East Ventures announced the 30 team champions from the Coaching and Hackathon Program of Indonesia PASTI BISA Maju Terus Pantang Mundur

East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 tech companies across Southeast Asia, has announced the 30 selected team champions from the coaching and hackathon program of Indonesia PASTI BISA, Maju Terus Pantang Mundur (Keep Moving Forward, Never Give Up) or IDPB MTPM. The champion teams receive a total funding of IDR 7.5 billion (around US$ 500,000) in the form of uncapped convertible notes, including the benefits and perks from the program’s prominent partners.

East Ventures launched the fourth initiative of Indonesia PASTI BISA, Maju Terus Pantang Mundur, to revive and support the digital ecosystem in Indonesia

East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 tech companies across Southeast Asia, today launched the fourth initiative of Indonesia PASTI BISA, namely Maju Terus Pantang Mundur (Keep Moving Forward, Never Give Up) or IDPB MTPM. It is a collaborative project led by East Ventures in response to the current rampant employee layoffs, especially in the tech ecosystem.