Bridging the gap to drive growth through digital distribution
First is the infrastructure issue. Although infrastructure is now progressing in a positive trajectory, some blind spots remain unaddressed. The second issue is productive utilization of technology. Social media usage is already quite good, but the conversion level from usage into economic transactions is not yet sufficient.
Digital infrastructure and consumer education remain as main issues
Digital infrastructure and physical infrastructure were really lacking when we first began. It is changing but it remains as the main issue. There is still a long way for us to achieve global standards. Over the last couple of years, Indonesia has catapulted past other parts of the region. As the infrastructure improves, you can see the proliferation and the number of start-ups booming and growing quickly, which could not have been done with the infrastructure that existed a few years ago.
The role of fintech in closing the financial gap in Indonesia
In recent years, Indonesia's digital financial services have experienced a boom as COVID-19 became the unexpected catalyst that accelerates digital transformation and technology adoption. The immense adoption of digital financial services is driven by several key factors, including growth in mobile internet penetration, the rise of digital merchants, and accelerating consumers' adoption.
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.
Adaptation strategies of fishery business to thrive amid the pandemic
Adaptation strategies of fishery business to thrive amid the pandemic From the perspective of Utari Octavianty, Chief Sustainability Officer (CSO) of Aruna While many sectors were hit hard during the pandemic, fishery showed a positive trend. What sort of transformations occurred in Aruna? When the pandemic hit, we first sorted out the logistical issues since 80% of Aruna business revolves around exporting commodities. We used to face grave difficulties in overseas shipping that led us to launch our products in the domestic market in March. Necessary adjustments were conducted to suit the market during the pandemic. [...]
More Indonesian companies installing rooftop solar panels
More Indonesian companies such as apparel manufacturer Pan Brothers are banking on the sun in their march towards sustainability. In January, three factories of Pan Brothers in Boyolali regency, Central Java, began operating rooftop solar panels that can generate 1,800 kilowatt peak (kwp), the rate at which they generate energy at peak performance such as on a sunny day in the afternoon.
East Ventures presents its first women-centered forum, Women with Impact Forum
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, today presented its first women-centered forum, named Women with Impact Forum. The forum provided the participants with three main sessions featuring several top key panelists from East Ventures and tech startup leaders. They shared their views and experiences towards women-related issues.
How leaders deliver the passion of workers, even in the time of crisis: the leadership tips from CEOs of CoHive and Base
As a leader in the company, you probably want all employees to have the same frequency and passion as yours to achieve the same goal. However, it might be a challenge as the company gets bigger and faces a crisis. Yaumi Fauziah Sugiharta, Co-Founder and CEO of Base, and Christopher Angkasa, CEO of CoHive, share their experiences.