. His family purchased his first computer around the same time, and the first thing Moses did was dismantle it.
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.
Being part of the sharia market in Indonesia might be an advantage for some sharia-financing products and fintech platforms. With the rise of awareness for sharia products & services and the growth of the Islamic finance industry, the sharia-based platforms have an enormous opportunity to seize Indonesia's market.
The world celebrates Earth Day every 22 April. Earth day is an event to raise public awareness regarding environmental protection and also a time for us to reflect on what kind of contributions we have given to our mother's nature.
The awareness of gender equality and diversity in the workplace has emerged worldwide, including in Southeast Asia's work sphere. Many Southeast Asia companies realize the importance of gender diversification and equality but still figure out how to address those issues in the workplace.
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.
Research by the IMD World Digital Competitiveness Ranking 2021 showed that Indonesia is ranked 53rd of 63 countries. Another index, Global Innovation Index which measures a country’s innovation capability, reported that Indonesia has remained in the same position from 2018 to 2020, which was the 85th rank.