East Ventures announces its first and final close of US$250 million Growth Plus fund

East Ventures, a pioneering and leading Indonesia-focused venture capital firm, today announced the first and final close of its Growth Plus fund, securing a total of US$250 million. The fund will specifically target growth portfolio companies within East Ventures’ ecosystem that demonstrate strong potential.

How tech startups navigate the business in the global uncertainty

Lately, the promising future offered by the tech industry has been clouded by several issues, ranging from declining valuations to massive employee cuts. Global uncertainty is heightened by several downside risks, such as rising inflation, US interest rate hikes, energy and food price volatility, and the geopolitical threats from the Russia - Ukraine war.